2024 Summer Internship
2024 Internship - Northmarq
At Northmarq, something special awaits you. We're a unique capital markets resource for commercial real estate investors, connecting clients to experts in debt, equity, investment sales, loan servicing, and fund management. Our inclusive teams prioritize collaboration, mentoring, and growth, offering a career path with personalized training. Unlock your potential with us and start your new career journey today. Northmarq was recognized by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
Northmarq’s Internship Program is tailor-made for current college students, undergraduate or graduate, aspiring to enter the commercial real estate field. Gain meaningful experience, learn from senior leaders, receive personalized training, and explore future career possibilities. Northmarq takes pride in offering interns a clear path to success across various business areas.
When completing an application, please make sure to indicate which department(s) and location(s) you are interested in. If you have any questions, please contact our Careers inbox at firstname.lastname@example.org.
Investment Sales Internships:
Internship Experience: If you thrive in a fast-paced, client-focused team setting and are eager to master the analysis of both physical (through property tours) and financial aspects of commercial real estate to create strategic solutions, along with having creative thinking, critical analysis skills, and self-motivation, we encourage you to apply!
What Does Our Investment Sales Team Do?: Our Investment Sales platform offer commercial real estate investors a personalized approach to buying and selling properties and partner with our debt & equity experts nationwide to provide a full range of capital markets services. Whether the transaction involves a neighborhood clinic, a vibrant apartment complex, or a commercial real estate asset, you will gain exposure to it all. Our brokerage service covers all major property types including retail, build-to-rent, healthcare, industrial, multifamily, and more.
Production Debt/Equity Internships:
Internship Experience: Are you passionate about commercial real estate, teamwork, creative problem-solving, and eager to acquire expertise in pro forma analysis for various property types and valuations, as well as gain insights into the real estate market and economic data to create investment narratives for debt and equity evaluations? If so, we encourage you to apply!
What Does Our Production Debt & Equity Team Do?: Our debt & equity platform helps clients to capitalize on real estate opportunities through our unmatched network of commercial real estate lender partners. When a client needs financing for a commercial property, our production advisors can put the best commercial mortgage options on the table. Sometimes the best financing option for a commercial property involves finding equity partners. We have an expansive network of investor relationships and market knowledge to structure the right capital stack for our client’s commercial real estate investment. Our debt & equity teams cover all major property types including retail, build-to-rent, healthcare, industrial, multifamily, and more.
Northmarq Capital Finance (Fannie/FHA Platform) Internships:
Interested in exploring Commercial Real Estate Finance from Origination to Asset Management but unsure where to start your career? We then encourage you to consider and apply for our 8-week Summer Rotational Internship.
Summer Rotational Internship Experience: During this 8-week rotational program, you'll work alongside our team of experts learning how to screen new transactions to compete for business against other capital sources, gain insights into the full due diligence process, and credit decisions for risk assessment in underwriting, delve into funding and closing procedures, and finally, learn how to effectively monitor and manage ongoing real estate portfolio risks, engage with client requests, and communicate with key stakeholders throughout the loan's lifespan.
What Does Our Northmarq Capital Finance (Fannie/FHA Platform) Team Do?: Northmarq's experienced in-house team provides innovative programs, connecting clients with tailored solutions. This team specializes in Fannie Mae commercial real estate debt financing, ensuring timely closings and lifelong servicing. Additionally, this team specializes in CRE HUD/FHA loans for both affordable and market-rate properties, guiding first-time FHA borrowers through the closing process and expediting it for experienced HUD financing clients. Northmarq's team remains our client’s partner throughout the loan's life, serving as a licensed HUD lender and dedicated servicer, regardless of loan size.
Loan Servicing Internships:
Once a commercial loan is originated, our Loan Servicing team acts as a united front to assist our clients in achieving their various business objectives. Collaborating closely with our producers, we serve as the intermediary between capital providers and the borrower. We utilize our extensive knowledge to provide guidance to our clients in risk mitigation, financial property performance, maintaining relationships, ensuring loan compliance, and overall property surveillance.
Portfolio & Asset Management (available only in Dallas, Denver, Minneapolis)
Internship Experience: If you possess a strong inclination towards analysis and attention to detail, possess an adaptable and inquisitive approach to situations, and have a keen interest in financial statement analysis, property surveillance, and delivering exceptional customer service, we kindly urge you to consider applying!
Our Portfolio & Asset Management team is responsible for assessing and minimizing risk exposure by monitoring the physical and financial conditions of the properties. Through conducting in-depth risk analysis, our team diligently identifies property performance issues and actively works towards mitigating any potential risks. From origination to maturity, our team of asset management experts underwrites various transactions including leases, loan modifications, transfers of ownership, and assumptions, all in accordance with lender requirements. We are dedicated to delivering exceptional customer service to lenders, borrowers, and regional offices. By utilizing our vast knowledge in real estate asset management, we strive to make well-informed decisions that align with our client’s business objectives.
Insurance (available only in Minneapolis)
Internship Experience: If you are highly analytical, and detail-oriented, approach situations with an adaptive and curious mindset, have strong communication skills, and are eager to find solutions, along with an interest in commercial insurance compliance, risk mitigation, and customer service, we encourage you to apply!
Our Commercial Insurance team is responsible for monitoring, maintaining, and analyzing insurance to protect our clients’ assets. We minimize risk exposure for our borrowers and lenders by evaluating insurance policies according to the lender and company guidelines to ensure the loan collateral is adequately protected. Our team of experts analyze insurance deficiencies to identify uninsured financial exposure and work to mitigate potential risk by providing actionable recommendations to our clients. Through daily interactions, we work closely with our lenders, borrowers, and production team who rely on our extensive insurance expertise to make sound decisions.
Loan Operations (available only in Minneapolis)
Internship Experience: If you are highly detailed with strong problem-solving and communication skills, have an adaptive and curious mindset, along with an interest in property inspection review, customer service, and gaining a great foundational knowledge of commercial real estate, we encourage you to apply!
Our Loan Operations team is responsible for lender and loan onboarding, servicing compliance, administrative support, the monitoring and payment of taxes, the monitoring and follow–up of property conditions, cash processing, and lender remittances and reporting. Our teams work hand in hand with all aspects of servicing and production to ensure borrower and lender interests are met and supported. Knowledge of Loan Operations is a great foundation for any career within the Commercial Real Estate space.
Corporate Services (Human Resources, Information Technology, Finance, Marketing):
We have corporate departments that play a crucial role in facilitating the growth, talent, and innovation at Northmarq. Internships vary based on the business needs. The departments under the corporate services include Human Resources, Information Technology, Finance/Accounting, and Marketing/Communications.
You will learn how to promote and maintain positive employee relations and various insights into HR such as employee relations, talent acquisition, operations, DEI (diversity, equity, inclusion) work, organizational design, and talent management.
You will utilize digital innovation and creative problem-solving to address vital business challenges using technology, strengthen your technical skills, integrate business insights, and expand your industry-specific knowledge. You will also specialize in areas like cybersecurity, cloud architecture, and infrastructure development.
Finance & Accounting
You will learn general ledger, tax accounting, internal controls, data reporting, decision support analytics, cost-benefit analysis, budgeting, forecasting, financial metrics for project and balance sheet management, and improve your Microsoft Office skills, particularly Excel, with hands-on projects.
Marketing & Communications
You will execute digital marketing, social media, public relations, and copywriting while working with a fast-growing, innovative department. You will also manage photo/media coverage libraries, support email marketing campaigns, and write internal and external communications.