Development Intern - Rocky Mountain

Rockefeller GroupDenver, CO
5dOnsite

About The Position

Our people make all the difference in our success. We value innovation, teamwork and collaboration, and welcome passionate, results-oriented professionals to apply for our open positions. General Summary: Assists the development team with tasks and assignments related to the real estate development process including market research, underwriting analysis, zoning analysis, site design, and creation of marketing collateral. The intern may assist with market analysis, underwriting a potential acquisition deal, obtaining comparable project data, or assisting with the marketing and lease-up of an existing project. This full-time (33 -35 hours/week) internship opportunity will be performed in-office in Denver. Housing and transportation is the responsibility of the candidate. Summary of Key Duties and Responsibilities: Conduct market research focused on demographics, supply/demand, job, and population growth, and display the output of the research in a geographic context. i.e., heat maps, target areas by zip code, transportation drive time radius etc. Assisting Development Team to manage construction completion of new project Visitation of project sites in conjunction with other team members Supporting Development Team to manage project budget and financial reporting Data collection and synthesis of relevant real estate metrics for competitive projects including building attributes, vacancy, absorption, leasing velocity, and delivery dates Researching and sourcing off-market development sites using databases Assisting with analysis on new deal underwriting Due diligence review of potential new deal Perform other duties as assigned

Requirements

  • Candidate for a bachelor’s degree entering junior or senior year. Major in finance, real estate or business is preferred.
  • Demonstrated interest in real estate and the desire to work in the real estate industry post-graduation
  • Possess analytical abilities
  • Must be a self-starter and can work independently
  • A motivated and cooperative attitude
  • Must have attention-to-detail and excellent organizational skills
  • Possess excellent oral and written communication skills
  • Must have good time management skills
  • Excellent computer skills are required. Knowledge of relevant operations software such as Word, Excel, PowerPoint, etc.

Responsibilities

  • Conduct market research focused on demographics, supply/demand, job, and population growth, and display the output of the research in a geographic context. i.e., heat maps, target areas by zip code, transportation drive time radius etc.
  • Assisting Development Team to manage construction completion of new project
  • Visitation of project sites in conjunction with other team members
  • Supporting Development Team to manage project budget and financial reporting
  • Data collection and synthesis of relevant real estate metrics for competitive projects including building attributes, vacancy, absorption, leasing velocity, and delivery dates
  • Researching and sourcing off-market development sites using databases
  • Assisting with analysis on new deal underwriting
  • Due diligence review of potential new deal
  • Perform other duties as assigned
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