Intern - Asset Management (Sena Affordable Communities)

L+M Development Partners Inc.; New York (NY); On-site; USD 21,000 - 30,000; Full time

Benefits offered by this job

Competitive compensation and benefits

Exposure to industry

Site visits

Job summary

A residential real estate developer is seeking an intern for their Asset Management team in New York. The intern will assist in financial report reviews, participate in management calls, and support asset managers on projects. Ideal candidates are college students aged 18+ with proficiency in Microsoft Office and an understanding of real estate finance. This ten-week program offers competitive compensation and exposure to the industry, providing valuable experience within a professional environment.

Qualifications

• Must be 18 years of age or older.
• College student with interest in real estate.
• Experience or coursework in finance preferred.

Responsibilities

• Assist in financial review of reports for Sena assets.
• Participate in calls with management company representatives.
• Support on financial operations projects.
• Join asset managers on site visits.

Skills

Proficient in Microsoft Office Suite

Understanding of real estate finance

Communication skills

Education

College student

Majors in Real Estate Finance and Investments

Job description

Intern - Asset Management (Sena Affordable Communities)

New York, NY, USA

Job Description

Posted Tuesday, February 17, 2026 at 5:00 AM

L+M Fund Management (“LMFM”) has been committed to investing in, acquiring, and preserving workforce, affordable, and mixed‑income multi‑family housing in high‑growth metro areas across the U.S since 2010. LMFM invests in and operates workforce and affordable assets on behalf of institutional investors and, to date, has acquired over 21,000 units and $4.7 billion in transactions. LMFM utilizes institutional third‑party equity and to date has raised more than $1 billion of total equity across multiple investment vehicles. For more information on LMFM, please visit: http://lmfm.com.

LMFM is an affiliate of L+M Development Partners (“L+M”), which was founded in 1984, L+M is a full‑service real estate development firm that develops, invests, constructs, and manages properties with industry‑leading innovation in a variety of urban markets nationwide, primarily in the New York Tristate Area. Recognized as one of the top affordable housing developers in the country, L+M and its affiliate companies are responsible for approximately $20 billion in development and investment, and combined have over 57,000 high‑quality residential units in construction or that have been acquired, preserved, or completed.

Sena Affordable Communities, part of the L+M Fund Management team, is the L+M group that works on national preservation projects, outside the NYC area. Our team works to preserve existing affordable housing by acquiring and rehabilitating affordable housing properties. Our summer intern is expected to work independently and collectively, as part of a team. An understanding of real estate finance is preferred (and successful applicants may be asked to demonstrate this through a brief exercise).

L+M offers a comprehensive intern program. During the ten‑week program, interns will gain exposure to the industry, tour several jobsites, and make a presentation on lessons learned to senior management. Specific duties will vary depending on the team but include tasks similar to these:

Duties and Responsibilities:

• Assisting Sena Asset Managers in the financial review of monthly operating reports for Sena assets
• Participating on periodic calls with third‑party management company representatives as we discuss property operations
• Providing support to asset managers on various projects including financial review of operations to ensure timely release of equity from LIHTC investors
• Ability to join asset managers on site visits to some of Sena’s local properties

Who We Want

• Must be 18 years of age or older college student.
• Proficient in Microsoft Office Suite.
• Majors in Real Estate Finance and Investments are a plus.

LMFM offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.

LMFM is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Disclaimer: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.