Development Intern - North Central (NJ)

Rockefeller Group • Morristown, NJ

36d • Onsite

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 materials. 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 at the North Central Development department in our Morristown, NJ. Housing and transportation is the responsibility of the candidate Summary of Key Duties and Responsibilities: Conduct market research focused on demographics, supply/demand, labor, 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 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 deals Perform other duties as assigned Education Requirements: Candidate for a bachelor’s degree entering junior or senior year. Major in real estate, finance or business is preferred. Experience / Knowledge / Skills Requirements: 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 Excellent management skills required Excellent computer skills are required. Knowledge of relevant operations software such as Word, Excel, PowerPoint, etc. Rockefeller Group offers a competitive benefits package. Please click here to view a comprehensive list of benefits. The position description is a guide to the critical duties and essential functions of the job, not an all-inclusive list of responsibilities, qualifications, physical demands and work environment conditions. Position descriptions are reviewed and revised periodically to meet the changing needs of the Company at the sole discretion of management. Position responsibilities are subject to change, consistent with business needs. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions unless this causes undue hardship to the Company. Rockefeller Group International, Inc. and its subsidiaries are equal opportunity employers and comply with all federal, state and local equal employment opportunity laws. Our aim is to continue to recruit and retain a diverse workforce that promotes inclusiveness and emphasizes individual initiative, continuous improvement and teamwork to deliver the highest quality real estate and services throughout the United States. Rockefeller Group develops, owns and operates extraordinary properties across the United States. For nearly a century, the company has delivered exceptional experiences and value creation through our dedication to quality in the built environment. We take pride in being innovative, positive and passionate about everything we do, promoting a culture of confidence and encouraging our employees to take intelligent risks. We constantly look for new ways to collaborate and strengthen the bonds between employees and the company, one another, and with clients, partners and the greater community. This spirit challenges us to live up to our mission and makes Rockefeller Group a truly special place to work. When our employees are at their best, so is Rockefeller Group. That’s why we provide competitive compensation, attractive benefits and a healthy work/life balance.

Requirements

• 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
• Excellent management skills required
• 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, labor, 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
• 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 deals
• Perform other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Number of Employees: 251-500 employees