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Employment Type:
Job Category:
Project Management
Asset Management Intern
(This job is no longer available)
Grad Date

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Job Description

POSITION: Asset Management Intern (unpaid internship, temporary)

DIRECT REPORT: Director of Asset Management


Cardinal Group Investments, LLC ("CGI") is currently seeking an Asset Management Intern to join its investment team in the firm's Denver Headquarters office. The position will assist in the management and oversight of student housing and conventional multifamily investments throughout the country, and includes a range of opportunistic, value-add, and core-plus investment opportunities. CGI is the investment arm of Cardinal Group Companies ("CGC"), a diversified real estate investment, management, construction and marketing company with a national footprint.

The Asset Management Intern will report to the Director of Asset Management and will be responsible for providing administrative and analytical support to the investment team. A strong work ethic, passion for real estate, desire to learn and grow, and excellent verbal and written communication skills are required. A background in accounting or finance or accounting is preferred.

RESPONSIBILITIES (Including but not limited to)

1. Review weekly and monthly management reports and attend weekly calls with on-site teams, operating cells and capital partners.

2. Review financial statements and work with investment accountants to ensure proper tax treatment of all income and expense line items.

3. Review monthly cash management reports and ensure compliance with budgeted reserves and investor distributions.

4. Review and assist in assembling monthly and quarterly investment reports detailing performance of each portfolio asset and investment strategy.

5. Review lender and joint venture partner reporting packages.

6. Work with Cardinal Group's in-house construction management team ("CG Con") to ensure adherence to project budgets, communication and reporting requirements, and timelines for delivery of improvements.

7. Analyze operating reports and provide feedback to CGM as well as on-site teams about areas to improve performance, including rent setting, marketing and leasing, vendor selection and staffing.

8. Assist with asset dispositions including preparing diligence materials.

9. Maintain company archives, including investment and fund documents, and internal analyses and reports.

10. Assist with insurance and property tax related activities.

11. Complete market research including rent surveys, supply & demand metrics, and overall market dynamics.

12. Identify and prepare ad hoc analyses of unique problems or opportunities.

13. Other duties as directed by your supervisor.

14. Participate in Cardinal U training as required.

About Cardinal Group Companies

Since 1996 Cardinal Solutions has been a leading IT solution provider and systems integrator in the central region. Our best practices for solution delivery have helped ensure return on investment for the business and created a track record of "on time" systems deployments. Cardinal Solutions' clients include: American Electric Power Cardinal Health Federated Department Stores Fifth Third Bank Johnson & Johnson Kroger National City Bank Procter & Gamble Target Stores The domain experience of our people is a critical component of our success. Cardinal Solutions' enterprise solution expertise includes: B2B and B2C Portals Business Intelligence Business Process Automation Data Warehouse Systems Electronic Document Solutions Print Stream Solutions Product Lifecycle Management Service Oriented Architectures and Web Services A valuable compliment to our consulting services is the skills development, training and mentoring we provide our clients. Cardinal Solutions offers public, private, and customized training in variety of subject areas including: Business Objects and Crystal Reports Java Academy (Beginner , Intermediate-Advanced Programs) IT Governance and PMO Best Practices Microsoft .Net Academy (Beginner , Intermediate-Advanced Programs) Project Estimating and Resource Planning Project Management Academy Requirements Management XP/Agile Methodologies Cardinal Solutions Group | Toll Free: 888-503-2218 | Contact