Apprise Commercial Property Valuation Intern

Department:

Apprise

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 valuation, the below opportunity may be for you.

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.

This internship is a part of the Research Pool. The Research Pool is supporting the Apprise workforce in their day-to-day operations through analytics, research, and data collection, with the purpose of training high-potential analysts to become the next generation of valuation advisors. The position offers exposure to multiple valuation markets across the country and the ability to collaborate with various team members within Apprise.

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 

Primary Responsibilities

• Valuation Support: Assist in all aspects of preparing legally compliant appraisal reports in and around the assigned territory, adding new capabilities and working on more of the appraisal front-end as you advance your training.
• Property inspections: Join certified appraisers on inspections and support with any inspection-related work.
• Data collection and organization: Gather relevant data from various sources, such as property listings, market reports, financial statements, and public records. Ensure the accuracy and completeness of the collected data.
• Data cleaning and preprocessing: Cleanse and validate the data to remove errors, inconsistencies, and outliers. Transform and format the data to make it suitable for analysis. Address any data-related issues promptly.
• Market research and trend analysis: Conduct research on real estate market conditions, supply and demand dynamics, rental rates, and other factors affecting property valuation. Monitor industry trends and identify patterns that can contribute to accurate valuations, such as comparable sales, rents, amenities, and locations.
• Technology and tool utilization: Utilize our in-house built platform (Apprise) appropriately, and work with W&D tools such as Enodo for parsing and preparing the data for the respective databases our businesses use. Familiarize yourself with other relevant real estate valuation software, such as Valcre, and tools used within the firm.
• Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, in combination with travel if applicable.
• Other duties as assigned.

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

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.