September 14, 2017 by texasbbacareerservices
Charlie Dreyfus, BBA Finance, 2014
Associate – Investment Management
Please tell us about your career path and how you found your way to Hines
I interned with Hines’ Office of Investments in summer 2013 in the REIT/Core Fund Group. My internship was focused on acquisitions and asset management for international properties for Hines Global REIT. I re-joined the same group after graduation in summer 2014 as an Analyst. Currently, I work as an Associate focused on US Acquisitions for several Hines managed capital programs.
What do you like about working for Hines?
Hines is a really flat organization so even at an entry-level position you are able to work with highly tenured senior managers who you can learn a lot from. It is also great working at a well-established global firm so you are able to gain exposure to a variety of different markets and product types.
What does this job/internship entail?
The Office of Investments internship/analyst positions introduces students to commercial real estate equity investing across product types and geographies. Students are assigned to fund teams including Hines’ REITs, Emerging Markets Funds, Multifamily Investment Groups, Retail Investment Groups, and Proprietary Research.
Interns and Analysts participate in underwriting new acquisition opportunities and contribute to the asset management of existing properties. Interns and Analysts work on Argus modeling, acquisition underwriting and due diligence, investment presentations and investment committee memos, and property reporting and budgeting.
Interns also work on a variety of special projects that are presented to Hines’ senior management teams as a capstone presentation. There are also great weekly working sessions with interns and Hines team members ranging from Associates to Senior Managing Directors who teach classes on topics like Asset Management, Acquisitions, Development, and Property Dispositions.
What skills make a person successful in this position?
We really just want people who are eager to learn. No one expects a beginning intern to know the ins-and-outs, but if they come with a good attitude and willingness to learn then they should be successful.
Please share your general career advice?
- Be patient. Every job has its ups and downs and it takes time to build responsibility. Focus on developing your ‘toolbox’ so that you can gain more autonomy when the time comes.
- Present your work in the simplest way possible. One of the hardest things you will have to do is take a very complex problem and make it easy for others to understand.
- Develop the ability to recognize problems or existing systems that can be improved and take initiative to fix these without being asked.
- Be engrained in every detail of the projects that you work on but always keep in mind the big picture.