We encourage all students with an interest in economics to participate in the programs of the Lowe Institute of Political Economy. Our programs include: Baker-Lowe Scholarship, faculty-student research projects, internships, a public lecture series at the Athenaeum and academic conferences.
Lowe Enterprises Summer Internship – Summer 2014
Application Deadline: 5:00 p.m. April 15, 2014
Location: LOWE ENTERPRISES, INC.
Los Angeles (Brentwood), California
Job Title: Summer Analyst
Reports to: Associate at Lowe Enterprises, Inc.
Status: Full-Time Summer Analyst
Duration: 8-10 weeks
Compensation: up to $10,000
Summary of Duties: Participate in all aspects of the real estate investment process including analysis of hotel, resort, and mixed use developments and acquisitions and corporate capital market activities, which could include commercial and multi-family opportunities as well as participation in workout, receivership and asset management assignments. Responsibilities include a combination of specific project related work and entity level corporate finance assignments.
Primary Duties and Responsibilities: Participate in all aspects of the analysis of real estate investment, development, capital markets and operations. The position will include an emphasis in hotel and resort development but will also include capital market work on commercial and multi-family assets and participation in workout assignments across multiple asset classes.
Perform complete financial analysis of prospective investment and development properties, as well as potential entity-level and platform investment opportunities, including preparation of financial cash flow models, sensitivity analyses and venture investment return analyses. In addition, assist properties complete development, operations and sales and marketing work as necessary.
Assist with completion of all necessary aspects of the due diligence process for any investment opportunities pursued by the development, acquisition or capital markets groups.
Assist in researching and documenting local, regional and national real estate market data relevant to specific investment opportunities.
Work with project team to research and analyze potential development, redevelopment and/or new business opportunities, and assist in preparation of materials for capital raising initiatives.
Assist in the preparation of investment collateral material, including investment summaries, private placement memoranda, business plans and presentations.
- Superior quantitative and analytical skills.
- Comprehension of real estate fundamentals.
- Grasp of economic principles and market dynamics.
- Excellent communication skills – written, oral and interpersonal.
- Ability to prioritize duties, process multiple projects, work collaboratively, and meet deadlines.
- Computer proficiency - Microsoft Excel, Word, and PowerPoint.
- Economics, accounting and finance coursework at a top 4-year institution required.
- Previous work experience in asset management, investment banking, strategic consulting or real estate is preferred.
An award of up to $10,000 is available to assist with travel and living expenses associated with the 8-10 week internship. The award is based on the academic record of the applicant, relevant extracurricular activities, recommendation, and merit of the internship proposal. Finalists will be invited to interview with the selection committee. A 7-10 page paper summarizing your internship will be due the first week of school. Please download an application from our website and submit all relevant application materials to Kelly Spetnagel at the Lowe Institute, Bauer 322.
Lowe Institute of Political Economy
Research Analyst - Summer 2014
Application Deadline: Monday, April 14, 2014 at 5:00 p.m.
The Lowe Institute of Political Economy is seeking student research analysts for summer 2014. The students will work closely with faculty members at CMC. Specific responsibilities include preparing and analyzing databases, programming, web site management, and administrative work for the Institute. In addition, students will be involved with faculty on a variety of empirically-based research projects.
Students are expected to work up to 40 hours per week for 6 to 10 weeks, depending on the project. The rate of pay is $12.50 per hour. The Lowe Institute will provide a housing stipend at the CMC student apartments as allowable by IRS guidelines.
Applicants should complete and submit the application with a 1) cover letter, 2) resume, 3) one page, analytical, writing sample and 4) an unofficial transcript to the Program Coordinator, Kelly Lockhart Spetnagel in Bauer 322.