Intern - Real Estate Development (Data Centers)

Providentβ€’Dallas, TX
20dβ€’Onsite

About The Position

Are you passionate about shaping the future of real estate? Provident is on the lookout for a dynamic and motivated Real Estate Development Intern to join our innovative team. As part of the internship, you will work alongside a talented group of real estate development professionals who will provide learning experiences to enable you to develop a broad understanding of the commercial real estate development experience. The intern will contribute to best-in-class research, assist with day-to-day responsibilities, and contribute to Provident initiatives.

Requirements

  • Currently enrolled as a Senior or Graduate-level college student pursuing a degree in Real Estate Development, Finance, Economics, Construction Management, Community Development, or a related field.
  • A basic understanding of financial modeling and analysis commonly used in acquisition work, and general knowledge of relevant accounting principles.
  • Proficiency with Microsoft Office Suite including Word, Excel, Outlook, PowerPoint, and real estate databases.
  • Coachable, Driven, and Eager to learn.
  • Strong analytical, problem-solving, strategic planning, and project management skills.
  • Strong communication and interpersonal skills.
  • Ability to work independently and in a team environment.

Responsibilities

  • Assists with coordinating real estate development project tasks at all phases of the development process.
  • Conduct company, property, and industry-specific research.
  • Assists Business Development with all basic due diligence work on potential sites deemed generally viable for development purposes.
  • Provide support with current deals, including market surveys, proposal reviews and summaries, financial analysis.
  • Assists with identifying site acquisitions; arranges for due diligence evaluations (i.e. title, environmental clearances, entitlement, etc.).
  • Performs feasibility research on potential projects including pro forma analysis, market comparables, basic density assessments, and determining funding availability.
  • Assists with coordinating local government review and approval processes for real estate developments.
  • Collaborates with staff to ensure projects are completed on time and within budget constraints.
  • Follows through on questions and requests from outside parties for documents and information on specific projects and general information.
  • Manage multiple projects simultaneously.
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