Development Intern
4 weeks ago
General Summary:
Assists the development team with tasks and assignments related to the real estate development process including market research, underwriting analysis, zoning analysis, site design, and creation of marketing collateral. The intern may assist with market analysis, underwriting a potential acquisition deal, obtaining comparable project data, or assisting with the marketing and lease-up of an existing project.
This full-time (33 -35 hours/week) internship opportunity will be performed in the North Central Development department in our Morristown, NJ office.
Summary of Key Duties and Responsibilities:
- Conduct market research focused on demographics, supply/demand, job, and population growth, and display the output of the research in a geographic context. i.e., heat maps, target areas by zip code, transportation drive time radius etc.
- Assisting Development Team to manage construction completion of new project
- Supporting Development Team to manage project budget and financial reporting
- Data collection and synthesis of relevant real estate metrics for competitive projects including building attributes, vacancy, absorption, leasing velocity, and delivery dates
- Researching and sourcing off market development sites using databases
- Assisting with analysis on new deal underwriting
- Due diligence review of potential new deal
- Perform other duties as assigned
- Candidate for a bachelor's degree entering junior or senior year. Major in finance, real estate or business is preferred.
- Demonstrated interest in real estate and the desire to work in the real estate industry post-graduation
- Possess analytical abilities
- Must be a self-starter and can work independently
- A motivated and cooperative attitude
- Must have attention-to-detail and excellent organizational skills
- Possess excellent oral and written communication skills
- Must have good time management skills
- Excellent computer skills are required. Knowledge of relevant operations software such as Word, Excel, PowerPoint, etc.
Rockefeller Group offers a competitive benefits package. Please click here to view a comprehensive list of benefits.
The position description is a guide to the critical duties and essential functions of the job, not an all-inclusive list of responsibilities, qualifications, physical demands and work environment conditions. Position descriptions are reviewed and revised periodically to meet the changing needs of the Company at the sole discretion of management. Position responsibilities are subject to change, consistent with business needs. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions unless this causes undue hardship to the Company.
Rockefeller Group International, Inc. and its subsidiaries are equal opportunity employers and comply with all federal, state and local equal employment opportunity laws. Our aim is to continue to recruit and retain a diverse workforce that promotes inclusiveness and emphasizes individual initiative, continuous improvement and teamwork to deliver the highest quality real estate and services throughout the United States.
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