Acquisitions Intern

Community Affordable Housing Equity Corporation (CAHEC) is currently seeking candidates for an Acquisitions Intern. CAHEC is a non-profit tax-credit syndicator based in Raleigh, NC that helps develop and foster healthy neighborhoods by raising equity capital and investing in affordable rental housing and community revitalization. Our portfolio comprises over 600 assets in eleven states. CAHEC also invests in the people living in the properties we help finance through innovative enrichment opportunities called Community Investments.

The Acquisitions Intern provides temporary support to Acquisitions, New Markets, and Risk Managers in the origination, underwriting, due diligence review and closings of transactions. The internship offers practical experience related to affordable housing and community development finance. Under close supervision of existing staff, the Acquisitions Intern will learn to analyze, evaluate, structure and formulate recommendations regarding investment in complex real estate investment transactions. The position will assist department staff with financial modeling, originations, due diligence review, and the preparation and presentation of investment reports. The position requires excellent financial analysis, written and verbal communication skills. The employment classification or this temporary position is non-exempt.

Education Requirement
Bachelor’s Degree in real estate, finance, business, city planning, economics or related field; or an equivalent combination of education and comparable work experience.

Work Experience
Minimum one academic year completed with concentrated coursework in real estate, finance, business, city planning, economics or equivalent one year of relevant work experience.

Knowledge, Skills, and Abilities
Candidates must demonstrate advanced MS Excel modeling skills and proficiency with MS Word and cloud-based storage applications. Candidates need a basic knowledge of real estate development and financial modeling and demonstrate the ability to analyze and develop complex financial models. Candidates must be able to set priorities, meet critical deadlines, and work in team environment in a manner consistent with CAHEC’s Principles and Values.

Work Environment
This position is based out of CAHEC’s corporate office in Raleigh, NC. Certain objectives require working on-site at various locations, such as industry conferences and events at properties in CAHEC’s investment portfolio, and some professional training opportunities may require travel.

Compensation and Benefits
CAHEC is an equal-opportunity employer that offers a competitive compensation.

For more information and how to apply: please visit www.cahec.com.