Development Intern - Spring 2025

Job Description

As a Development Intern, you will report to the development analyst team. Your role will primarily consist of compiling, analyzing, and reporting data for student housing, build-to-rent, and/or multifamily development opportunities. In your role, you will be expected to make contributions that help inform the firm’s development decisions.

This is a part-time, on-site internship. The internship program will run from January 7, 2025, through April 25, 2025.

Reports to: Development Analysts

Duties/Responsibilities: The duties listed below are an outline of the Development Intern’s responsibilities and should not be considered an all-inclusive list. As the needs of the organization change, these duties may be modified as needed:

• Research market conditions and report/present quantitative data on rental rates, occupancy, pre-lease, demographics, supply, demand, and other market indicators in target markets.
• Assist in underwriting pro forma financial models for potential development opportunities. This includes but is not limited to general Excel modeling and conducting research on market rents, property taxes, and government fees.
• Assist in the preparation of investment memoranda and other presentations for equity and debt capital raising.
• Assist with the preparation of offers for land purchases and ground leases.
• Perform general research and financial analysis for deals in various stages of the development life cycle.

Preferred Knowledge, Skills, & Abilities:

• Enrolled in Bachelor’s or Master’s degree program in a relevant major with an excellent academic record and demonstrated interest in real estate.
• Succinct and effective written and oral communication skills.
• A motivated self-starter, problem solver, and team player.
• Strong organizational, interpersonal, analytical, and leadership skills.
• Computer skills in Microsoft Excel and PowerPoint.
• Familiarity with Google Earth Pro, AxioMetrics, ArcGIS Business Analyst, CoStar, College House, and Smartsheet a plus.
• Ability to accomplish assigned tasks with limited guidance and supervision.

Work Environment:

• The work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The noise level in the work environment is usually moderate.
• Travel: N/A

Physical Demands:

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl and talk or hear.
• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.

Landmark Properties is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.