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New Business Strategy, MBA Internship (Summer 2023) @Lincoln Avenue Capital
Business
Salary -
Remote Location 🇺🇸 USA
Job Type Internship
Posted 2mths ago
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New Business Strategy, MBA Internship (Summer 2023)

Lincoln Avenue Capital is seeking a New Business Strategy intern to join our firm this summer. This individual will be responsible for working with our Executive-level team on sourcing, analyzing, structuring, and financing new business opportunities in the real estate investment space. As a 10–12-week paid Summer Internship, this is an opportunity to develop critical business acumen and skills as you build long-term growth plans that have the potential to impact our business and mission for years to come. Through our dynamic program, you will gain practical and hands-on experience to help you meet your educational goals and prepare you for a real estate, finance, or private equity career.

At this time, we are only considering MBA students who are graduating in Spring 2024.

 

What You'll Do

  • Conduct primary research on expansion opportunities in any market.
  • Lead the development of a long-term growth plan and underwriting standards.
  • Determine the strengths and weaknesses of various new business opportunities while considering the impact on the Founders' overall investment strategy and social impact goals.
  • Work with the Executive team to create recommendations for market expansion and large-scale investment opportunities.
  • Present recommendations to the investment committee with oversight from senior leaders, including LAC's Co-Founders.
  • Investigate and analyze market rules, regulations, industry trends, or other documents.
  • Analytical tasks including modeling of investment opportunities.

Requirements

  • MBA candidate (Spring 2024) with exceptional academic performance and experience in finance and/or real estate.
  • Real estate, private equity, or structured credit experience preferred.
  • Experience in financial modeling.
  • Ability to work in a fast-paced environment.
  • Strong oral and written communication skills.
  • Strong project management skills with the ability to prioritize and manage daily tasks.

Benefits

  • The compensation range is $10,000 -- $12,500 per month, depending on experience and location.
  • Interns can be remote, though there is a preference for this role to be in the New York City or Santa Monica Office. Ideally, the intern would commit to being in the office 3+ days out of the week between Monday through Thursday.
  • We provide a monthly stipend for out-of-area interns working in NYC or LA.
  • We offer a temporary remote set-up for your home & free catered lunches whenever you are in the office.
About The Company

Headquartered in Santa Monica, CA, Lincoln Avenue Capital (LAC) is a real estate private equity firm that owns, develops, and invests in low-income, subsidized housing communities nationwide. Founded in April of 2016 by an entrepreneurial family, LAC has quickly grown to own a portfolio of over 19,000 units in 108 properties located across 18 states as of Spring 2022. We are currently one of the most active acquirers of subsidized housing properties (both Section 42 LIHTC and Section 8) in the country.

Recently, Affordable Housing Finance (AHF) came out with their Top 50 Affordable Housing Owners of 2021 list and LAC was featured at #18. Additionally, LAC was listed as the #1 company completing acquisitions in the Top 10 Companies Completing Acquisitions in 2021 as well as Top 10 Companies Completing Substantial Rehabs in 2021 at number #3. Finally, LAC was also listed in the Major Moves by the Industry’s Top Owners and Developers feature.

LAC has built a team with deep experience in finance, investments, and affordable housing. Through our diversity of backgrounds and experienced, we have a deep commitment to ensuring the delivery of quality, stable housing communities to its residents while providing financial and social returns for its investors. Our success to-date and growth ambitions offer its employees a unique value proposition:

  • "Start-up" mindset looking to innovate across its business.
  • High-growth company with ambitious targets to become one of the major owners of subsidized housing in the country. LAC offers career growth and wealth creation opportunities for employees, both near- and long-term.
  • Growing organization with meritocratic structure based on team collaboration and accountability. We move at a fast pace and offer employees opportunities to showcase their knowledge and experience in ways that add value to the company.
  • Fun, work hard/play hard culture: the company values results first and foremost and has a strong, supportive, collaborative culture.
  • LAC is a double bottom line business where each employee can make a meaningful difference in residents' lives within our communities.

LAC is actively seeking team members who have rigorous institutional experience and standards but a dynamic, entrepreneurial spirit as the firm positions itself for continued growth. For more information on LAC, please visit lincolnavecap.com.

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Back to Remote jobs  >   Business
New Business Strategy, MBA Internship (Summer 2023) @Lincoln Avenue Capital
Business
Salary -
Remote Location 🇺🇸 USA
Job Type Internship
Posted 2mths ago
🙈  Does this job need an edit?
Apply for this position
🇺🇸 Be aware of the location restriction for this remote position: USA Only
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
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