Laura Rodriquez featured in Beacon CareersJune 6, 2020 2021-08-24 2:45
Laura Rodriquez featured in Beacon Careers
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Internship Story Criteria
BSc in Management, Concentration in Finance
Class of 2021
Fun Fact: I’m working on a budgeting ‘software’, and as part of it, I’m trying to reverse engineer the formula for the Fico 8 credit scoring model in Excel.
Company: Paradigm Properties & Paradigm Capital Advisors
Title: Summer Analyst Intern
Supervisor: Noah, Investment & Acquisitions Analyst
The internship started on Monday, June 1st. I’ve been given the option to work from home or go into the office and there have been several in-person property tours. It ended on Friday, August 14, 2020.
Brief description of your most important duties or projects this summer.
I’ve been given autonomy in my projects and ample room to decide what to do within them. For me, the most important projects have been unstructured research projects that have allowed me to understand commercial property rents, market movements, and competitors. Right now I’m working with my supervisor to track the past 20 years of sales and rental data and am using statistical methods such as multilinear and nonlinear regression to establish the underlying cause of market movements and use those indicators to try to time recessionary cycles in the commercial real estate rental market. I’ve had other projects where I’ve mapped out cumulative developments and competitive sets in entire regions, but anything that will help us understand the current economic landscape is crucial.
Describe how your passions, major and/or interests led you to this internship.
I’ve always been more quant-oriented and really enjoy working with math and data, so finance was a natural choice for me as a career and academic path. Additionally, I love macroeconomics, have some investments, and have always wanted to invest in real estate. This internship is a convergence of where I’d like to be as an investor and the sort of path I’d like to take as a finance professional.
How did you obtain or find this internship?
I saw the internship posted on Handshake, marked it on my calendar, and almost immediately came down with a bad flu. I couldn’t go to the information session and missed the application deadline by a few hours. That’s when I emailed the recruiter (I had screenshot the job posting) with my resume, cover letter, and an explanation of what happened, and followed up so persistently they realized they weren’t going to be able to get rid of me too easily.
What is a major accomplishment that you are most proud of this summer?
I’ve completed many projects that I initially had no idea how to even begin, and ultimately knowing that I’ve been able to deliver value to Paradigm as an intern is a huge source of pride for me. Nothing that I’ve worked on could even be remotely considered busywork, and it speaks to the trust the company has in my capacity to execute the role.
What is a challenge you encountered this summer and how did you overcome it?
What we’re all living through is unprecedented. Some of us have lost friends or loved ones, others have lost their jobs or have had offers rescinded, and we’re having to cope with generally excruciating uncertainty. I find that focusing on the task at hand, making time to decompress, and taking things day by day go a long way to alleviating some of the burden of living through a pandemic.
What advice would you provide to UMass Boston students looking for internships this fall or spring?
I’d say don’t fret if you weren’t able to land an internship for this summer. Use the time you have to reflect on what you want to do and how you’re going to get there. Work on your resume, research the companies you want to work for intensively and the roles you’d like to undertake, and don’t be afraid to network. Lastly, always have a back-up plan. If you don’t get an internship, work on making yourself a more competitive candidate; use that time to learn a new skill, take an online class, or get a certification. My back-up plans for the summer included a course abroad and two different certification courses.
Quote from Supervisors:
Kevin, Chief Executive Officer, Paradigm Properties
“Laura sets the standard for a great intern. She’s smart, fun to work with, asks terrific questions, and figures out how to add value to the company. From her initial interview, which she nailed, to her closing presentation, she was poised and well-prepared. She has a bright future, and I hope she chooses to enter the real estate industry.”
Noah, Investment & Acquisitions Analyst, Paradigm Properties
“Laura has been an excellent addition to the Paradigm team this summer. Laura consistently demonstrates a strong analytical ability, a detail-oriented approach, and the willingness to go above and beyond. We’ve greatly enjoyed working with her and we appreciate the value she has brought to the team.”
Dakota, CREST Coordinator, Commercial Real Estate Success (CREST) Program
“Laura Marin Rodriguez embodies what we look for in CREST Interns. She’s positive, intelligent, ambitious and takes nothing for granted. Throughout the recruiting and placement process Laura demonstrated that she was more than just highly capable, she’s also the kind of person you want to be around and work with. I have no doubt that Laura will achieve whatever she puts her mind to, and we at CREST are proud to support her in any way possible throughout her career.”