Portfolio and Asset Management Intern

At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! 

Northmarq does not provide immigration sponsorship for this position. Candidates must possess unrestricted authorization to work in the U.S. for any employer, without the need for sponsorship now or in the future, to be considered for this position.

Northmarq is seeking two Portfolio & Asset Management Interns to join its Bloomington, MN headquarters office. Northmarq’s Summer Internship Program is a ten-week opportunity to learn the skills and gain the experience necessary for success in the commercial real estate industry. This position will be responsible for maintaining and satisfying commercial lending requirements by tracking various deadlines when completing property inspection reviews, financial analysis and escrow disbursement request reviews. The ideal candidate will be analytical, detailed, and driven to meet various deadlines while working independently on the assigned workload, ensuring accuracy remains a priority. A disciplined individual who is driven to enhance and maintain quality processes, while demonstrating problem-solving skills and the ability to handle multiple tasks, will excel at this position. Ongoing training is provided as part of the position to ensure expertise within the team and department. Additional responsibilities, including a summer intern project and multiple other projects, may be added as job expertise is demonstrated.

Position Responsibilities:

• Plan and schedule own workload to most efficiently meet benchmarks.
• Provide premier customer service to lenders, borrowers, other Northmarq staff, and outside vendors.
• Review and process loan escrow disbursement requests.
• Support and observe Asset and Portfolio Managers in handling various consent requests, including property management changes, repair extensions, loan payoffs, lease approvals, etc.
• Review and assess commercial property inspections conducted by third-party vendors and regional offices.
• Work with customers to resolve any outstanding Inspection deferred maintenance.