Job Location : New York,NY, USA
Responsibilities
The Summer Associate will be responsible for supporting all aspects of a development project including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, acquisition, project management and leasing.
* Conduct financial analysis and due diligence for new investment opportunities
* Assist with all aspects of development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction
* Support the team 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
* Perform research and analysis to benchmark trends in target markets by tracking rents, sales per SF, operating costs, competitive supply and expansion activity
* Minimize exposure and risk on various projects
* Effectively communicate relevant project information to superiors
Compensation:
* The hourly rate for this position is $70/hr
Qualifications
To be considered for the 2025 Summer Associate program, applicants must meet the following criteria:
* First year MBA or Master's student with a target graduation date of Spring 2026
* Actively pursuing a graduate degree in Real Estate
* A strong passion for real estate development
* 2+ years of relevant experience in corporate finance or real estate analysis
* Demonstrates clear and concise communication skills, both verbally and in writing
* Excellent quantitative and analytical skills; with advanced proficiency in Microsoft Excel
* Exhibits a strong understanding of technical skills and job specific knowledge
* Self-starter with a proactive approach to tackling tasks and challenges
* Ability to navigate ambiguity and adapt to new challenges in a dynamic work environment
Related is not offering visa sponsorship for this position.
Please note that we review each application thoroughly. Unfortunately, due to a high volume of applicants, we cannot respond to everyone. If your qualifications match our needs, we will contact you directly about the summer internship program.
Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards.
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Overview
Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan's West Side.
Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.
Program Overview:
Our formal 10-week internship programs provide students with the opportunity to work on critical projects integral to our team's success. Interns work alongside some of the best minds in Real Estate, in an innovative, fast-paced environment and are expected to approach tasks and projects with dedication and initiative. Our internship program connects students with industry leaders and provides foundational real estate knowledge through a speaker series and networking events. We focus on accelerating growth with hands-on professional development and training. Recognizing that real estate thrives on relationships, we create an engaging experience with volunteering, portfolio tours, and intern led activities, all designed to build collaboration and a connected cohort.