Extra Space Storage

Real Estate Intern

Salt Lake City, UT, United States Part time

*** Please note that this is a part time internship (20-30 hours per week) in which this person will be required to work out of our Cottonwood Heights office in Salt Lake City, UT ***

Our Real Estate Intern gathers and analyzes information needed for possible investments and real estate acquisitions.  They will assist in delivering preliminary reviews and interpretations of potential acquisitions and formulate the findings into reporting protocols used by the company. They’ll be able to work on a variety of different projects within our real estate department.

Primary Responsibilities

  • Reviews financial statements and prepares preliminary valuation of real estate assets

  • Assists in the evaluation of investment returns based on cap rates, discounted cash flows, use of leverage and Illustrate trends and possible risks of potential opportunities

  • Develops underwriting and modeling for potential market strategic opportunities

  • Reviews financial and operational due diligence materials for acquisitions

  • Aids with the development of Operations’ department budgets for properties under contract and reconciles with original underwriting

  • Assists with a variety of ad-hoc projects

Job Specifications

  • Interprets general business periodicals, professional journals, technical procedures, or governmental regulations

  • Effectively presents information

  • Responds to questions from groups of managers, clients, and customers

  • Calculates figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.  Applies concepts such as fractions, percentages, ratios, and proportions to practical solutions

  • Proficient with Microsoft Excel, Word, and related software packages

  • Defines problems, collects data, establish facts, and draw conclusions

  • Solves practical problems and deals with a variety of concrete variables in situations where only limited standardization exists

Education and Experience

  • Attained or currently pursuing a bachelor’s degree in real estate, finance, or a closely related field

Working Conditions/Physical Demands

Performs sedentary work in an office environment with limited lifting (less than 10 pounds) or walking required. Close visual acuity required to perform work at computer terminal. No exposure to adverse environmental conditions. Requires repetitive typing motion, talking, hearing, grasping and feeling.

Disclaimer

The above information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

If you are a current Extra Space employee, please apply through Jobs Hub in Workday.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Applications Deadline: Applications will be accepted until the position is filled.