Summer ’27 Intern - Asset Management

About the role

Welltower’s Asset Management internship is a paid, full‑time summer program for students pursuing a degree in real estate, finance, accounting, economics, or a related field. Interns support the Asset Management team in overseeing a portfolio of senior housing properties, assisting with operator and tenant performance analysis, property‑level financial modeling, market research, and portfolio reporting. The role provides exposure across the asset lifecycle—from underwriting and business‑plan execution through stabilization and disposition—and culminates in a capstone project presented to Asset Management leadership.

Key Responsibilities

• Assist in building and maintaining property‑ and portfolio‑level financial models, including operating projections, sensitivities, debt schedules, joint‑venture waterfalls, and return analyses.
• Support the monthly and quarterly review of operator and tenant financial performance, analyzing occupancy, rate, labor, expense trends, and coverage ratios, and help identify variances to budget and original underwriting.
• Conduct market and competitive research on submarkets, supply pipelines, demographics, and comparable transactions to support asset business plans.
• Help prepare asset business plans, hold/sell analyses, and portfolio review materials for senior management.
• Assist with abstracting and summarizing leases, management agreements, and loan documents.
• Support tracking of capital activity, including capital‑expenditure budgets, funding requests, and draw reviews.
• Compile data and prepare exhibits, charts, and presentation materials for internal and investor reporting.
• Participate in property tours, operator calls, and internal investment discussions to build an understanding of the senior housing sector.
• Maintain asset‑management databases and reporting tools, identifying opportunities to make recurring processes more efficient.
• Complete a summer capstone project and present findings and recommendations to Asset Management leadership.
• Perform ad‑hoc analysis and other duties as required.

Requirements

• Experience: No prior full‑time experience required. Prior internship, coursework, case competition, or club experience involving financial modeling, real estate, or investment analysis is preferred.
• Education: Currently enrolled in an accredited undergraduate or graduate degree program in real estate, finance, accounting, economics, or a related field, with an expected graduation date within twelve months of the internship end date. Rising seniors preferred.
• Eligibility: Must be legally authorized to work in the United States for the full duration of the internship; this position is not eligible for immigration sponsorship.
• Additional qualifications: Exposure to ARGUS Enterprise or comparable real‑estate valuation software is a plus (not required). Employment is contingent upon successful completion of a background check, drug screening, and verification of credentials.

Competencies

• Strong analytical and quantitative skills with meticulous attention to detail.
• Proficiency in Microsoft Excel, Word, and PowerPoint, including the ability to organize and summarize large data sets clearly.
• Clear written and verbal communication skills; ability to present information to experienced professionals.
• Intellectual curiosity and demonstrated interest in real estate, health care, or the senior housing sector.
• Ability to manage competing priorities and deadlines in a fast‑paced environment, and to seek direction when needed.
• Strong team player who acts with honesty, integrity, and maintains confidentiality.
• Positive and professional attitude.

Travel

Limited travel may be required for property tours or team events. Any required travel will be arranged and paid for by the company.

About Welltower

Welltower® Inc. (NYSE: WELL), an S&P 500 company, is the world’s preeminent residential wellness and health‑care infrastructure company. Its portfolio of 2,500+ seniors and wellness housing communities spans the United States, United Kingdom, and Canada, positioned at the intersection of housing, health‑care, and hospitality. Welltower views itself as a product company in a real‑estate wrapper, driven by relationships and an unconventional culture. Through disciplined capital allocation, a data‑science platform, and the Welltower Business System, the company aims to deliver long‑term, compounding per‑share growth and returns for investors.