Real Estate Finance Intern

Department:

Multifamily - Sales

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.

The Real Estate Finance (REF) team at Walker & Dunlop acts as an advisor on all asset classes for many of the industry’s leading developers, owners, and operators and as a trusted resource for our capital providers.  With a wide breadth of lending sources, Walker & Dunlop maintains relationships with hundreds of capital providers across the country. With proprietary insights into pricing and market movements, the REF team delivers creative financing solutions to clients across the country.

Walker & Dunlop Investment Sales (WDIS) represents the nation’s premier multifamily owners, developers, and operators with the highest level of investment advisory service. Since 2003, the WDIS Team has built a reputation as a market leader in multifamily investment sales and is active in institutional, private client, senior housing, student housing, and affordable housing sales across the country.

Apprise delivers unprecedented property- and market-level insights, the most comprehensive multifamily data, and accesses the best technology to proactively service our clients’ valuation needs and produce superior quality reports. Apprise is a subsidiary of Walker & Dunlop that combines industry-leading multifamily underwriting experience, data science, and analytics technology prowess. The skills of the most trusted MAI-designated valuation experts in the U.S are leveraged in a platform that is actively developing the appraisal tools of the future.

Things to look forward to:

• Introduction to senior leadership

• Learning about the different parts of the valuation process

• 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

Core Responsibilities Across All Divisions:

• Assist with preparing and reviewing financial models, cash flows, valuations, or underwriting analyses.

• Collect, analyze, and organize market data, including comparable sales, rents, supply/demand trends, and pipeline activity.

• Gather, validate, and maintain data from various sources to ensure accuracy and completeness.

• Draft, proof, and assemble client-facing documents, including investment memoranda, appraisal reports, offering memorandums, broker opinions of value, and market presentations.

• Support deal execution or appraisal processes by maintaining files, monitoring deadlines, and coordinating documentation.

• Shadow team members, attend meetings and training, and communicate with internal and external stakeholders.

• Perform administrative tasks, audits, or other duties to support smooth team operations.

Division-Specific Responsibilities:

Real Estate Finance

• Review leases and property documents to assess cash flow stability.

• Research lenders and capital providers to understand lending criteria.

• Assist in reviewing financing proposals and commitments.

• Support identification and pursuit of new business leads.

Investment Sales

• Analyze multifamily investment opportunities, including existing, value-add, and development projects.

• Research, draft, and proof offering memorandums (OMs) and broker opinions of value (BOVs).

• Assist in creating and editing market presentations.

• Monitor deal progress, contingencies, and deadlines to ensure smooth closings.

Appraisal

• Join certified appraisers on property inspections and assist with inspection tasks.

• Clean and preprocess data to ensure valuation accuracy.

• Utilize appraisal software tools (Apprise, Enodo, Valcre) to process and analyze data.

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 will pay $28/hour.

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.