Deadline to Apply: May 31st, 2024
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Deadline to Apply: May 31st, 2024 |
Commercial Real Estate Apprenticeship with Tyler Cauble
Are you an aspiring real estate professional looking to gain invaluable experience in the industry? Look no further than this exceptional apprenticeship opportunity to work directly with Tyler Cauble at the historic Peerless Mill in Chattanooga, Tennessee.
About Peerless Mill
Peerless Mill, nestled in the heart of Rossville, Georgia, stands as a monument to the city's industrious past. Initially established in the early 1900s, this expansive property once boasted the title of the largest wool factory in the United States. At its peak, the mill employed over 3,000 workers and was so integral to the community that it even supported its own semi-professional baseball and basketball teams.
Today, Peerless Mill occupies a 32-acre site with 29 historic buildings, totaling 1.5 million square feet of space. After acquiring this property two years ago, our vision has been to breathe new life into this historic site, transforming it into a vibrant mixed-use hub that respects its rich history while introducing modern functionalities.
The revitalization plan for Peerless Mill is extensive and multi-phased, intended to happen over the next 10 to 15 years. Our current focus is on redeveloping specific buildings for immediate use, enhancing their structural integrity and aesthetic appeal while preparing them for a variety of commercial and recreational purposes. From flex space facilities with minimal build-out needs to larger spaces ideal for retail or industrial use, each building is being thoughtfully designed to meet the demands of modern enterprises.
The mill is more than just a redevelopment project; it's a cornerstone for community regeneration. Future plans include creating an outdoor amphitheater, hosting music and community events, and possibly exploring unique ventures like underground parking or recreational facilities.
As we continue to transform Peerless Mill, we are excited to offer an apprenticeship opportunity for an individual passionate about historic preservation and urban redevelopment. This apprenticeship will provide hands-on experience in all aspects of this ambitious project, from day-to-day operations to strategic planning and execution.
Apprenticeship Details
Join us for an unparalleled apprenticeship experience at Peerless Mill, a historical redevelopment project that is revitalizing Rossville, Georgia. Under the mentorship of Tyler Cauble, a commercial real estate investor and developer, this apprenticeship offers a unique blend of hands-on learning and professional growth in the dynamic field of real estate redevelopment.
Responsibilities:
Responsibilities for the Commercial Real Estate Apprenticeship at Peerless Mill:
Assist in the day-to-day operations of the Peerless Mill redevelopment project, including property management, tenant relations, and project coordination.
Participate in the planning and execution of construction and renovation projects, working closely with architects, contractors, and engineers.
Engage in tenant acquisition and leasing activities, including property tours, lease negotiations, and tenant screenings.
Develop and implement marketing strategies to attract and retain tenants, promoting the unique features and opportunities of the Peerless Mill project.
Maintain and update property listings, marketing materials, and tenant databases, ensuring accurate and current information is available.
Assist in the preparation and analysis of financial models, investment proposals, and underwriting documents for potential acquisitions and developments.
Monitor market trends, economic indicators, and local zoning regulations to identify potential opportunities and challenges for the project.
Attend project meetings, community events, and industry conferences to represent the Peerless Mill project and expand professional networks.
Collaborate with the leasing and property management team to address tenant concerns, resolve issues, and maintain high levels of tenant satisfaction.
Assist in the development and implementation of property maintenance schedules, coordinating with vendors and contractors to ensure timely and quality services.
Conduct regular property inspections to identify and address any maintenance or repair needs, ensuring the buildings are well-maintained and presentable.
Maintain accurate records and documentation of leasing activities, property conditions, and project milestones, providing regular updates to the management team.
Participate in the development and implementation of community outreach and engagement strategies, fostering positive relationships with local stakeholders and organizations.
Assist in the preparation and presentation of project updates, status reports, and performance metrics to investors, partners, and other stakeholders.
A Typical Week in This Apprenticeship:
The apprenticeship at Peerless Mill is designed to provide a comprehensive learning experience while accommodating the apprentice's schedule and other commitments. The weekly workload will be manageable, typically requiring 2-4 hours of dedicated time. Some example responsibilities in a typical week might include:
Review and respond to tenant inquiries and leasing prospects
Participate in a weekly project status meeting with the development team
Coordinate with self-storage management companies to obtain market studies and feasibility reports
Attend a community event or industry networking function to represent the Peerless Mill project and build professional connections
Coordinate with the leasing team to schedule property tours for prospective tenants
Prepare a weekly progress report for the project management team, highlighting key accomplishments, challenges, and upcoming tasks
Daily / weekly calls with Tyler to discuss progress and next steps
The apprenticeship is structured to provide a well-rounded experience, exposing the apprentice to various aspects of commercial real estate development while maintaining a manageable workload. The exact tasks and time commitments may vary from week to week depending on the project's needs and the apprentice's interests and abilities.
