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2023 Summer Analyst, Real Estate Equity (Atlanta)

ARES SUMMER ANALYST PROGRAM
 
REAL ESTATE:
As a Summer Analyst, you will learn about our specializations, build valuable skillsets, and cultivate exceptional relationships.

ARES OVERVIEW:
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2021, Ares Management Corporation's global platform had approximately $306 billion of assets under management, with approximately 2,100 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

Ares believes each of its investment groups is a market leader based on assets under management and investment performance. Our three distinct but complementary investment groups have the ability to invest across a company’s capital structure—from senior debt to common equity. The Firm was built upon the fundamental principle that each group benefits from being part of the broader platform. We believe the synergies from this multi-asset strategy provide our professionals with insights into industry trends, access to significant deal flow, and the ability to assess relative value.
Since our inception in 1997, we have adhered to a disciplined investment philosophy that focuses on delivering compelling risk- adjusted investment returns throughout market cycles. We strive to maintain a consistent credit-based approach in targeting well- structured investments in high quality businesses and real estate assets. We believe our growth in becoming one of the largest alternative asset managers is a testament to our experienced management team, focus on performance and high-quality investor base, which includes large pension funds, university endowments, sovereign wealth funds, banks, and insurance companies.

About Ares Real Estate
Ares Management Corporation's ("Ares") Real Estate Group manages comprehensive public and private equity and debt strategies, with approximately $37 billion of assets under management ("AUM") as of December 31, 2020. With its experienced team, along with its expansive network of relationships, our Real Estate Group capitalizes on opportunities across both real estate equity and debt investing. Our Real Estate Group's equity investments focus on implementing value creation initiatives to mismanaged and capital starved assets, as well as creating value through new development, ultimately selling stabilized assets back into the market.

Our debt strategies leverage our Real Estate Group's diverse sources of capital to directly originate and manage commercial mortgage investments, providing flexible capital solutions across a potential borrower’s capital structure. Our Real Estate Group provides investors access to its capabilities through several vehicles: a publicly traded commercial mortgage real estate investment trust ("REIT"), Ares Commercial Real Estate Corporation (NYSE:ACRE), U.S. and European real estate private equity and private debt commingled funds and real estate equity and debt separately managed accounts. Our Real Estate Group's activities are managed by dedicated equity and debt teams in the U.S. and Europe. Investments include mortgages, mezzanine debt, preferred equity, joint- venture equity partnerships, platform investments, and direct real estate ownership.

THE REAL ESTATE SUMMER ANALYST EXPERIENCE:
Our internship experience seeks to enrich your knowledge of our businesses and the industry at large. You will be challenged to explore, grow, collaborate, and further develop the skills necessary to succeed and make your way. Successful candidates will have the opportunity to spend the program duration of 10 weeks in either the Real Estate Debt or Real Estate Equity division.

REAL ESTATE SUMMER ANALYST ROLE & RESPONSIBILITIES:
The Summer Analyst role and responsibilities will vary across disciplines but will generally entail working with teams of investment professionals in the sourcing, evaluation, and execution of investments across multiple industries and platforms.

Responsibilities Include:
  • Executing the due diligence process
  • Collaborating with other members of the deal teams regarding structuring and completing acquisition and investment underwriting of real estate investments across diverse industries
  • Designing, building and updating integrated financial models using a combination of Argus and Excel
  • Executing refinancing and disposition transactions
  • Preparing rent and sales comparables for potential investments
  • Developing and providing investment recommendations and preparing investment committee memos
  • Conducting market research for investment opportunities in the pipeline, including property visits and site tours
  • Asset management responsibilities such as property visits, rent roll analysis, and interfacing with various external partners
  • Fund-level management and reporting

WHO WE ARE LOOKING FOR:
We are looking for self-motivated, astute individuals with a passion for and interest in investments, as well as a record of excellence in prior vocations. In addition to strong analytical skills and comfort in a fast-paced team environment, successful candidates should have:

  • A passion for contributing to and operating within a collaborative corporate culture
  • Superior oral and written communication skills
  • Microsoft Excel skills
  • Exceptional attention to detail and proven ability to multi-task
  • Initiative and a strong entrepreneurial mindset
  • Independent thinkers with the ability to research solutions and be a problem solver

Additionally:
  • Are currently enrolled as an undergraduate student, ideally majoring in Finance or Economics
  • Have an anticipated graduation date between December 2023 and August 2024
  • Have a track record of academic excellence and participation in campus activities

Location: Atlanta, GA
Duration: 10 weeks
Compensation: Paid Internship - the total base salary (subject to change) is expected to be $110,000 (prorated).
Accommodations: Relocation stipend and round-trip airfare to/from Internship location