Intern, Construction Lending

1KD THR Property Management LP; Dallas (TX); On-site; USD 25,000 - 43,000; Full time

Benefits offered by this job

Paid internship

Job summary

Invitation Homes is seeking a motivated student for a 10-week paid summer internship in Dallas, TX. You will learn construction loan origination, underwriting, and portfolio management within the Investment Management Group (IMG), working closely with mentors and analysts to support loan origination and diligence processes.

The role offers hands-on experience with underwriting, draw management, and loan committee materials, along with opportunities for growth, mentorship, and professional

Qualifications

• MS Office, especially Excel proficiency.
• Experience with technical tools (Excel, AI, Python, Tableau, SQL) via coursework or projects preferred.
• Strong analytical mindset, willingness to learn, good communication and organization.

Responsibilities

• Underwrite BTR construction and bridge loans; analyze borrower financials, budgets, market feasibility, collateral.
• Prepare loan packages and credit memos for Loan Committee.
• Model construction loan cash flows, reserves, draws, returns for viability and risk.
• Process and review construction draw requests and track milestones.
• Analyze market trends, absorption, and rental data for underwriting and due diligence.
• Assist in ad-hoc projects and mentor-guided tasks.
• Suggest improvements to processes and tools.

Skills

Excel

Python

Tableau

SQL

Analytical thinking

Communication

Education

Bachelor’s or Master’s in Finance/Real Estate/Business/Economics/Statistics/Mathematics/CS

Tools

Excel

Job description

Who We Are

Invitation Homes is a fast-paced, publicly traded REIT that is pioneering a new industry with over 110,000 single-family rental homes owned and managed and a market capitalization of over $20 billion. As the nation’s premier home leasing company, we are looking for students serious about kickstarting their career alongside our passionate and collaborative associates. We are looking for dynamic students to join our 2027 summer internship program.

The Role

Invitation Homes 10-week paid summer internship is the first step in building a career as an Investment Management Group (IMG) associate. Our interns deliver innovative solutions to real business challenges and build enduring relationships with their manager and assigned mentor. This is an opportunity for personal and professional development, community outreach, and other meaningful intern specific events.

The BTR Construction Lending Intern role is a unique opportunity to learn the construction loan origination, underwriting, and portfolio management process firsthand. The Construction Lending Intern will assist in all facets of the lending lifecycle including underwriting BTR loan opportunities, managing construction draws, monitoring active projects, and preparing loan committee materials.

What you’ll do day‑to‑day:

• Support the underwriting of BTR construction and bridge loans, including analysis of borrower financials, project budgets, market feasibility, and collateral assessments
• Collaborate with analysts and associates to prepare loan packages and credit memos presented to the Loan Committee
• Learn to model construction loan cash flows, interest reserves, draw schedules, and return projections to evaluate loan viability and risk
• Assist in processing and reviewing construction draw requests, tracking project progress against budget and schedule milestones
• Perform analysis on BTR market trends, absorption rates, and comparable rental data to support loan underwriting and due diligence
• Complete ad‑hoc projects assigned by the manager and mentor
• Suggest improvements to existing processes and tools

What You Bring

We are seeking a motivated individual who is ready to apply business practices and processes in a fast‑paced, real‑world environment.

Required Qualifications

• Proficiency in the MS Office Suite, particularly Excel
• Experience utilizing a technical skill (e.g., Excel, AI, Python, Tableau, SQL, etc.) through coursework, personal initiatives, or previous employment is preferred but not required
• Strong analytical mindset, eagerness to learn technical tools, excellent communication and organizational skills, and the ability to adapt, problem‑solve, and collaborate effectively
• Desire to work in Dallas, Texas
• Education/Certifications: Rising senior or grad student pursuing a bachelor’s or master’s degree from an accredited university in Finance, Real Estate, Business, Economics, Statistics, Mathematics, Computer Science, or other related fields with an expected graduation date between December 2028 and May 2028

Why Invitation Homes

We believe when our residents thrive, our associates thrive. Here, you’re not just filling a role — you’re building a career at a company that invests in your growth and welcomes you for who you are.

What’s in it for you

Competitive pay and annual bonus program for all associates

Generous PTO including vacation accrual, sick time, volunteer time, and standard and floating holidays 401(k) with company matching contributions Casual dress code and a genuinely great work environment Team events, celebrations, and a culture that values connection Employee Resource Groups: Together with Women, Asian Alliance, Black Collective, Juntos, Gen Next, and Open Invitation Career growth paths and learning opportunities — we promote from within Salary Range $17.90 - $31.03 Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law.

If you have a disability or special need that requires accommodation, please contact us at [e-mail].

#LI-AM1 As the nation’s premier home leasing company, Invitation Homes provides more than 80,000 high-quality homes across 17 markets—delivering what we call “The Lease with More.” We offer our residents more value through updated homes, seamless experiences—whether digital or in person—greater flexibility to live where they want, and support from professionals who lead with Genuine CARE.

Our commitment is to “unlock the power of home,” creating meaningful living experiences in the communities we proudly serve.

At Invitation Homes

our associates are the foundation of our success. We are committed to “Unlocking the Power of You” by connecting each role to real impact, investing in growth and development, and fostering an environment where people feel supported, valued, and at home. Guided by our Genuine CARE values—communication, accountability, reliability, and excellence we empower our teams to innovate, collaborate, and deliver exceptional experiences for our residents.

Growing dynamic opportunities

As we continue to grow, we offer dynamic career opportunities across a wide range of disciplines. We are looking for talented individuals who are inspired to make a difference, embrace the journey, and help us raise the roof on what a modern leasing experience can be.