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Acquisitions Intern - Summer 2018

Acquisitions Intern - Summer 2018

Team 
Internship Program
Location 
US-MI-Detroit

Position Details

Who We Are

Detroit-based Bedrock is a full-service real estate firm specializing in acquiring, leasing, financing, and managing commercial and residential space. Since its founding in 2011, Bedrock and its affiliates have invested more than $3.5 billion in developing more than 100 properties in downtown Detroit and Cleveland totaling more than 16 million square feet. Bedrock’s real estate portfolio consists of more than 330 office and retail tenants in Detroit’s technology-centric downtown. For more information, visit www.bedrockdetroit.com or engage with us on Twitter @BedrockDetroit and Facebook.

 

The Team

Acquisitions work begins by identifying a strategic opportunity which includes working with various building owners and brokers to find available properties in our target areas, determining if a property fits within our strategic vision and preparing an offer. Once the property is under contract they begin coordinating and performing due diligence, which includes working with various Bedrock teams and third party contractors to get a full understanding of the existing physical, legal, and financial conditions of the property. If satisfied with the financial outlook, Acquisitions then begins to secure the funds necessary to purchase the property and manages the closing process. Upon closing, they begin the process of transition a property to the Property Management Team to orchestrate a smooth takeover as well as tracking and executing any post-closing obligations associated with a given purchase.

What You'll Do/Need

Responsibilities 

  • Thorough note taking in meetings and calls
  • Create maps
  • Create property summaries
  • Perform site selection research
  • Prepare negotiation outlines and side by side comparisons

Requirements

  • Pursing a bachelor's degree in Business, Engineering, Psychology or Economics

Skills and Traits

  • Passionate about Detroit
  • High level of attention to detail
  • Excellent time management and ability to follow through on tasks

Cultural Competencies

  • Modest & Secure
  • Independently Driven
  • Intelligently Collaborative
  • Never Satisfied
  • Relentless Commitment to Service

What You'll Get

  • Opportunities to participate in professional development programs

 

Bedrock is an equal opportunity employer.

 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, and may be modified periodically.

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