Position Available –

Summer Intern – Rialto Capital Management, LLC

Summary

Rialto Capital Management, LLC together with its affiliates, “Rialto”, is a leading commercial real estate investment management, asset management, and finance company. Rialto is focused on raising, investing and managing third-party capital, and investing its own capital in real estate related loans, properties and related securities. Since 2009, Rialto has raised over $7.9 billion in capital and manages investments for top-tier global partners including pension and sovereign wealth funds, insurance companies, endowments, high net worth individuals, family offices, and retain investors. Rialto is an active player in the Commercial Mortgage-Backed Securities industry and is currently the largest CMBS B-piece investor, controlling over $100 billion of commercial real estate loans. The Commercial Property Group (CPG) is responsible for acquisitions and asset management of all direct equity investments for Rialto, as well as sourcing and structuring investments for various Rialto sponsored investment vehicles. CPG manages over $1.5 billion in asset value.

Rialto offers a 10 week Summer Internship Program designed to immerse our Summer Interns in the daily activities of the Commercial Property Group.

Interns will assist with the underwriting and analysis of potential acquisitions, equity recapitalizations, joint-venture equity investments and select structured finance investments. Interns will work alongside analysts and associates throughout all stages of the investment process, from sourcing and underwriting to due-diligence and asset management.

Interns will have the opportunity to:

  • Build financial, valuation and sensitivity models for potential acquisitions of real estate assets and/or debt
  • Model property and loan cash flows utilizing Excel and Argus to determine NPV and IRR of potential investments
  • Perform research on various markets throughout the U.S. and communicate with brokers and partners in these markets
  • Maintain current ARGUS models for Western Region assets and assist team with quarterly reports
  • Draft and prepare investment briefs and presentations to senior management and Investment Committee

Basic Qualifications:

  • Current undergraduate Sophomore or Junior
  • Passion for real estate
  • Highly analytical and collaborative
  • Strong work ethic and organizational abilities
  • Proficiency in Excel
  • Excellent oral and written communication skills
  • Ability to relocate to Los Angeles, CA for the summer

Program Features:

  • 10 week program commencing June 2019
  • Located in Santa Monica, CA
  • Hands-on real estate experience within CPG

Working Conditions

While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening or weekend work may be necessary to meet deadlines.
This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties of the associates. Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information, or any other legally protected status.
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Job Snapshot

Employment Type:

Full Time

Location:

Santa Monica, CA

Job Type:

Student Programs and Internships

Experience:

Contact Human Resources

If you think you have what it takes to be a part of a fast-paced, high-performance team of entrepreneurs, and talented real estate investment and asset management experts, we want to hear from you.

For more information about career opportunities or to submit your resume, contact us at:

Core Competencies

Rialto Capital focuses on the following core competencies in both recruitment and Associate development.

  • Depth of Knowledge and Expertise
  • Judgment and Decision Making
  • Focused on Results and Adding Value
  • Reliability/Dependability
  • Teamwork/Collaborative Problem Solving
  • Thoroughness and Accountability
Our Total Rewards

Rialto Capital provides an attractive Total Rewards package for our Associates, which includes:

  • Competitive total cash compensation
  • Competitive benefit offerings
  • Paid time off and leave programs
Get to Know us –
About Rialto Capital

Rialto Capital has a growing team of approximately 200 dedicated, highly experienced Associates. 

Our Corporate Office is based in Miami, Florida and we have numerous offices throughout the country. Rialto Capital’s infrastructure is further supported by Stone Point Capital offices located across the United States and Europe.