• Job Description

  Req#: SUMME004929

  Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $13 billion in loan originations in 2023. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. A highly philanthropic company, Greystone donates more than half of its profits to charity each year.

  We are seeking an FHA Multifamily Intern to join our Summer 2025 Internship Program. Our summer internship program is for students pursuing an undergraduate degree and is geared toward rising seniors. This is a unique opportunity to build the foundation for a strong career in commercial real estate by working side by side with the experts who drive the industry every day. Our interns learn by getting involved in real projects and helping their teams solve client’s problems.

  As an Origination Intern, you will:

  • Perform valuation and cash flow analyses using various methodologies.
  • Participate in the origination and execution of lending and debt transactions.
  • Prepare presentation materials for use in client meetings.
  • Engage in all stages of transaction executions, from the pitch phase through closing.
  • Conduct initial client outreach through cold calling/email marketing.
  • Coordinate efforts with deal team members across the company.

  As a Production Intern, you will:

  • Work closely with our Senior Underwriters and Asset Management team.
  • Analyze real estate financial data for multifamily or healthcare properties.
  • Complete loan sizing to assist the team while leveraging information provided through property financials and our internal financial models.
  • Research various markets, statistics, laws, and regulations.
  • Draw conclusions based on aggregate information and prepare summary opinions.
  • Attend meetings and build relationships with internal Greystone team members and external 3rd party vendors.
  • Input a property’s specific financial information into database systems and Excel workbooks.

  As an Underwriting Intern, you will:

  • Work closely with Senior Management and the Sales Teams.
  • Analyze commercial real estate financial data.
  • Research various markets, statistics, laws, and regulations.
  • Draw conclusions based on aggregate information and prepare summary opinions.
  • Coordinate with underwriters, production team, and borrowers for collection of loan due diligence materials.
  • Analyze rent rolls, operating history, etc., and spread data into financial analysis spreadsheets.

  Experience, Skills, and Abilities Required:

  • Pursuing a Bachelor’s Degree in Business, Finance, Accounting, or Economics from an accredited college or university is required.
  • Fundamental real estate knowledge through prior internships and coursework.
  • Strong communication skills.
  • Proficiency in Microsoft Word, Excel, Outlook, and PowerPoint.
  • Must have good analytical skills.
  • Must be detail-oriented with strong organizational and project management skills.
  • Excellent verbal and written communication skills.
  • Strong time management skills and a respect for deadlines.
  • Driven, innovative team player who is focused on results and strives to deliver a superior work product.
  • Proven track record of success in prior academic or work experience.
  • Unquestioned personal and professional integrity.

  At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO Employer

  Interns hired in NYC for summer 2024 will be compensated at $27/ hour.

  *The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.*

  *For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing Company LLC and excludes risk sharing and hospital loans.*

• About the company

  With over 30 years of experience in commercial real estate finance, Greystone delivers problem-solving, creativity, and expertise. Learn more about our services.

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