CAPITAL CO-OP
Why Al. Neyer?
Al. Neyer is our company and we have stood the test of time! With deep roots and continued growth in Cincinnati, Ohio we are future forward and growing in our very successful expanded markets of Pittsburgh, Nashville, and Raleigh. Our company’s growth is fueled by a strong commitment to our core values and the constant cultivation of a best-in-class team.
We put a high premium on the kind of people who dig the details and have the skills to orchestrate them to perfection in a high-energy environment. We have longevity, a stellar reputation as a great partner to the communities in which we operate, and a detailed vision for our collective futures. All of this is built upon trust, strong relationships, and a drive to win.
Building pride in the community is at the heart of what we do. Not only do we help revitalize urban neighborhoods and support suburban communities embracing a future-forward perspective, our Employee-owners commit their talent, time, and treasure to many local causes. Across each of our markets, our employee-owners are actively engaged in community-based and non-profit organizations. Taking ownership by giving back is a part of what Al. Neyer is and always will be.
Here at Al. Neyer, we pride ourselves on a culture that inspires, challenges, supports and rewards our employee-owners. Our passion is contagious, our sleeves are always rolled up and our doors are always open to new inventive, collaborative team members.
Summary Of Responsibilities
As a Capital co-op, you will be responsible for providing support in all areas of capital including debt, equity/investor relations, underwriting, and asset management. You’ll participate in a variety of functions within capital that support the real estate development side of our business. Some of these functions include financial analysis & modeling, investor management, loan administration, and database maintenance.
As a co-op at Al. Neyer, you’ll apply what you’ve learned in the classroom through your teachings and coursework and apply it directly in a work environment. By the end of semester, with the hands-on experience you’ve acquired, you’ll be able to take those new learnings and harness them back into the classroom. Co-ops work directly along with the business units to help deliver and execute work results that our organization, clients, investors and fellow colleagues can be proud of.
Essential Job Functions:
- Provides support to asset manager in maintaining lease information in the asset management database.
- Assists with loan closings, loan abstracts, and other loan document related support including updating loan schedules and loan tracking reports.
- Helps maintain organization of files, databases and project information.
- Reviews tenant leases for correct calculations of tenant charges, rents & CPI’s.
- Supports budgeting and reforecasting efforts for operating projects.
- Assist with coordinating and organizing documents needed for monthly construction loan draw request packages. Maintains and updates database of our investors.
- Support the debt and investor relations team with preparing requests for proposals and offering memorandums needed for raising debt and equity for real estate developments.
- Assist with transferring and entering inputs into ground-up development proforma models
- Aggregate lease and sale comps from CoStar, appraisals, and broker reports and enter into internal comp database
- Assist with various ad hoc projects, including investor presentations, lender presentations, questionnaires, etc.
Position Requirements
- Pursuing a Bachelor’s Degree in Finance or similar area of business from an accredited College or University.
- Experience with the Microsoft Office Suite (Outlook, Excel, Word, PowerPoint).
What traits are we looking for in our Co-ops? Students who are:
- Eager to apply knowledge and teachings learned in the classroom and employ it to a working environment
- Able to maintain ownership on various tasks and responsibilities
- Enthusiastic to dig the details
- Capable of cultivating positive working relationships through trust and integrity
- Able to uphold and provide superior service to both teammates and customers
- Resilient work ethic, but with an ability to stop and celebrate the wins
- Effective communicators and listeners
- Capable of prioritizing tasks and responsibilities to successfully deliver results in a timely manner
- Able to operate and flourish in a fast-paced environment
Safety Hazard of the Job
Normal safety hazards associated with office work, and with occasional observational visits to construction sites.
Physical Demands
The moderate physical effort required to sit, bend, stoop, lift, walk and climb. Maximum unassisted lift is 70 lbs. Average lift is less than 10 lbs. Requires ability to use a keyboard and monitor. Also requires the ability to communicate verbally, both in person and on the telephone. May require some travel by car/truck.
Environmental Requirements
Moderate to extreme outdoor conditions. Above average noise levels. Protective equipment is required. Average inside office environment. Average office noise levels. No personal protective equipment is required. Ambient temperature is between 68F and 76F.
This job description is not intended to be all inclusive. The employee will also perform other reasonably related business duties as assigned by their immediate supervisor and other management as required. This job description is not a contract or offer for employment, and either you or Al. Neyer may terminate employment at any time, for any reason.
