Investments Intern (Summer 2025)

Investments Intern

Location: Minneapolis, MN - Hybrid 

This position will be eligible for Sick and Safe paid leave, as well as paid volunteer time.

About Centerspace

Centerspace was founded in Minot, North Dakota, in 1970.  You can find our corporate support offices located in Minneapolis, Minnesota and in Minot, North Dakota, along with onsite operations in six states.  From Denver, CO to Minneapolis, MN, our company continues to grow throughout the Midwest, proudly providing apartment homes to thousands of residents, extending our vision to be the premier provider of apartment homes in vibrant communities by focusing on integrity and serving others. Centerspace is built around our employees.  Our Mission and Vision unites our employees as one team.

Summary

Intern will learn the functions of Centerspace’s Investments, Capital Markets, and Investor Relations departments, from daily operations to overall strategy and implementation of procedures.

Expectations

Follows already established procedures.  Generally given substantial guidance but expected to be self-directed once trained.  Interns are expected to demonstrate excellent ability in quantitative analysis, with a premium placed on real estate financial modeling, and advanced skills in standard computer software programs, including Microsoft Excel, Word, PowerPoint, and Project.  Interns are expected to have strong organizational, analytical, and verbal and written communication skills. 

Essential Duties & Responsibilities include the following.  Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions. 

Investments staff will guide the intern in the following areas:

• Analyzing potential acquisition and development opportunities;
• Contacting real estate industry participants to obtain market information;
• Conducting market research and due diligence for potential investments;
• Developing financial models and investment valuation support;
• Assisting in the preparation of acquisition memos, financial reports, and presentations for senior management;
• Participating in investment meetings
• Evaluating third-party due diligence reports
• Analyzing corporate financial impacts of potential investment decisions
• Conduct comparative analysis for peer firms, and market research on macroeconomic trends in the real estate and finance industries, for inclusion in investor decks and marketing collateral

Knowledge, Skills, & Abilities

• Language Skills – Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedural manuals. Ability to write routine reports and correspondence.  Ability to speak effectively before groups of customers or employees of the organization.
• Mathematical Skills – Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent, and to draw and interpret bar graphs.  Experience with financial modeling is strongly preferred. 
• Reasoning Ability – Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• Computer Skills – To perform the job successfully, an individual should have advanced knowledge of Microsoft products including Excel, Word, PowerPoint, and Outlook.  

6 Keys

Centerspace expects team members to adhere to our 6 Keys, which outline the expectations in place for all team members regarding the attitudes and behaviors displayed while doing the work assigned in any position.

• Do the Right Thing: Integrity, ethics, and accountability guide all of our decisions, with a laser focus on delivering results.
• One Team: We have one mission, one vision, one family, one team. Collaborate.   Communicate.
• Serve Others: Respect everyone.  Build trust.    Deliver outstanding customer service.  Develop our communities.
• Dare to Win: Be courageous.  Seek continuous improvement.  Be bold.  Speak up.  Exceed expectations.
• Embrace Change: Be flexible.  Innovate the future.    Encourage and reward creativity.
• Take Action: Lead the market.  Be proactive.  Execute on the strategy.  Capitalize on opportunity.