Job Title:
Investment Analyst Summer Internship - LMF

Company: Lennar Mortgage

Location: New York City, NY

Created: 2024-04-20

Job Type: Full Time

Job Description:

Overview Lennar is the largest homebuilder in the United States and is the parent company to LMF Commercial ("LMF"). Having several platforms, LMF Commercial ("LMF") is responsible for originating commercial real estate loans ranging in size from $2-100 million. LMF securitizes these loans, selling bonds to investors. In 2016 and 2017 LMF ranked as the first in volume as non-lead bank underwriter loan contributors. Over 90% of LMF's funded loans had initial loan balances under $50 million and approximately 80% of LMF's funded loans are secured by assets located in non-top 10 MSAs. #CBResponsibilities The Intern Investment Analyst position will be from May/June to August/September. This internship may lead to a future full-time terns will be exposed to underwriting commercial real estate as well as the securitization process. Interns will see the securitization process from origination through completion when bonds are sold to investors. LMF Commercial (LMF) is a growing company, and is an excellent opportunity for students to become exposed to Real Estate finance. Assist in underwriting and performing due diligence of potential and new application returned loans Financial modeling and data analysis Perform research on various markets throughout the U.S. and communicating with brokers, in these markets Ad hoc projects as needed Qualifications Current pursuit of a Bachelors or Master's degree in real estate, accounting, economics, finance, or other related field (preferred from Columbia University or New York University)Preferred colleges: Columbia, New York or Baruch UniversityHighly motivated and proven track-record of high achievementAdvanced proficiency with Excel and other Microsoft Office applicationsCompensation Overview:The base compensation for this position is estimated to be $25 per hour, subject to adjustment based on business-related factors including employee qualifications and operational considerations.Type Intern (Part Time)