Real Estate Intern

At Extra Space Storage, what matters to you, matters to us! Join a company that cares about you.It is an exciting time to be at Extra Space. We have been featured on multiple "Best Places to Work" awards, including Forbes and Glassdoor. We’re an S&P 500 company that hasn’t stopped growing since our founding in 1977. Today we are leading the self-storage industry in more ways than one, but in order to maintain this lead, we need exceptionally motivated, capable, and driven people like you. Self-storage is our product, helping people is our passion. Come grow with the largest self-storage company in the world and find out why so many of our employees recommend us as a great place to work.Our Real Estate Intern gathers and analyzes information needed for possible investments and real estate acquisitions. They will assist in delivering preliminary reviews and interpretations of potential acquisitions and formulate the findings into reporting protocols used by the company. They’ll be able to work on a variety of different projects within our real estate department.Primary Responsibilities

Reviews financial statements and prepares preliminary valuation of real estate assets

Assists in the evaluation of investment returns based on cap rates, discounted cash flows, use of leverage and Illustrate trends and possible risks of potential opportunities

Develops underwriting and modeling for potential market strategic opportunities

Reviews financial and operational due diligence materials for acquisitions

Aids with the development of Operations’ department budgets for properties under contract and reconciles with original underwriting

Assists with a variety of ad-hoc projects

Job Specifications

Interprets general business periodicals, professional journals, technical procedures, or governmental regulations

Effectively presents information

Responds to questions from groups of managers, clients, and customers

Calculates figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Applies concepts such as fractions, percentages, ratios, and proportions to practical solutions

Proficient with Microsoft Excel, Word, and related software packages

Defines problems, collects data, establish facts, and draw conclusions

Solves practical problems and deals with a variety of concrete variables in situations where only limited standardization exists

Education and Experience

Attained or currently pursuing a bachelor’s degree in real estate, finance, or a closely related field

If you are a current Extra Space employee, please apply through the "Find Internal Career Openings" in Workday.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.Extra Space Storage is the second largest operator of self-storage facilities in the U.S. Since we were founded in 1977, we’ve taken the storage industry by storm. In 2015 alone we added 1.6 Billion dollars in new acquisitions to our already large property portfolio.The cornerstone of Extra Space Storage is successful partnerships with our stakeholders, partners, investors and customers. Our goals are driven by an impassioned, dedicated workforce that thrives in the innovation driven corporate environment. We are the best, at getting better!Our Team Makes Us EXTRAordinaryKnowledge is power and experience is valuable. This is why we strive to attract the best candidates for every position at Extra Space Storage. Every position is valuable to our success from our executive management team, corporate employees, on-site managers and call center team.Offering a Career Path Paved with Innovation and SatisfactionAttracting the best candidates in any field requires a commitment to job satisfaction. At Extra Space Storage, job satisfaction is high, this is why we have one of the best retention rates in the business. We know that our success depends on our team loving their jobs!An Extra Space employee is number one valued and knows they are invaluable to the team, customer and company. Second they are passionate enjoying a challenging and rewarding career path armed with the tools they need to succeed. Add a fun work culture and spectacular offices makes Extra Space a pretty amazing place to work.