Intern, Related California, Development

US-CA-San Francisco
Job ID
2070
Function
Development
44 Montgomery Street

Overview

At Related, summer internships offer students hands-on experience and a chance to work on challenging projects with some of the best minds in the business. The Related Internship Program not only places you within a specific project area, but also provides tours of our Manhattan portfolio, and exposes you to our multi-faceted lines of business through an outstanding executive speaker series.

This is an excellent opportunity for you to develop valuable contacts and obtain the type of hands-on experience that will benefit you as you make important career choices.

Responsibilities

The Development Intern will be responsible for supporting the development team in all aspects of their projects including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, and leasing. 

  • Perform financial analysis and due diligence for new investment opportunities
  • Assist the team in aspects of underwriting new development projects including market research, zoning analysis, operating expense review, construction cost analysis, and other items involved in completing a development proforma.
  • Assist with all aspects of a development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction
  • Assist 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
  • Research and analyses: Benchmark retail activity in target markets by tracking rents, sales per SF, operating costs, competitive supply and retailer expansion activity
  • Minimize exposure and risk on various projects
  • Effectively communicate relevant project information to superiors

Qualifications

Our ideal candidate will be a first year graduate student with the following skills:

  • Excellent quantitative and analytical skills; expertise with excel
  • Keen Attention to Detail
  • High Energy; Possessed with Drive
  • Strong Organizational Skills
  • Excellent professional demeanor with the ability to work with a wide range of levels of management
  • 2 years of relevant experience in corporate finance or real estate analysis
  • A strong passion for Real Estate Development
  • Real Estate focused degree/curriculum
  • Authorization to work permanently in the U.S.

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