Intern - Acquisitions and Asset Management

Location:

Denver Home Office

Reports to:

Asset Manager

Company Overview:

Highlands Vista Group (“HVG”) was formed in 2018 with a long‐term investment strategy in multifamily real estate. HVG cultivates a best-in-class environment where residents, employees, and investors can all grow over the long-term through a strategy of acquiring and managing apartment communities in underserved US markets.  Demonstrating strong growth since its founding, HVG is headquartered in Denver, Colorado and currently owns and manages 50+ properties throughout the US Southeast and Midwest.  We follow a common PATH of being Passionate, Authentic, Trustworthy, & Hardworking.

Job Summary:

The Intern will work closely with management to oversee a portfolio of multifamily properties in a geographic region and assist in the execution of property specific asset business plans. The Intern will also be responsible for assisting in acquisition activity in a geographic region which includes sourcing, underwriting, and closing deals.

Key Responsibilities:

•    Create, update, and analyze daily, weekly, and monthly financial monitoring tools

•    Draft quarterly reports to investors to detail distribution amounts and property operations

•    Conduct quarterly site visits to meet with onsite staff, discuss operations, examine property condition, and review recent and upcoming capital work

•    Assist in developing asset business plans for each property and provide oversight on operations and capital expenditures to meet or exceed pro forma

•    Negotiate vendor agreements for onsite capital work and recurring property services

•    Identify trends and issues and make recommendations to increase income or capture cost savings

•    Assist in the refinancing or sale of assets

•    Maintain a pipeline of properties in a specific region and provide weekly updates to management on potential acquisitions

•    Present acquisition opportunities internally to HVG team members

•    Submit letters of intent on opportunities

•    Create investor offering memorandums and internal investment committee presentations

•    Manage all investor level documents and communication for capital raise on new acquisitions and ongoing property updates to investors

•    Oversee due diligence process for new property acquisitions including unit walks, capital scope, asset business plan creation, and market research

•    Assist with property closings including communication with seller, title company, and property management

•    Complete all other duties as assigned

Desired Skills, Experience, and Qualifications:

•    Junior year (open to Sophomore year applicants)

•    Bachelor’s degree in Finance, Accounting, Economics, Real Estate, or other business-related fields

•    GPA of 3.5 or higher

•    Excellent analytical and quantitative skills

•    Exceptional attention to detail

•    Hard worker

•    Eager to learn

•    Strong problem-solving skills

•    Highly organized with the ability to prioritize multiple projects

•    Self-starter comfortable working in an environment with evolving roles and responsibilities

•    Strong communication skills with the ability to interact with various internal and external parties

•    Proficiency in Microsoft Excel, PowerPoint, and Word

Asset Management Career Path:

Level 1 - Intern

Level 2 - Analyst

Level 3 - Senior Analyst

Level 4 - Associate

Level 5 - Senior Associate

Level 6 - Asset Manager

Level 7 - Senior Asset Manager

Level 8 - Director - Acquisitions & Asset Management