Affordable Housing Intern

Department:

Senior Management - Affordable

We are Walker & Dunlop.  We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Walker & Dunlop’s Summer Internship Program provides a dynamic environment for students to learn aspects of the commercial real estate finance industry. Each year, W&D invites a distinguished group of interns to participate in a ten-week training and mentoring program to help build their skills and learn about the organization. Interns will play supporting and individual contributor roles and have the opportunity to make meaningful contributions to our business through hands-on training. 

If you are looking for a summer internship in commercial real estate finance, the below opportunity may be for you.

Walker & Dunlop’s Affordable Housing Group is recognized as a leader in the industry.  With multiple business lines including Debt, LIHTC Equity, Affordable Investment Sales, Affordable Development and Capital Advisory services, this team of over 200 professionals has a wide array of expertise across the entire capital stack in affordable housing.  Our team is on a mission to improve our nation’s affordable housing stock and ensure people have access to stable, quality, and safe housing. We do that by providing services and capital for the development and preservation of all types of affordable housing across the United States. Our unique platform drives strong financial returns for clients and supports the development of thriving communities where people can afford to live where they work, shop, and play.

Things to look forward to:

• Introduction to senior leadership

• Learning about the different parts of the transaction cycle

• Relationship building 

• Trainings outside of day-to-day responsibilities through a speaker series

• Networking events

• Opportunity to be considered for full-time positions upon graduation 

Primary Responsibilities:

The Intern will be placed within a functional team in the Affordable Housing group, depending on capacity and need, which may include asset management, finance, acquisitions and underwriting, or development. As a member of these teams, the Intern will assist with various analyses and projects which may include:

• Detailed review of property financial data, T12 financial reports, rent rolls, operating budget, capital expense needs, applicable rent restrictions, market surveys, and rent and sales comps.  

• Review of third-party diligence reports and assisting in the preparation of investment committee memos.

• Assisting with market research and analyzing demographic data.

• Assisting with routine management of the Affordable Equity portfolio, such as helping with reserve requests and capital contribution packets.

• Working on special projects for internal or external review, such as compiling data, backfilling the Affordable Equity database, and special research projects.

• Interfacing with various departments within the firm, including Originations, Acquisitions, Asset Management,  Investor Relations, Affordable Debt and Affordable Investment Sales.

Education and Experience:

• Must be enrolled full-time and pursuing a bachelor’s degree in an undergraduate program at an accredited university

• Must be at least 18 years of age and eligible to work in the U.S.

• Must have at least a 3.0 cumulative GPA

• Must be able to commit to the 10-week program beginning June 1st and ending August 7th 

• Relevant work experience a plus

Knowledge, Skills, and Abilities:

Successful candidates will have shown a sustained record of accomplishment, demonstrating academic excellence and leadership, in addition to the following:

• Have a passion for learning about commercial real estate

• Be a team player and self-starter

• Have strong communication skills and personal drive

• Be willing to do what it takes to contribute to the bottom line

• Strong attention to detail

• Developed organizational and time management skills

• Demonstrated analytical skills

• Demonstrated professional maturity

• Ability to take initiative and work independently

• Proficiency in Microsoft Word, Excel, Outlook, and PowerPoint

• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes 

• Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders

This position pays $28/hr.

What We Offer

• The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023

• Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include:
    - Up to 83% subsidized medical payroll deductions
    - Competitive dental and vision benefits
    - 401(k) + match
    - Pre-tax transit and commuting benefits
    - A robust health and wellness program – earn cash rewards and gain access to resources that
      promote health, engagement, and balance
    - Paid maternity and parental leave, as well as other family paid leave programs
    - Company-paid life, short and long-term disability insurance
    - Health Savings Account and Healthcare and Dependent Care Flexible Spending 

• Career development opportunities 

• Empowerment and encouragement to give back – volunteer hours and donation matching 

 
*Eligibility may vary based on average number of hours worked 

EEO Statement

We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.

SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.

Fair Chance Hiring

Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.