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Employment Type:
Job Category:
Social Service
Development, Summer Internship Program 2019
(This job is no longer available)
Related Companies | Chicago, IL
Grad Date

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Job Description


At Related, our 10-week summer internship 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 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.


The Development Intern will be responsible for supporting the development team at New York Development 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 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


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

* 2 years of relevant experience in acquisitions or real estate analysis
* Real Estate focused degree/curriculum
* 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
* A strong passion for real estate development

Related Companies is an equal opportunity employer.

About Related Companies

For 40 years as an employer of choice and an owner manager of over 90% of our portfolio, Related offers a generous benefit package; technology that puts us ahead of the competition; and training and support systems that are unmatched. We deliver an exceptional level of respect-based customer service,  a commitment to sustainable practices, including the largest smoke free residential initiative in the industry;  and a focus on value enhancement that are  unparalleled.. We have a growing portfolio of real estate assets which are located in over 15 states. This makes us one of the largest and most diversified privately owned property management firms in the United States.


Related Management has set an exceptional performance benchmark for the responsive and professional management of both affordable and market rate communities. Our philosophy of management is anchored in the respect we have for the needs of our employees, our residents and our investors. We realize that to meet the needs of any of these we must address the needs of all three.


Tell us why you should be the next important member of our team who will help us deliver outstanding customer service in all areas of building maintenance and operations.