Intern - LMDP Development (LMDP Development)

Recruitment Team•New York, NY

About The Position

At L+M Development Partners, working together to build stronger communities is our mission. Our double bottom line philosophy means that we measure success not only in financial returns but also by the positive impacts we make in the communities we serve. Founded in 1984, L+M is a full-service real estate development firm that develops, invests, constructs, and manages properties with industry-leading innovation in a variety of urban markets nationwide, primarily in the New York Tristate Area. Recognized as one of the top affordable housing developers in the country, L+M and its affiliate companies are responsible for approximately $20 billion in development and investment, and combined have over 57,000 high-quality residential units in construction or that have been acquired, preserved, or completed. Please visit our website for more information: http://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/mission-and-values/ What You’ll Do As the Development Intern as part of the NY Affordable team, you will work on new construction affordable projects in the NYC area. Our summer interns are expected to work independently and collectively, as part of a team. An understanding of real estate finance is required (and successful applicants may be asked to demonstrate this through a brief exercise). L+M offers a comprehensive intern program. During the ten-week program, interns will gain exposure to the industry, tour several jobsites, and make a presentation on lessons learned to senior management. Specific duties will vary depending on the team but include tasks similar to these:

Requirements

Must be 18 years of age or older college student.
Pursuing graduate degree in real estate, finance, urban planning, architecture, or similar field.
Excellent communication and interpersonal skills (written & verbal), must be comfortable speaking and interacting directly with the public.
Strong interest in community building with an understanding of complex systems and structures that promote social and economic equity.
Proficient in Microsoft Office Suite.
An understanding of real estate finance is required (and successful applicants may be asked to demonstrate this through a brief exercise).

Nice To Haves

Real Estate Development majors a plus.

Responsibilities

Collecting due diligence materials
Reviewing legal documents including commercial leases & LOIs
Financial analysis of a project or property
Coordinating meetings and project teams
Assisting with Request for Proposal (RFP) responses
Assisting with community planning efforts, and the development and facilitation of outreach activities
Site visits and market analysis