Real Estate Development Intern - Finance - Providence 2027

Overview

Gilbane Development Company is seeking a bright, eager intern candidate to support its finance and development teams. This Real Estate Development Intern will focus on a handful of core responsibilities across finance and in two of the company’s verticals (Student Housing and Market Rate Housing).   Term: Position of a limited term, Summer 2027. The position will be onsite located at the Providence, RI office. Note: A housing allowance for temporary relocation is not available for this internship.

Responsibilities

- Update market summaries for targeted development areas, identifying details of new deals coming to the market. - Update database capturing tap/impact/permit fees, taxes, etc. for each jurisdiction in which we are currently doing business, as well as those which we have targeted for future growth. - Assist the development team with due diligence tasks related to project-specific underwriting. - Support the deal flow and approval process, assisting with preparation for (and attending) weekly deal committee meetings. - Assist with gathering historical data to populate development software platform. - Assist other department development analysts as needed.

Qualifications

EXPERIENCE/EDUCATION - Currently enrolled in a graduate program or bachelor's degree program, or completed a bachelor's degree in Finance, Real Estate, or a similar major. - Prior experience with commercial real estate 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 Excel. - Knowledge of basic real estate concepts including cap rates, IRR, NPV and Yield on Cost. - 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 - $27.00 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.