Summer Financial Analyst; Class of , Real Estate Valuation and Advisory Services - Mu

Business Unit: Financial And Valuation Advisory

Industry: Generalist/REVS

Houlihan Lokey, Inc. (NYSE:

HLI) is a global investment bank with expertise in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. The firm is the No.

1 investment bank for all global M&A transactions for the past two years, the No. 1 M&A advisor for the past 10 years in the U.S., the No. 1 global restructuring advisor for the past 11 years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG.

Over the past 50 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, retained counsel, investors, and business owners we serve. In 2024, LSEG ranked us the No. 1 Global M&A fairness opinion advisor over the past 20 years.

Our stability, integrity, technical leadership, and global capabilities make us a trusted advisor for clients worldwide, across a wide range of services, including the Transaction Opinions, Transaction Advisory Services, Corporate Valuation Advisory Services, Portfolio Valuation and Fund Advisory Services, Real Estate Valuation and Advisory Services, and Dispute Resolution Consulting practices.

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

• Finance, Accounting or Economics major with a graduation date between December 2027 and June 2028
• Coursework in real estate finance, real estate valuation, or related fields
• A strong interest in real estate advisory work (i.e., valuation consulting)

Teamwork is essential to the firm’s success. At the same time, creativity and new ideas are encouraged. Summer Analysts are given substantial responsibility and are encouraged to help us grow our business. The ideal candidate should be motivated, creative, outgoing, and possess strong financial analysis skills.

• A fundamental understanding of real estate valuation theory, methodologies, and applications
• Strong analytical abilities
• Proficiency with Excel (particularly modeling skills, writing macros, etc.) and Power Point
• Experience in ARGUS is strongly preferred
• Excellent verbal and written communication skills
• Strong work ethic and attention to detail
• Ability to multi-task and work in a fast-paced environment

Summer Financial Analysts may work on a variety of projects that provide exposure to various subsectors within the real estate industry. You will work on conducting market and financial research regarding real estate supply, demand, pricing and investment parameters, including in-market interviews, data gathering and confirmation of comparable transactions as well as utilizing data subscription sources. You will work with many leading REITs, real estate private equity firms, and real estate operators, analyzing and valuing their investments for a variety of purposes.

Throughout the summer, you will work with a highly talented and dedicated staff of professionals who will give you broad exposure to the many different issues and concerns affecting real estate businesses and investors today. The environment at Houlihan Lokey is collegial and entrepreneurial and rewards Summer Financial Analysts with substantial responsibility and interaction with senior-level professionals. Such responsibilities include:

• Work alongside Analyst, Associates, and Officers valuing commercial real estate investments across various asset classes (multifamily, retail, industrial, hospitality, and more).
• Be actively involved in various client engagements, including valuation and advisory work related to investor and financial reporting, due diligence, and transaction opinions.
• Collect, manipulate, and analyze property, market and financial data
• Acquire knowledge of the use and capabilities of subscription data sources and software, including Costar, REIS, Green Street, Real Capital Analytics, Marshall Valuation Services, ARGUS, etc.
• Analyze historic property operating statements and analyze leases
• Assist Analysts/Associates in the preparation of complex cash flow models using Excel and/or ARGUS software, including analyzing available data to estimate revenues, costs, and rates of return
• Estimate value of real estate investments at various levels of the capital stack, including asset-level valuations, equity valuations, preferred equity…