Asset Management Summer Intern
Pangea Real Estate, United States

Description

Pangea Properties is a privately held real estate investment trust (REIT) headquartered in Chicago. We specialize in the acquisition and renovation of distressed multifamily properties in lower-middle-income, underserved communities, where quality, affordable housing options are virtually nonexistent. Founded in 2008, our mission is to be a model leader in our space who provides superior value, service and care to our residents and acts as a catalyst for change in the neighborhoods we serve. As a vertically integrated firm, we lead with operations but take a hands-on approach to real estate investment and property management, accomplishing our mission by incorporating data and technology with hyperlocal customer service to all units. In the past 12 years, our portfolio has grown to over 13,000 apartment units owned and operated in Chicago, Indianapolis, and Baltimore, and we continue to expand. We are proud to have been named a Chicago Tribune Top Workplace for six years in a row.

Learn more about Pangea Properties here.

Pangea Properties is searching for talented, ambitious, entrepreneurial, and self-driven candidates to work with our organization during a 10 12-week Summer Internship Program. Successful candidates will be motivated and excited to work at a fast-growing company with room for growth. Our business has gone from 0 employees to almost 500 with the majority of promotions sourced from within. We are now seeking to recruit and develop exceptional talent to be the future of our company and provide them with the tools to be successful.

What to expect:

• Job functions mainly focused on the Asset Management and Operations teams, depending on projects and initiatives. Potential for exposure in other departments (Accounting, Marketing, etc.) as needed.
• The analyst will be expected to learn the fundamental skills necessary to be successful in any analytical role and leverage those into making an impact in different specialty areas to drive value
• We are a fast-moving organization and expect the analyst to be hard-working, eager to learn, and driven to take on growing responsibilities as quickly as possible

• This position will be given autonomy to identify, quantify and solve business problems

Potential job functions:

• Asset Management
  • Reporting
    • Develop technical skills in order to become an expert in business software (Excel, SQL, Business Intelligence Platforms)
    • Create and own operational and financial reporting, including ad-hoc analysis
  • Data Analysis
    • Use standard and ad-hoc reporting to identify positive/negative trends in the business to aid in the decision-making process
    • Identify variances from benchmarks and the drivers of those variances
• Operations
  • Process Improvement and Development
    • Roll out new marketing and operational initiatives to cut cycle time, improve efficiency, or increase customer satisfaction
    • Develop project plans and scope of work. Coordinate the prioritization, development, testing and implementation for each project
    • Constantly identify areas of improvement in the process and suggest/implement improvements
    • Ability to diagnose, research, and resolve technical issues independently or as a part of a team.
  • Analytical Decision-Making
    • Create, prepare, and edit daily, weekly, monthly analytics to drive decision making
    • Use a data-backed approach to answer questions and trends
    • Run ad-hoc projects/analysis to create strategic recommendations based on data analysis
    • Measures performance against process requirements, aligning improvement projects to close performance shortfalls

Requirements

• Pursuing a Bachelor’s degree
  • Finance/economics, accounting, entrepreneurship, or related major preferred
  • Minimum 3.5 GPA
  • Rising Senior, expected Spring 2022 graduation date
• Microsoft Office skills are a huge plus
• Must be able to communicate effectively to all departments and levels of the organization
• Must have the ability and willingness to work both independently and cooperatively in a team environment
• Strong desire to learn and take on responsibility quickly
• Must be able to adapt quickly to changing business needs and dynamics

Benefits

• Paid internship
• Casual work environment in Chicago's West Loop area
• Casual dress code
• Healthy drinks/snacks

Job Rewards and Benefits