Trammell Crow Company 
2024 MBA Recruitment - Summer Associate

Job ID: 137231
Posted: 18-Sep-2023
Service line: REI Segment
Role type: Full-time

Areas of Interest:

Internship/Industry placement

Location(s):

Atlanta - Georgia - United States of America, Austin - Texas - United States of America, Boston -Massachusetts - United States of America, Chicago - Illinois - United States of America, Dallas -Texas - United States of America, Denver - Colorado - United States of America, Houston - Texas -United States of America, Los Angeles - California - United States of America, Newport Beach -California - United States of America, Orlando - Florida - United States of America, Philadelphia -Pennsylvania - United States of America, Phoenix - Arizona - United States of America, Portland -Oregon - United States of America, San Francisco - California - United States of America, Seattle -Washington - United States of America, Washington, D.C. - District of Columbia - United States of America

When you’re a part of Trammell Crow Company, a global commercial real estate development company, you’ll join a team that brings local ingenuity and global vision to everything we build. From Labs in Boston to Logistics in Prague to homes in Houston, we transform spaces into places, changing the way people and places connect.

With the spirit of entrepreneurship, innovation, and collaboration at our core, our people are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. This drives our mission for a diverse, equitable, and inclusive work environment so business and communities thrive.

Trammell Crow Company’s performance is fueled by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and a visible culture of excellence, we encourage talent with a diverse set of backgrounds and experiences across industries to apply for open positions.

About the role:

The summer associate's primary responsibility will be involved with all aspects of real estate development. Will have the opportunity to work on financial modeling/underwriting of prospective investments and developments, coordination of due diligence, lease analysis, dispositions and fund contributions. Summer associates may also respond to Request for Proposals, input and update project information in the ELITE system, communicate/prepare financials and approval packages for the Investment Committee, and direct research projects.

What you’ll do:

· Sourcing new acquisition opportunities and new investment sponsors by cultivating and maintaining relationships (e.g., brokers, capital partners, design consultants, legal professionals, and trade organizations).
· Preparing and analyzing financial documents, budgets, and leases for prospective and existing development projects through the creation of discounted cash flow models used for acquisitions and dispositions.
· Negotiating contracts including environmental review, structural proposals, tenant leases and credit, financing, survey and title review, operating expenses, and income reports.
· Managing closing statement preparation and physical asset valuations in the underwriting and due diligence process.
· Maintaining proficiency on submarkets by collecting, reviewing and verifying market information and supporting assumptions used in financial projections.
· Review rental rates, vacancy rates, historic absorption rates, cap rates, current and future competition, demographic statistics, leasing information and other local market data as vital.
· Participate in the preparation of investment documents by summarizing potential acquisitions and dispositions for Investment Committee approval and subsequent closing of deals.
· Reviewing, commenting, and tracking all external consultant due diligence reports.
· Coordinate with Property Management on requirements including operating expenses, real estate taxes, parking income and expenses, and other management issues that could affect development.
· Coordinating with Investment Sales / Capital Markets on the marketing and sale of stabilized projects.
· Collaborate with external clients, capital partners, investors, lenders and internal team, ensuring fast response time for all prospective developments and third-party sponsors.

What you’ll need:

· Currently pursuing an MBA or master's degree in real estate or similar.
· Bachelor’s degree in business, finance, real estate or equivalent.
· Excellent proficiency with Excel and other appropriate analytical software.
· Ability to define problems, work with mathematical concepts/data, establish facts and draw valid conclusions.
· Strong verbal/written communication and presentation skills.
· Consistent record of providing excellent internal and external customer service.

Trammell Crow Company carefully considers multiple factors to determine compensation. The minimum hourly rate for this position is $15/hour and the maximum hourly rate for this position is $60/hour. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.

CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at+1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.

Trammell Crow

When you’re a part of Trammell Crow Company, a global commercial real estate development company, you’re a part of a team that brings local ingenuity and global vision to everything we build. From Labs in Boston to Logistics in Prague to homes in Houston, we transform spaces into places, changing the way people and places connect.

With the spirit of entrepreneurship, innovation, and collaboration at our core, our people are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. This drives our mission for a diverse, equitable, and inclusive workplace so business and communities thrive.

Trammell Crow Company’s performance is fueled by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and a visible culture of excellence, we welcome talent with diverse backgrounds and experiences across industries to apply for open positions.