Liberal Arts Career Services
Liberal Arts Career Services

The Howard Hughes Corporation, 2016 Summer Internship, Application Deadline, BTT Gateway Job ID 11536

Sun, May 1, 2016

Explore your BTT Gateway account, to learn more about this position, Job ID 11536.

The HHC internship program is comprised of various projects within the 5 core areas of the business including: 
• Capital Markets 
• Asset Management/Operations 
• Development 
• Design and Construction Management 
• Leasing 

This is a paid internship and we are confident this experience will help shape the education of the intern and provide an invaluable practical application of real estate and related functions. 

Projects could include but are not limited to:  
• Market rent for operating properties. 
• Research and obtain data reports for subject markets. 
• Move data from assembled rent rolls of other properties. 
• Assemble and organize data into a format that HHC can update across offices (SharePoint). 
• On-going asset management. 
• Participate in the monthly cycle of operations and "participate" on calls. 
• Help, as needed, with monthly property-level reporting. 
• Complete a brief market study. 
• Lease abstracts. 
• Review lease abstracts with asset management and legal for comments. 
• Create Excel worksheet on SharePoint with rolling 12 month sales for national tenants within the portfolio; Research and add data for comparable sales for these retailers. 
• Create Excel worksheet on SharePoint with rolling 12 month sales operating properties within the portfolio; Research and add data for comparable sales for these centers using ICSC, REIT filings and research reports. 
• Identify institutional holders of HHC common stock. 
• Assist management in becoming more familiar with our institutional shareholder base while learning about how the capital markets operate using a list of top 30 institutions. Intern will create a small package for each including fund overview, articles/ news clips about the fund from web sources, key statistics, assets under management, key personnel, list of holdings and most recent 13F/D filing for HHC stock showing increase/decrease in shares. 
• During the internship, it is likely that HHC will be working on at least one refinance and possibly trying to secure financing for new development or a letter of credit. Intern can work with Financial Analyst, Capital Markets to assemble and provide all required documentation and backup to lenders. He/She will also work in underwriting the economics of a deal as well as reviewing and abstracting the relevant loan documents. 
• Assist the company in creating a tracking system for loan compliance so that no critical reporting dates are missed. Intern will catalog all of the reporting requirements for each loan, ground lease or partnership. This will help to make it simple for anybody to know which reports are required and when they are due. The catalog will also include a template from a previous report. 
• Passionate, entrepreneurial and dedicated to success.

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    University of Texas at Austin
    FAC 18
    2304 Whitis Ave. Stop G6200
    Austin, Texas 78712-1508