HL
Programme
Internship
Location
Munich
Duration
6 months
About the role
Six-month off-cycle internship with Houlihan Lokey’s Real Estate Capital Solutions team in Munich. The intern will gain exposure comparable to a first-year Analyst, supporting real estate financial modelling, capital markets and M&A transactions, debt advisory, liability restructuring, market analysis, and preparation of client materials, with direct senior leadership exposure.
Responsibilities
- Build financial and cash flow models for real estate assets and platforms.
- Prepare pitch books, investment memoranda, and financing memoranda.
- Support real estate capital markets and M&A transactions, including acquisition and divestiture advisory.
- Assist with debt advisory for large-scale financings and complex liability restructuring mandates.
- Conduct market, industry, and company analyses focused on real estate trends.
- Gain early responsibility and direct exposure to senior leadership, comparable to a first-year Analyst.
Requirements
- Outstanding academic record, preferably in accounting, economics, finance, or real estate.
- Previous internship experience in real estate investment, debt advisory, M&A advisory, private equity, restructuring, or related fields.
- Strong understanding of real estate fundamentals and economic drivers affecting asset value.
- Strong quantitative, financial, and analytical skills, particularly in cash flow modelling.
- Excellent German and English verbal and written communication skills.
- Ability to work under pressure with attention to detail and proficiency in Microsoft Office, especially Excel and PowerPoint.
Preferred Qualifications
- Previous experience in or interest in the real estate sector.
- Additional language skills are advantageous.
- International experience is desirable but not essential.
- Motivation and ability to work cooperatively with staff at all levels in a rapidly changing environment.