Real Estate Development Intern
2 weeks ago
Gilbane Development Company is seeking bright, eager intern candidates to support its Public-Private Partnerships (P3) development team.
The Public-Private Partnerships (P3) Development Intern will focus on a handful of core responsibilities within the P3 platform. The P3 Development Intern will support analysts, associates, development managers, and Directors across all phases of the project delivery process. Responsibilities will include preparing and updating project finance models, conducting due diligence, assisting in drafting of responses to public procurements, assembling documentation for financial closings, preparation of project reports, budget preparation/tracking, and coordination with various project teaming partners, including state and municipal governmental agencies, secondary and higher education institutions, and other quasi-government entities.
Term: Position of a limited term, Summer 2026. The position will be located at either the New York City, NY or Providence, RI office.
Responsibilities
- Financial modeling and analysis related to proposed projects and developing potential financing solutions in coordination with Gilbane's lenders and financing partners
- Assist Gilbane's marketing and proposals team with crafting responses to project procurements (RFIs, RFQs, RFPs, etc.)
- Conduct research and analyze quantitative and qualitative data to assist in the assessment of new opportunities across various asset types within the social infrastructure space
- Communicate and help cultivate relationships with internal and external stakeholders of Gilbane's P3 projects
- Evaluate and track the performance of completed projects against benchmarks, hurdles, and original underwriting projections
- Assist development teams with all required due diligence leading to financial closings, including the review and analysis of legal documents, financial reports, and operating plans
- Maintain and improve the P3 development team's databases
Qualifications
EXPERIENCE/EDUCATION
- Currently enrolled college student concentrating in Finance, Economics, Real Estate, or related major.
- Prior experience with project finance or delivery, preferred.
- Or equivalent combination of education and experience.
KNOWLEDGE, SKILLS & ABILITIES
- Some experience with the use of financial modeling tools.
- Strong interpersonal skills (while collaborating with a diverse group of individuals).
- Excellent written and verbal communication skills.
- Proficient in the use of Microsoft Office.
- Willingness to assist in all areas of specific responsibilities as noted herein.
- Superior attention to detail and organizational abilities.
#LI-DNP
Salary to be determined based on factors such as geographic location, skills, education, and/or experience of the applicant, as well as the internal equity and alignment with the team.
The pay ranges from $24.00 - $31.00 per hour.
Gilbane offers an excellent total compensation package which includes competitive health and welfare benefits and a generous profit-sharing/401k plan. We invest in our employees' education and have built Gilbane University into a top training organization in the construction industry. Qualified applicants who are offered a position must pass a pre-employment substance abuse test.
Gilbane is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, color, national origin, race, religion, sex, sexual orientation, gender identity, protected veteran status, or disability status.
Note to Recruiters, Placement Agencies, and Similar Organizations: Gilbane does not accept unsolicited resumes from agencies. Please do not forward unsolicited agency resumes to our jobs alias, website, or to any Gilbane employee. Gilbane will not pay fees to any third party agency or firm and will not be responsible for any agency fees associated with unsolicited resumes. Unsolicited resumes received will be considered property of Gilbane and will be processed accordingly.
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