Intern - LMF

Reposted 2 Days Ago
Be an Early Applicant
Los Angeles, CA
In-Office
1-100K
Internship
Real Estate
The Role
Interns will assist with underwriting and due diligence for loans, financial modeling, market research, and ad hoc projects within real estate finance.
Summary Generated by Built In

Join a Company that Empowers you to Build your Future

Lennar is the largest homebuilder in the United States and is the parent company to LMF Commercial (“LMF”). Having several platforms, LMF Commercial (“LMF”) is responsible for originating commercial real estate loans ranging in size from $2-100 million. LMF securitizes these loans, selling bonds to investors. In 2016 and 2017 LMF ranked as the first in volume as non-lead bank underwriter loan contributors. Over 90% of LMF’s funded loans had initial loan balances under $50 million and approximately 80% of LMF’s funded loans are secured by assets located in non-top 10 MSAs.

Interns will be exposed to underwriting commercial real estate as well as the securitization process. Interns will see the securitization process from origination through completion when bonds are sold to investors. LMF Commercial (LMF) is a growing company, and is an excellent opportunity for aspiring professionals to become exposed to Real Estate finance.

 

 Your Responsibilities on the Team 

• Assist in underwriting and performing due diligence of potential and new application returned loans

• Financial modeling and data analysis

• Perform research on various markets throughout the U.S. and communicating with brokers, in these markets

• Ad hoc projects as needed

Requirements

• Bachelor's or Master’s degree in real estate, accounting, economics, finance, or other related field preferred

• Advanced proficiency with Excel and other Microsoft Office applications

• Excellent analytical and organizational skills along with the ability to multi-task

• Highly-developed verbal and written communication skills

• Ability to work independently and as part of a team

• Proactive thinking with detail-oriented and creative problem solving approach

• Highly motivated and proven track-record of high achievement

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

  • This information is intended to be a general overview and may be modified by the company due to factors affecting the business.


General Overview of Compensation & Benefits:

We reasonably expect the base compensation offered for this position to range from an hourly rate of $22.00 - $22, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.
  • This position may be eligible for bonuses.
  • This position may be eligible for commissions.
  • This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
  • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

Join the fun and follow us on social media to see what's happening at our company, and don't forget to connect with us on Lennar: Overview | LinkedIn<https://www.linkedin.com/company/lennar/> for the latest job opportunities.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

Top Skills

Excel
MS Office
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The Company
HQ: Miami, FL
7,208 Employees
Year Founded: 1954

What We Do

Lennar is a home building company providing new home construction and buying services in various states in the United States.

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