Having interned two consecutive summers at Centers Business Management, a Los Angeles-based real estate company, Daniel Organ ’11 is ready to turn his talents toward the international property market.
With the help of a competitive Charles H. Salisbury Summer International Internship Stipend Award, Organ will travel throughout Brazil this summer, examining the real estate market and the emerging middle class.
He will work for Equity Group Investments (EGI), a privately held investment company focused exclusively on real estate-related businesses operating outside of the United States.
“After the internships in L.A., I wanted to get a perspective of what’s going on internationally,” Organ says.
At EGI, Organ will meet with the management teams of different sectors of the real estate market in Brazil to review their real estate portfolios and ascertain how each individual company will benefit from the emerging middle class. He will also be expected to visit various real estate assets in as many as six major cities in Brazil to understand each company’s assets.
Organ will train in Chicago, Ill., before heading to Sao Paulo and Rio de Janeiro, where he will meet with management from each of the six portfolio companies he will work with. After meeting with independent local brokers and other real estate professionals, beginning Portuguese lessons, and visiting properties of each company in Sao Paulo and Rio, Organ will visit five secondary cities in Brazil to conduct research with local management contacts and independent sources. During the final weeks of his trip, he will compile information from each company visit and all interviews and property site visits, before presenting his report to the President of Real Estate at EGI.
The Salisbury Stipend, now in its fourth year, is one of the most ambitious programs in the Colleges’ history. Created by Honorary Trustee Charles H. Salisbury Jr. ’63, P’94, L.H.D.’08, the fund provides financial support for each for three students interested in pursuing an international internship experience in a location of the student’s choice. By supplementing classroom education with internship experience, students gain a practical understanding of the demands and rewards of future career opportunities as well as an opportunity to test their skills and realize their potential.
“Danny is smart, personable, communicates well -he’s an ideal student for this award,” says Assistant Professor of Economics Brian Cooper, who taught the first economics course Organ took.
Organ is a member of the Economics Investment Club, Vice President of the Finance Society, President of Hobart Hockey Helpers and Philanthropy Chair of Theta Delta Chi Fraternity. He is a Hobart Scholar and a member of the Dean’s List, the HWS Student Athletic Advisory Council and the Committee on Academic Affairs.