What You Will Learn:
As an apprentice, you will dive into the core aspects of commercial real estate, gaining practical skills and insights that cover the full spectrum of property development:
Leasing and Property Management: Learn the intricacies of tenant acquisition, lease negotiations, and property maintenance. Understand what it takes to manage a diverse portfolio of properties, ensuring tenant satisfaction and operational efficiency.
Construction and Renovation Planning: Participate in the planning and execution of construction and renovation projects. Work alongside architects, contractors, and engineers to transform historic structures into vibrant, functional spaces that meet modern needs.
Marketing and Tenant Relations: Develop marketing strategies to attract and retain tenants. Engage with prospective tenants, conduct property tours, and build lasting relationships through exceptional service and community engagement.
Financial Analysis and Underwriting: Gain expertise in financial modeling, risk assessment, and investment analysis. Learn how to evaluate the financial viability of real estate investments and make informed decisions based on comprehensive underwriting processes.
Project Management and Coordination: Coordinate multiple aspects of the redevelopment process. Manage timelines, resources, and personnel to ensure projects are completed on time and within budget.
Mentorship and Professional Development:
Throughout your apprenticeship, you’ll be working directly with Tyler and his team. This guidance includes:
One-on-One Mentorship: Regular sessions with Tyler to discuss progress, challenges, and strategies for successful real estate development.
Collaborative Learning Environment: Work closely with a team of professionals who are passionate about urban redevelopment and historic preservation.
Skill Enhancement: Develop critical skills in negotiation, leadership, and strategic planning through real-world application and expert feedback.
Ideal Candidate
This apprenticeship is suited for individuals who are passionate about real estate, eager to learn, and ready to contribute to a transformative project. Candidates should possess a strong work ethic, excellent communication skills, and a genuine interest in historic preservation and community development. The ideal candidate should possess:
Strong work ethic and a willingness to take on new challenges
Excellent communication and interpersonal skills
Ability to work independently and as part of a team
Proficiency in Microsoft Office and basic computer skills
Flexibility to adapt to a dynamic and fast-paced work environment
Prior experience in real estate or related fields is a plus but not required
The apprentice will largely be working on their own to accomplish project goals with oversight and direction on a daily / weekly basis from Tyler.
Benefits of the Apprenticeship:
Practical, Hands-On Experience:
Diverse Skill Acquisition: Engage directly in diverse areas of real estate including leasing, construction, and property management. This real-world experience is invaluable and provides a robust understanding of the industry.
Project Involvement: Participate in actual projects from inception to completion, providing a rare insight into the complexities and stages of real estate development.
In-Depth Local Market Knowledge:
Chattanooga and Rossville Insight: Develop a nuanced understanding of the Chattanooga real estate market, particularly in Rossville. This local expertise is crucial for anyone looking to make a mark in regional real estate markets.
Trend Analysis and Market Dynamics: Learn to analyze market trends and economic factors affecting real estate in the area, preparing you to predict future opportunities and challenges.
Professional Networking:
Industry Connections: Gain access to a wide network of professionals within the real estate sector, including investors, contractors, city planners, and legal experts. These connections can provide future collaboration and employment opportunities.
Community Engagement: Interact with local community leaders and stakeholders, understanding their perspectives and gaining insights into community-driven development.
Mentorship from an Industry Expert:
Direct Learning from Tyler Cauble: Benefit from direct mentorship by Tyler Cauble, who brings years of experience and success in the field. This mentorship provides tailored advice and insights, accelerating your learning and adaptation to the industry.
Career Guidance: Receive guidance not only on project-specific tasks but also on long-term career planning and development within the commercial real estate field.
Enhanced Resume and Career Prospects:
Impressive Portfolio Building: Work on significant projects like the redevelopment of Peerless Mill, which can serve as a cornerstone of your professional portfolio.
Job Preparedness: By the end of your apprenticeship, you will be equipped with the knowledge, skills, and confidence to pursue a variety of career paths in real estate and related industries.
Personal Growth and Development:
Problem-Solving Skills: Tackle real-world problems in real estate development, enhancing your critical thinking and problem-solving skills.
Leadership Experience: Opportunities to lead projects or components of the redevelopment, fostering leadership qualities that are essential for career advancement.
Apply Now:
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