2027 Summer Associate, Real Estate Development
About The Position
The Summer Associate will be responsible for supporting all aspects of a development project including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, acquisition, project management and leasing. The role involves conducting financial analysis and due diligence for new investment opportunities, assisting with financing, entitlement/government approvals, public relations, design, leasing/marketing, and construction. The associate will also support the team in preparing business plans, including annual operating plans, financial forecasts, and strategic plans. Additionally, the role requires managing detailed municipal filings for various development-related programs, monitoring construction costs, budgeting, and timelines, performing research and analysis to benchmark market trends, and minimizing project exposure and risk. Effective communication of project information to superiors is essential.
Requirements
- First year MBA or Master’s student with a target graduation date of Spring 2028
- Actively pursuing a graduate degree in Real Estate
- A strong passion for real estate development
- 2+ years of relevant experience in corporate finance or real estate analysis
- Demonstrates clear and concise communication skills, both verbally and in writing
- Excellent quantitative and analytical skills; with advanced proficiency in Microsoft Excel
- Exhibits a strong understanding of technical skills and job specific knowledge
- Self-starter with a proactive approach to tackling tasks and challenges
- Ability to navigate ambiguity and adapt to new challenges in a dynamic work environment
Responsibilities
- Conduct financial analysis and due diligence for new investment opportunities
- Assist with all aspects of development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction
- Support the team in preparing business plans, including annual operating plans, financial forecasts and strategic plans
- Manage detailed municipal filings for various development related programs, such as municipal financing applications and real estate tax abatements
- Monitor construction costs, budgeting, and the timeline of deliverables
- Perform research and analysis to benchmark trends in target markets by tracking rents, sales per SF, operating costs, competitive supply and expansion activity
- Minimize exposure and risk on various projects
- Effectively communicate relevant project information to superiors
Benefits
- The hourly rate for this position is $70 per hour
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What This Job Offers
Job Type
Full-time
Career Level
Intern
