Capital Markets and Investment Strategy Intern

Burkentine and Sons Builders Inc • Penn Township, PA

9d

About The Position

Assist in building and updating development pro-formas, including sources & uses, construction budgets, and cash flow projections.
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Support underwriting assumptions related to lease-up, exit cap rates, construction timelines, and cost contingencies.
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Support feasibility analysis by reviewing construction costs, soft costs, and development schedules.
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Conduct market research related to rents, absorption, operating expenses, and comparable developments.
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Analyze development returns including project IRR, equity multiple, yield on cost, and sensitivity analyses.
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Help organize and track due diligence materials for financings, including appraisals, environmental reports, budgets, and schedules, including assisting in responding to lender and investor questions during underwriting and closing processes.
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Coordinate internally with Land Development, Construction, Asset Management, Property Management, and Accounting & Finance Teams.
Complete and present a final project presentation at the conclusion of the internship, highlighting experience gained, project outcomes, and key organizational insights.

Requirements

• Valid Driver’s License
• Currently pursuing a bachelor’s or master’s degree in finance, Real Estate, Economics, Accounting, Construction Management, or a related field with an anticipated graduation date of 2026 or 2027.
• Strong proficiency in Microsoft Excel; familiarity with PowerPoint

Responsibilities

• Assist in building and updating development pro-formas, including sources & uses, construction budgets, and cash flow projections.
• Support underwriting assumptions related to lease-up, exit cap rates, construction timelines, and cost contingencies.
• Support feasibility analysis by reviewing construction costs, soft costs, and development schedules.
• Conduct market research related to rents, absorption, operating expenses, and comparable developments.
• Analyze development returns including project IRR, equity multiple, yield on cost, and sensitivity analyses.
• Help organize and track due diligence materials for financings, including appraisals, environmental reports, budgets, and schedules, including assisting in responding to lender and investor questions during underwriting and closing processes.
• Coordinate internally with Land Development, Construction, Asset Management, Property Management, and Accounting & Finance Teams.
• Complete and present a final project presentation at the conclusion of the internship, highlighting experience gained, project outcomes, and key organizational insights.

What This Job Offers

• Career Level: Intern