Intern - Asset Management (Sena Affordable Communities)

    L+M Development Partners LLC logo

    L+M Development Partners LLC

    201-500 employeesFounded 1984New York, New York, United StatesReal Estate
    Actively hiringPaidSummer 2027Real Estate
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    Best applied by Sep 24

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    About the role#

    Sena Affordable Communities, a part of the L+M Fund Management team, focuses on national preservation projects outside of New York City. The team works to preserve existing affordable housing through the acquisition and rehabilitation of properties. As a summer intern, you will work both independently and as part of a team during a ten-week program. You will gain exposure to the industry, visit job sites, and present your findings to senior management.

    What you'll do#

    • Assist asset managers with the financial review of monthly operating reports.
    • Participate in calls with third-party management company representatives to discuss property operations.
    • Support the team on various projects, including reviewing operations to ensure the timely release of equity from LIHTC investors.
    • Join asset managers on site visits to local properties.
    • Perform various ad hoc projects as needed.

    What you'll need#

    • You must be at least 18 years old and currently pursuing a graduate degree.
    • Strong written and verbal communication skills.
    • Proficiency in the Microsoft Office Suite.
    • An understanding of real estate finance is preferred. Applicants may be asked to complete a brief exercise to demonstrate this knowledge.
    • Coursework in Real Estate Finance or Investments is a plus.

    Location & details#

    • This is an on-site, full-time, paid internship based in New York, New York.
    • The term for this position is Summer 2027.
    Relevant fieldsOther

    About L+M Development Partners LLC

    L+M Development Partners LLC operates as a full-service real estate firm. The company focuses on the development, investment, construction, and management of urban properties. It maintains a primary presence in the New York Tristate Area. Founded in 1984, the firm manages over 57,000 residential units. It is a privately held organization with 201 to 500 employees.

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