Part Time Intern - Development Associate

Related • San Francisco, CA

31d • $40 - $50 • Onsite

About The Position

Related California is seeking a part-time, short term Development Intern / Associate for its Northern California Affordable Housing Division, located in San Francisco, CA. The Development Intern / Associate will be responsible for supporting the team in various aspects of their projects potentially including new business, entitlements, due diligence, design, contracting, financing applications, financial transactions, construction, and lease-up. This support position will provide the candidate with the exposure to various aspects of the affordable housing development process.

Requirements

• The ideal candidate is 1st or 2nd year student working toward their MBA, MCP, MCP/MPH, JD, MARCH, MRED or similar
• Minimum 1-2 years of relevant experience in real estate or finance
• Strong quantitative, analytical and financial modeling skills
• Strong MS Excel and PowerPoint skills are a prerequisite
• Organized and keen attention to detail with an ability to manage multiple deadlines, tasks and assignments
• A thoughtful analyst with strong intellectual curiosity and motivation to advance as an affordable housing professional
• Suitability to a fast-paced environment and an entrepreneurial culture that places a premium on performance
• Must be a team player but also a self-starter that can perform with limited direction
• Excellent written and verbal communication skills

Responsibilities

• Support project teams on various aspects of the development process with a strong emphasis on providing operational assistance with preparing funding applications and the closing process.
• Assist with preparation of budgets and schedules, cash flow projections, deal memorandums, contracts, financial forecasts and strategic
• Compile due diligence materials including physical, financial, market, demographic, and regulatory data
• Assist with the closing process for real estate transactions including acquisition, construction loan closing and conversion.
• Participate in deal sourcing (on and off-market opportunities, RFP/Qs), evaluation and analysis, and early phase development activities.
• Engage in financial modeling and presentations using a range of capital structures and financing tools unique to affordable housing
• Handle matters relating to time sensitive material and meet multiple deadlines. Inform project team of project status and issues that may impact timelines.

What This Job Offers

• Job Type: Part-time
• Career Level: Intern