Development Intern

The Michaels Organization • Camden, NJ

2d • $19 - $21 • Onsite

About The Position

The Michaels Organization is a national leader in residential real estate, offering development, property management, construction, and investment capabilities. Its teammates work to create communities that support housing, education, civic engagement, and neighborhood prosperity.

The Real Estate Development Intern applies coursework in a practical setting and assists the Development team with a range of responsibilities. Interns work on real projects, build transferable workplace skills, and learn about the real estate business. The role focuses on pre-development activities, including analyzing proposed multifamily developments that qualify for low-income housing tax credits. Interns collaborate on the underwriting, pursuit, closing, and delivery of multiple affordable housing projects and assist Development Vice Presidents with special projects.

The internship is based at the Camden, New Jersey headquarters, onsite five days a week. The schedule is Monday through Friday, 9:00 a.m. to 5:00 p.m., for 35 hours per week. Interns work alongside other interns, learn from experienced teammates and real estate leaders, and participate in company-wide and departmental meetings, events, and social, professional, and networking opportunities.

Requirements

• Progress toward a bachelor's degree.
• Strong problem-solving skills and a desire to apply them meaningfully.
• Intellectual curiosity and a willingness to learn about all aspects of the business and new tools and skills.
• Excellent time-management and organizational abilities.
• Diligent work ethic and desire to work in a fast-paced environment balancing independent work and team collaboration.
• Strong analytical, research, financial modeling, and presentation skills using MS Excel and PowerPoint.
• Knowledge of financial modeling, cash-flow analysis, and sensitivity analysis using NPV and IRR.

Nice To Haves

• Coursework or a degree focus in Finance, Economics, Real Estate, or another quantitative or business-related field.

Responsibilities

• Assist the Development team with pre-development activities.
• Analyze proposed multifamily real estate developments that qualify for low-income housing tax credits.
• Collaborate on the underwriting, pursuit, closing, and delivery of multiple affordable housing projects.
• Assist the Vice Presidents of Development with special projects.

What This Job Offers

• Career Level: Intern