Location: Washington, DC
The National Trust for Historic Preservation, in partnership with its subsidiary, the National Trust Community Investment Corporation (NTCIC), announces the Tony Goldman Internship for Diversity in Real Estate Finance, Community Development & Historic Preservation. Tony Goldman was a foundational board member of the National Trust Community Investment Corporation and is known for having created a legacy of diversity and inclusion. The Tony Goldman Diversity Internship was created to honor his work in cultivating diversity in the fields of historic preservation, real estate finance, and community development. We are seeking an intern from an underrepresented community new to historic preservation and/or real estate finance to increase the diversity—racial, ethnic, cultural, generational, and socio-economic—of professionals in real estate finance, contributing a wide range of perspectives and enriching the professional climate.
National Trust internships are short-term, voluntary experiential learning opportunities with no expectation of employment at the conclusion of the internship.
For this internship, the organization is offering a stipend of $500/week to help offset expenses. Ideal dates for this internship are June 4 – July 27, 2018, but are flexible.
- Support originations, closing, marketing and public policy functions in connection with company’s federal historic tax credit, new markets tax credit, and solar tax credit syndication
- Review underwriting materials to develop an understanding of financial structuring; analyze materials and prepare content for investment committee memoranda
- Request data and conduct interviews with community partners. Summarize data and draft narratives for use in internal and external materials
- Prepare materials for legislative meetings
- Research and analyze state tax incentive programs
- Attend a site visit with Asset Management team. Meet with developers and determine potential risks for the project
EDUCATIONAL VALUE TO THE INTERN
The intern will gain experience under the mentorship of respected tax credit syndication professionals in an educational setting at one of the nation’s leading non-profit advocacy organizations and community development entities. The intern will also have the opportunity to participate in educational programming offered via the National Trust for Historic Preservation’s Washington, D.C. office internship program. Students may also be eligible for college or graduate school academic credit at the discretion of their institution.
Specifically, the intern will gain knowledge in the following areas related to the federal historic, new markets and solar tax credit programs:
- Origination of potential tax credit transactions
- Project management to guide a project through the closing process
- Asset management
- Public policy at the state and federal levels
- Basic knowledge of real estate finance.
- 30 hours a week for a minimum of 6 weeks preferred.
- Basic analytical and problem solving skills, including issue identification and prioritization. Basic project organization skills.
- Excellent attention to detail.
- Ability to collaborate and achieve results with supervision, including ability to interact professionally with key internal and external stakeholders as needed.
- Strong organizational skills required, with ability to prioritize, multi-task efficiently, and meet deadlines in a timely fashion.
- Ability to adapt and be flexible in a dynamic work environment.
- Strong verbal and written communication skills. Friendly and professional demeanor on the phone and in writing, with ability to speak and write clearly.
- Proficiency with Microsoft Office products required, including Outlook, Word and Excel. Familiarity with other software a plus [CoStar, GIS, CRM, financial modeling].
- Graduate level studies (or equivalent years of experience) preferred; current or rising undergraduate seniors considered. Studies or demonstrated interest in related subject matter required, e.g. real estate, finance, business, public policy.
- Some travel required, including to a Goldman Properties office in either Miami or New York City.
Regular and reliable attendance required.
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