Preview

Intern Paper

Better Essays
Open Document
Open Document
2558 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Intern Paper
Internship at The Standard Oil Investment Group

This summer, from July 2013 thru August 2013, I had the privilege of interning at The Standard Oil Investment Group. Being that I am a business student and accounting major I really looked forward to this hands-on experience in all different areas of the company. I was able to oversee the companies Vice President and Management Director, Steven Bohbot, in areas such as Investment, Development, Loan/Banking and Asset Management. The Standard Oil Investment Group maintains a growing portfolio of commercial properties, including both Multi-family and Retail properties. They are a group that is continuously looking for opportunities to acquire distinguished properties especially in highly populated regions. The office is located in the Standard Oil Building on the ninth floor, which previously housed dusty mechanical equipment and not much else, is now brightly lit and home to several executive offices of the Investment Group. Stairs lead to the 9,000-square-foot rooftop space, which provides unencumbered views of the Staples Center, the Financial District skyline and the building's Italianate rooftop elevator housing. When I had stepped into the beautiful office in Downtown Los Angeles I did not understand to what extent research could be done or how I could help, until I began to help Steven and his team in providing intensive property research and analysis. I learned a very important factor as time went on. With the fluctuating market today, The Standard Oil Investment Group maintains their growth because of their strategic approach. Their portfolio is one that is very diverse and therefore aids them to surpass market concerns that can generally harm a typical Real Estate Investment Group. The Standard Oil Investment Group owns, acquires and develops a growing portfolio of commercial property, with a market value exceeding $100 Billion. The Standard Oil Investment Group was established by Marc Bohbot,

You May Also Find These Documents Helpful

  • Powerful Essays

    This report will examine the commercial property that Concordia Real Estate Inc is considering as a potential investment opportunity. The project is being evaluated over an investment horizon of twenty years with total costs estimated to be approximately $20.06M. If accepted, Concordia Real Estate Inc plans to finance the project entirely with cash. The investment’s profitability will be analyzed using several key financial indicators. Based on the results of the analysis a recommendation will be made as to whether or not the project should be accepted. The key results of the analysis are listed below:…

    • 3248 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Throughout the country, home prices are at an all-time low so what better time to purchase the correct investment property for you. When purchasing an investment property, making sure you get maximum return is important since your cash-flow depends on it. In the reading “Angus Cartwright III,” Angus himself is a well-known investment advisor, after his father. In Arlington, Virginia there is the DeRight family, which is a very wealthy group that has two family members looking to invest in the right property. In 2003, John sold his business for an exchange in $18 million dollars in stock, while his sister Judy owns her own chemical business that is creating plenty of revenue. With us knowing this, we can assume there will no issue with putting enough cash-down on the property of their choices. With Angus Cartwright III as there lead investor advisor, he provides an extensive breakdown on the 4 investment properties that both DeRight’s will view.…

    • 1042 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Case Study ABC Inc

    • 996 Words
    • 4 Pages

    ABC Inc. was founded in 2007 and is headquartered in San Francisco. Revenues and net income for 2010 are $500 million and $80 million, respectively. In September 2010, ABC Inc. (“ABC” or the “Company”) entered into an agreement with Landlord LLC (the “Landlord”) to lease approximately 268,000 square feet or 40% of a building located at 100 Smith Street, San Francisco. The building was originally configured to be used as office space. However, ABC wished to re-configure the interior layout and make certain improvements to the lease space to meet ABC’s design specifications. The tenant improvements (“TIs”) as specified in the lease agreement are for general purpose and not structural. The total estimated budget for tenant improvements is approximately $37 million.…

    • 996 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Peca, S. (2009). Real Estate Development and Investment: A Comprehensive Approach. Hoboken, NJ: John Wiley & Sons, Inc.…

    • 584 Words
    • 3 Pages
    Good Essays
  • Good Essays

    JD ROCKAFELLER

    • 1722 Words
    • 7 Pages

    In essence to the response of this question tying in how Standard Oil had changed society with references to the levels and spheres of corporate power discusses in the chapter, I would say that the power of economic, cultural and political of the Standard Oil has led to the big changes to the society. Based on the text book mentioned that “Rockefeller’s company was capitalized at 70$ million and produced 90 percent of the nation’s refining output.” This has shown how strong the economic power of Standard Oil is. The Standard Oil Company built the facilities, employ workers.…

    • 1722 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    This report presents information regarding the industry, the primary operator of oil and gas field properties. The industry fuels its key buyers, the Natural Gas Distribution (22121) and the Petroleum Refining (32411) industries, with crude oil and natural gas. The industry continuously battles a shortage of available oil. In addition, many major oil fields have been in use for decades, slowly waning. Currently, the industry grosses among the most profitable in the US despite these and similar obstacles. The benefits of investing here potentially outweigh concerning risks. Because of the esteemed value of the industry’s products, consistent demand for its products, and its positive near-future outlook, diversification into this industry may produce rewarding profitability in the short-term.…

    • 1249 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Smith, S. S. (2012). John D. Rockefeller Built A Gushing Oil Industry. Investor 's Business…

