Debt Asset Management Intern- New York

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.
At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!
The internship role provides in-depth exposure to SitusAMC and other areas of the business where the candidate will receive guidance and work closely with experienced professionals.
Pelium Real Estate Asset Management, LLC (“Pelium”) is a leading asset management platform fully dedicated to supporting Apollo’s commercial real estate financing business in the United States.
Program Description
Our summer 2027 internship program is 12-weeks. It is designed to fully immerse you in the day-to-day activities of our debt asset management team and oversight of a portfolio of commercial real estate loans comprising a broad range of property types, sponsors, deal structures and markets. The internship will run from June 1 to August 14 and utilize a hybrid work arrangement, requiring 3 days per week in the office.
Specific responsibilities include:
Analyze loan documents and investment committee memoranda; review and understand deal structure, funds flow, economics, and servicing requirements as detailed in deal summaries and legal documents.
Assist in preparing and presenting credit recommendations for actions that require lender approval such as loan extensions, draw funding, borrower consents and lease approvals.
Gather market data, financial statements, maintain rent rolls. Assist in preparation of asset level reports in Excel, including cash flow analysis, variance analysis, and budget review.
Build and perform LTV, DY and DSCR analyses.
Review draw requests including but not limited to construction, tenant improvements/leasing commissions, and capital expenditure.
Monitor the ongoing portfolio updates including but not limited to loan extensions, modifications, upsize, collateral review, construction loans, new closing, and other pipeline events.