Intern, Construction Lending

About the role

Invitation Homes is a fast-paced, publicly traded REIT that is pioneering a new industry with over 110,000 single-family rental homes owned and managed and a market capitalization of over $20 billion. As the nation’s premier home leasing company, we are looking for students serious about kickstarting their career alongside our passionate and collaborative associates. We are looking for dynamic students to join our 2027 summer internship program. The 10-week paid summer internship is the first step in building a career as an Investment Management Group (IMG) associate. Our interns deliver innovative solutions to real business challenges and build enduring relationships with their manager and assigned mentor. This is an opportunity for personal and professional development, community outreach, and other meaningful intern‑specific events. The BTR Construction Lending Intern role is a unique opportunity to learn the construction loan origination, underwriting, and portfolio management process firsthand. The Construction Lending Intern will assist in all facets of the lending lifecycle including underwriting BTR loan opportunities, managing construction draws, monitoring active projects, and preparing loan committee materials.

Responsibilities

• Support the underwriting of BTR construction and bridge loans, including analysis of borrower financials, project budgets, market feasibility, and collateral assessments
• Collaborate with analysts and associates to prepare loan packages and credit memos presented to the Loan Committee
• Learn to model construction loan cash flows, interest reserves, draw schedules, and return projections to evaluate loan viability and risk
• Assist in processing and reviewing construction draw requests, tracking project progress against budget and schedule milestones
• Perform analysis on BTR market trends, absorption rates, and comparable rental data to support loan underwriting and due diligence
• Complete ad‑hoc projects assigned by the manager and mentor
• Suggest improvements to existing processes and tools

Requirements

We are seeking a motivated individual who is ready to apply business practices and processes in a fast‑paced, real‑world environment.

Qualifications

Rising senior or grad student pursuing a bachelor’s or master’s degree from an accredited university in Finance, Real Estate, Business, Economics, Statistics, Mathematics, Computer Science, or other related fields with an expected graduation date between December 2028 and May 2028.

Skills

Proficiency in the MS Office Suite, particularly Excel; experience with technical skills such as Excel, AI, Python, Tableau, or SQL (preferred but not required); strong analytical mindset, eagerness to learn technical tools, excellent communication and organizational skills, and the ability to adapt, problem‑solve, and collaborate effectively.

Benefits

• Competitive pay and annual bonus program for all associates
• Generous PTO including vacation accrual, sick time, volunteer time, and standard and floating holidays
• 401(k) with company matching contributions
• Casual dress code and a genuinely great work environment
• Team events, celebrations, and a culture that values connection
• Employee Resource Groups: Together with Women, Asian Alliance, Black Collective, Juntos, Gen Next, and Open Invitation
• Career growth paths and learning opportunities — we promote from within

Pay

Salary Range $17.90 - $31.03