Job Description

Company Overview

Balsam Green is a boutique investment firm focused on the acquisition and development of low-income tax credit housing across the country.

Balsam Green was founded to help solve problems for existing owners, investors, lenders, and developers, allowing each party to focus on their highest-value opportunities. The firm has preferred construction, rehabilitation, property management, and compliance partners to ensure that each challenge has a viable path to success.

Balsam Green’s core values of Be Real, Do the Right Thing, Own It and Win Together are integral to the company’s operations.

Position Summary

The Acquisitions & Development Intern will report to the CEO and assist the Director of Acquisitions. There will be one position in in both of our Minneapolis and Atlanta offices. 

Responsibilities

• Assist in underwriting of acquisition and development opportunities for affordable multi-family housing
• Present analyses findings to Founding Principal and CEO
• Prepare external financing requests and applications
• Analyze existing due diligence materials and summarize opportunities and concerns
• Research subject property, surrounding community and competition for trends
• Coordinate and complete due diligence items for lenders and investors
• Assist in construction and asset management processes
• Be in person in office everyday when not travelling
• Occasional travel for site visits

Qualifications

• Pursuing or recent graduate of a four year Bachelor degree in Real Estate, Finance, or Accounting
• Previous real estate, finance or accounting experience as intern or entry level position
• Experience creating and developing financial underwriting models in excel
• Curiosity, drive and logic are main personality traits
• Answer the phone when it rings
• Comfortable discussing issues and questions in person or over the phone
• Researches possible solutions prior to asking questions
• Proactively shares thoughts and ideas to create or improve processes
• Advanced Excel, Word, PowerPoint and Gmail skills
• Experience with Monday project management/CRM, task management experience or similar software
• Being a Green Bay Packer fan is not a firm requirement but it will help with team morale

Proposed Range

• Hourly Rate of $20 to $25 based on experience

We are an EOE meaning we provide equal employment opportunities to all employees and applicants for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing, military or veteran status, or any other characteristics protected by law.

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