Your career with Magnolia Capital
Here at Magnolia Capital, we are always looking to add talented people to our growing team. We offer a collaborative, entrepreneurial environment with an established and profitable company. If you are a motivated, hardworking individual with a passion to learn, we would like to hear from you.
Benefits
Comprehensive medical, dental and vision insurance for employees and family.
Health Savings Account and Flexible Savings Account options.
401(k) with Employer Match.
Short term and long term disability coverage.
Life Insurance.
Wellness
Access to a newly renovated on-site gym, locker rooms and fitness classes.
Periodic catered healthy breakfasts, lunches and snacks.
Office Location
Location convenient to public transportation.
Walking distance from Union Station & Ogilvie Station.
Numerous restaurants, coffee shops and bars in walking distance from the office.
Food & Drink
Unlimited coffee, tea and sparkling water.
Unlimited healthy snacks available.
On-site full service café and cafeteria.
Group Volunteer Days
Allotted time each quarter for individual volunteer activities.
Career Advancement
Merit-based promotional opportunities.
Performance bonuses and incentives.
On the job training for recent graduates.
Current Positions
The Asset Management Intern will be responsible for providing analytical and asset management support on a portfolio of Multifamily properties. We are looking for someone with a strong financial, math background (not necessarily real estate) to build out models and tools for asset management, as well as assist with asset management duties as we grow.
This position is based in Chicago and will report to the Asset Manager.Essential Duties:
- Provide analytical and asset management support on a portfolio of Multifamily properties
- Assist in the development and analysis of annual operating budgets and business plans
- Assist in the development of investor reporting, and investor relations protocols
- Review weekly and monthly reporting packages and evaluate variances and trends in operating income and expenses
- Assist with preparing internal reports including hold/sell analysis and quarterly reporting
- Assist in the maintenance of lease data collection systems
- Assist in property dispositions, including analysis of purchase offers, interaction with sales brokers and preparation of internal investment committee brief
- Assist in due diligence of potential acquisitions including expense analysis, lease review and underwriting assumptions and modeling review
- Assist in additional assignments as needed for other areas within Magnolia Capital
Who We Are Looking For:
- Bachelor’s Degree in Business or Real Estate preferred
- Strong analytical skills
- Collaborative/Team Player
- Strong organizational skills
- Solving problems and quantifying results
- Creativity - researching, testing and implementing new concepts and technologies
- Working in a fast-paced environment with changing deadlines
- Strong oral and written communication skills
- Excels in an environment with constant change. Adapts, performs and invites additional job responsibilities as the company develops
- Self-starter who is motivated to succeed, has high energy, and a strong analytical thinking mindset
- Proficiency in Excel/Microsoft Office Suite
- Candidate must have proven track record of providing high quality support and completing tasks
Apply for this role
The Investment Intern will be responsible for assisting the Acquisitions team in underwriting and evaluating investment opportunities. The role requires strong excel skills, attention to detail, knowledge of real estate investment fundamentals, enthusiasm for learning about the assets and locations we invest in, and a passion for building relationships.
This position is based in Chicago.
Essential Duties:- Work with the investments team to help identify potential new investments
- Support the acquisition and due diligence efforts through market research and analysis of industry trends, financial modeling, and valuation
- Maintain the firm’s active deal pipeline
- Prepare presentation materials for the firm and its investors
- Assist with other responsibilities as needed
- Bachelor’s Degree in Business or Real Estate preferred
- Strong analytical skills
- Collaborative/Team Player
- Strong organizational skills
- Solving problems and quantifying results
- Creativity - researching, testing and implementing new concepts and technologies
- Working in a fast-paced environment with changing deadlines
- Strong oral and written communication skills
- Excels in an environment with constant change. Adapts, performs and invites additional job responsibilities as the company develops
- Self-starter who is motivated to succeed, has high energy, and a strong analytical thinking mindset
- Proficiency in Excel/Microsoft Office Suite
- Candidate must have proven track record of providing high quality support and completing tasks
Apply for this role