    • 298 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Internist Research Paper

    • 669 Words
    • 3 Pages

    Being a doctor is both a rewarding and a challenging career. Physicians examine, treat, and diagnose patients and ultimately save lives. Doctors can practice general family medicine, internal medicine, or specialize in one area, such as pediatrics, cardiology, neurology, or gastroenterology. A doctor who practices internal medicine is called an internist. According to the American College of Physicians, “general internists handle the broad and comprehensive spectrum of illnesses that affect adults, and are recognized as experts in diagnosis, in treatment of chronic illness, and in health promotion and disease prevention” (“About Internal Medicine”). Many internal medicine doctors will serve as the primary care provider for their patients and…

    • 669 Words
    • 3 Pages
    Good Essays
  • Better Essays

    College Paper

    • 1637 Words
    • 5 Pages

    Fear and compassion are two very different feelings that equally drive individuals. Many assume that fear and compassion have absolutely no relationship due to the fact that they are polar opposite emotions that people usually do not associate with each other. Even though they are two very different emotions, fear can be used to express one’s inner compassion. Fear and compassion are two of the most prevalent emotions used in regular human interaction, but unlike compassion, fear is obviously dreaded in society due to the fact that humans in general do like to face and deal with adverse conditions. Leslie Bell, in Hard to Get: Twenty-Something Women and the Paradox of Sexual Freedom, talks about women in early their twenties facing fear about their identities. Robert Thurman’s “Wisdom” speaks about how his experience of becoming a monk taught him to release his inner “self”. And Charles Siebert speaks about the relationship between humans and elephants in the “Elephant Crackup”. Through all of these stories it is clear and apparent that deep and intense fear drives and motivates individuals to become much more compassionate and understanding.…

    • 1637 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Standard Oil Trust

    • 780 Words
    • 4 Pages

    John D. Rockefeller was born on July 8, 1839 in New York. He was among one of the richest people in the world. He formed the Standard Oil Trust in 1863, by 1868 the company had been established in Ohio, at that time it was one of the largest oil refineries in the world. The Standard Oil Company grew to dominate the oil industry and became one of the first big trusts in the United States. However, even this unprecedented wealth and power was not enough. Rockefeller and Standard Oil needed ever more. The company thus expanded into the overseas markets, particularly Western Europe and Asia, and after a while it was selling even more oil abroad than in the U.S. Moreover, Rockefeller, in addition to his role as the head of Standard Oil, also invested in numerous companies in manufacturing, transportation and other industries and owned major iron mines and extensive tracts of timberland. The astonishing success of Standard Oil encouraged others to follow the Rockefeller business model, particularly in the booming final decades of the 19th century. Trusts were established in close to 200 industries, although most never came close to Standard Oil in size or profitability. Among the largest were railroads, coal, steel, sugar, tobacco and meatpacking. This company was the best company in the world, and what’s better that it brought a great economy!…

    • 780 Words
    • 4 Pages
    Good Essays
  • Good Essays

    At the age of 19, Rockefeller and one of his associates opened up their own trading corporation where they would net $450,000 their first year 9 (“A). In 1863, John and his new associates went into the oil industry and opened their own company named “Standard Oil.” Within the first year they made around 40% profit (“John). This is when John knew that matters must be taken into his own hands in order to further expand his reach and his profits, so the next year, John bought out almost all of his associates and he gained majority control of the corporation (“John). By 1882, Standard Oil would produce 90% of the…

    • 720 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Real Estate

    • 6801 Words
    • 28 Pages

    Definition of Agency: "Agency" means a fiduciary relationship between a principal and an agent arising out of a brokerage agreement whereby the agent is engaged to do certain acts on behalf of the principal in dealings with a third party. Duties: A licensee who provides services through a brokerage agreement for a seller, landlord, buyer, or tenant is bound by the duties of loyalty, obedience, disclosure, confidentiality, reasonable care, diligence, and accounting.…

    • 6801 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Senior Paper

    • 471 Words
    • 2 Pages

    I am a second level student in Early Childhood Education. Our second level project is the implementation of a grant, Awareness: The Key to Friendships. We will present centers to 3rd grade students at Delmae Elementary School. I have chosen to create my center on Pick & Clip.…

    • 471 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Internship Final Paper 1

    • 1658 Words
    • 6 Pages

    Positive youth development programs engage young people in intentional, productive, and constructive ways, while recognizing and enhancing their strengths. These programs promote positive outcomes by providing opportunities, fostering positive relationships, and giving the support needed to build on their strengths as well as prevent risky behaviors. The purpose of this paper is to explain what positive youth development programs are designed for, and why they are important for the youth.…

    • 1658 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Internship Paper

    • 5725 Words
    • 23 Pages

    My internship was completed with Days Inn Bradenton located at 3506 First St. West, Bradenton, Fl. My supervisor is the general manager Rahul Patel, who can be reached at 941-746-1141or daysinnbradenton@gmail.com. I currently work thirty five to forty hours per week as a Front Desk Agent and can be reached at 941-746-1141.…

    • 5725 Words
    • 23 Pages
    Powerful Essays