Summer Real Estate Internship Program - Revenue Management
About The Position
Pyramid Management Group, LLC, headquartered in Syracuse, NY, is the largest privately held developer, owner and manager of retail shopping centers in the Northeast. We are an entrepreneurial, forward thinking organization and a top tier company in our field. We are looking for motivated individuals for our 2027 Summer Internship Program. This internship focuses on Revenue Management, where interns will perform lease administration functions for assigned regional centers. This includes understanding key lease provisions related to commencement dates, charges, expense recovery, percentage rent, assignment/sublet rights, defaults, sales reporting, co-tenancy, termination rights, holdover rent, renewal options, operating covenants, notice addresses, common area rights, and managing collection efforts. Interns will also prepare monthly reforecasts for all lease-generated revenues.
Requirements
- Outstanding professional appearance and manner, with great people skills.
- Outgoing, competitive, analytical, self-motivated, well organized, and highly energetic.
- Exceptional verbal and accurate written communication skills.
- Nearing completion of a bachelor's degree in business administration or related.
- Proficient in Microsoft Excel.
Responsibilities
- Perform lease administration functions for assigned regional center.
- Thoroughly and completely understand the key provisions of tenant shopping center leases, especially as relates to complex term commencement date, fixed charge, expense recovery, percentage rent, assignment/ sublet rights and obligations, events of default and breach of lease, tenant sales reporting terms, co-tenancy requirements, tenant/ landlord performance termination rights, holdover rent, renewal options, operating covenants, notice addresses, common area rights, etc.
- Manage collection efforts for assigned regional center.
- Prepare monthly reforecasts for all lease generated revenues.
Benefits
- Paid internship
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What This Job Offers
Career Level
Intern
