Intern, Development, Related California Residential - Graduate

US-CA-Irvine
Job ID
2186
Function
Development
18201 Von Karman Avenue

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

Related California is a fully‐integrated affiliate of the Related Companies with a 25‐year track record delivering top‐quality, mixed‐income housing and mixed‐use developments across California. The company has completed more than 14,000 residences and currently has more than 2,500 affordable and 4,500 market rate units in pre‐development or under construction. Related has a track record of consistently developing communities that exceed industry benchmarks in design, construction,sustainability and property management.

 

The Summer Development MBA intern will assist the project team in all phases of a ground‐up development project and underwriting of new business opportunities.

  • Support the Project Manager in all aspects of ground up development
  • Assist team in underwriting new development projects, including market research, competitive
  • analysis, zoning analysis, operating expense review, construction cost analysis and all elements
  • of pro forma financial analysis
  • Track and maintain thorough market knowledge for existing developments
  • Prepare investment memoranda and project update memoranda
  • Prepare financial models

Qualifications

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

  • Financial modeling experience is a requirement.
  • Minimum three (3) years of real estate or investment banking experience
  • Strong Excel modeling skills
  • Authorization to work permanently in the U.S.

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