Quality Internships – Look No Further than ACG

An article that was posted today in The Atlantic by Derek Thompson cites that the most important attribute in evaluating graduates today is the quality of internships.  Internships are almost twice as important as one’s major, three times as important as your GPA, and 5 times as important as the college reputation.  This research comes as no surprise to ACG as our internship program is the best program in the industry.  We have had more than 40 interns over the past 10 years, most of whom have experienced extraordinary success working in asset management, acquisition, development, and brokerage.  There are more than a dozen firms in Atlanta who regularly hire our interns because the interns not only have great academic credentials but have practical Argus and due diligence experience.

If you are looking to get into the industry and you need the experience of an internship program that trains and prepares you for success, consider applying for our 3-month internship program.  At the conclusion of the program, we place you with one of our clients (or we employ you ourselves).  We are now accepting applicants for our January 2017 program.  Please send your resume to jobs@acgpro.com.

Resume Tip: Numbers, Numbers and More Numbers

If you are applying for an analyst, acquisitions, asset management, or brokerage position then you should make sure that you add as many numbers to your resume as possible. For example, don’t just state that you were involved with the closing, due diligence and structuring of numerous real estate transactions. Instead, write “involved in $1.2 billion of real estate transactions including 11 strip centers, 6 office buildings and a 1.3 million SF multi-use development.” If you modeled and reviewed cash flows, state that you “built 26 Argus models totaling $165 million including 9 regional malls with complex recovery methodologies.” The more numbers that you include on your resume, the better impression you will make.

My Former Employer Sucks…NOT!

When you interview for a job, you most likely will be asked to describe your former employers. Make sure that you are positive about the job and about the person to whom you reported. I had one candidate tell me recently that his boss was having an affair and his supervisor was an idiot. No way I am hiring that person! Never talk negatively about your prior employer. If you have nothing nice to say, say nothing. Nobody likes a complainer.

How not to describe yourself in an interview

According to a recent article in Business Insider, there are some words that you should not use to describe yourself when you are interviewing.  These include intelligent (versus quantitative  and analytical), likable (versus high-energy, team-oriented) and successful (versus your specific value that you bring to the table).  You want to be able to articulate why you are a good fit the the position they are looking to fill.  The more that you can tell a story that demonstrates your attributes versus describing your attributes, the greater the likelihood will be that you are well-received.

Did you know? Argus Tips and Tricks

Did you know that prior to editing any variable, you likely should select the “In Use” button to identify where else in Argus that variable is being applied.  Any changes made in a variable will filter throughout the entire model.  The use of the “In Use” functionality will prevent you from inadvertently changing a variable.

Did you know? Argus Tips and Tricks

Did you know that within the rent roll, Tenants labeled as “Storage” will not factor into the total square footage entered. If you have a property that includes actual Storage space, be sure to select “Office” or “Retail” instead so that the square footage for the space is properly included in your total.  This eliminates the use of 1 Square Foot tenants on your rent roll.

Did you know? Argus Tips and Tricks

Frequently, Suites within an Office building may be re-measured. You can detail the size of the suite by editing the cell and selecting “Detail Size.” For the Rent Roll to balance, you must also remember to detail the size of the property as a whole; select “Edit” and “Detail” for the Property Size under “Property Area Measures.”

Excel Tips: Name versus Amount

To input data beginning with zero (for a Suite number, for example), first input an apostrophe like so: ‘00724.  Otherwise, Excel will automatically delete the zero prior to the other numbers.

Best Question to ask at Job Interview

According to Dave Kerpen, CEO of Likeable Local, there comes a time in every job interview when the interviewer asks, “Now do you have any questions forme ?”  This is a terrific opportunity to impress the interviewer.  Kerpen addes that the most important question you can ask is, “How will the work I’ll be doing contribute to the organization’s mission?” 

We further recommend that you couch this question by articulating your value proposition.  For example, you might frame the question as the following: “My Argus and Excel skills are advanced based upon the significant amount of transaction-based work that I have been asked to do over the past couple of years.  How might these skills contribute to your overall mission?”

Entering an interview armed with these types of questions surely will distinguish you from other candidates.

Did you know? Argus Tips and Tricks

Did you know that a quick way to create various MLAs that may have variables in common is to use the Copy function and then you change only what is different. For example, you may have two MLAs that are identical other than the Market Rental Rate that they use. To copy an MLA, select “Market Leasing Assumptions” under the “Market” dropdown menu, highlight the MLA you wish to copy, and hit “Ctrl + O” to copy.  Simply change the variables as needed.