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!

About Hanover Street Capital
Hanover Street Capital, LLC (“Hanover Street”) operates as a fully dedicated platform assisting Deutsche Bank’s Commercial Real Estate Group with its $20+ bn loan portfolio. We provide a comprehensive suite of services across commercial real estate transactions and are uniquely positioned to apply our expertise and flexibility of resources to help our client solve any problem, make informed decisions, and maximize the value of their assets. With practice teams dedicated to commercial real estate loan originations, asset and portfolio management, loan servicing and administration, and transaction management, we offer a broad range of capabilities across all CRE property and credit types ranging from senior mortgages to subordinate debt. Established in 2012, Hanover Street is a wholly owned subsidiary of SitusAMC (www.situsamc.com).

Internship Program Description

Our summer internship is a ten-week program for undergraduate students who are rising seniors. It is designed to fully immerse you in the day-to-day activities of our team responsible for originating Deutsche Bank’s commercial real estate loans. The internship runs from June 2 to August 22, 2025. Based on an intern’s performance during the ten-week period and business needs, an intern may receive an offer for permanent employment with Hanover Street Capital after graduation.

Position Overview:

Support Deutsche Bank’s Commercial Real Estate (CRE) team in Los Angeles to originate loans for its conduit/large-loan commercial mortgage-backed securities (CMBS) business, as well as for the bank’s balance sheet. The loans range across office, retail, hotel, multifamily and industrial property types.

Essential Job Functions:

Participating in all aspects of loan originationCoordinating transactions within tight timeframes, involving several groups within Deutsche Bank, borrowers, and third-party advisorsLiaising with the group’s credit risk management, securitization transaction management team and syndicate desk teams to determine capital markets execution strategiesModeling asset level cash flows using ARGUS Enterprise® and Excel®Performing market, property and sponsor due diligence (KYC)Writing internal investment summaries and credit memos. Other activities as may be assigned by your manager

Qualifications/ Requirements:

Demonstrable interest in real estate.A rising-senior pursuing an undergraduate degree in accounting, business, or economics.Coursework, co-curricular activities, or experience in commercial real estate.Knowledge of commercial real estate finance and performance metrics.Strong quantitative and analytical skills.Proficiency in Excel®, Word®, PowerPoint®. Ability to work with large datasets to process and process results. Knowledge of ARGUS is a plus.Highly developed organizational and project/time-management skills with an ability to manage multiple priorities and meet multiple deadlines.Excellent communication, presentation, and business writing skills under pressure.A strong commitment to integrity, professionalism, and Hanover's guiding principles.A demonstrable ability to work both independently and effectively with team members in diverse groups and regions.

To Apply:

Applications for our 2025 summer internship are now open. We review applications on a rolling basis and encourage you to apply as soon as you are ready because interviews occur continually. 

The hourly rate for our undergraduate interns is anticipated to be $25/hour.

Hybrid (four days in the office).

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is

$22.50 - $25.00

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.

Pay Transparency Nondiscrimination Provision

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Know Your Rights, Workplace Discrimination is Illegal

SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.