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As a Real Estate Development Intern, you will work closely with our development team, gaining exposure to aspects of the real estate development lifecycle, including site acquisition, financial analysis, permitting, design, deal making, construction, and marketing. This position offers the opportunity to develop critical skills in real estate analysis, negotiations, project management, and urban planning by working on real deals in our pipeline.
Key Responsibilities:
- Assist in the financial analysis of potential development projects, including market research, cost estimations, and proforma modeling.
- Support the due diligence process by researching zoning, land use, and environmental requirements.
- Collaborate with team members in preparing presentations and reports for clients, investors, and stakeholders.
- Monitor project timelines, budgets, and documentation to ensure milestones are met.
- Help track project progress through site visits and coordinating with contractors, architects, and other team members.
- Assist with preparing applications for permits and other regulatory approvals.
- Conduct market research on industry trends, competitor activity, and local market conditions.
- Attend meetings with clients, stakeholders, and local government officials as needed.
Qualifications:
- Currently pursuing an advanced degree in Real Estate, Urban Planning, Business, Finance, or a related field.
- Strong interest in real estate development.
- Basic knowledge of real estate principles, including finance, construction, and market trends.
- Proficient in Microsoft Office Suite (Excel, PowerPoint, Word).
- Strong communication skills, both written and verbal.
- Ability to work independently and collaboratively in a team environment.
- Detail-oriented with excellent organizational skills.
Preferred Skills:
- Prior experience in real estate, design or construction.
- Knowledge of local real estate market.
- Familiarity with financial modeling and investment analysis.
Source: Avalon Bay Career Page
