2027 Summer Analyst, Related Midwest Affordable

RELATED; Chicago (IL); On-site; USD 51,000 - 73,000; Full time

Job summary

Related Midwest, the Chicago office of Related Companies, offers a Summer Analyst program focused on affordable real estate acquisitions and development. The role involves financial analysis, site due diligence, and community engagement to support strategic investments in Chicago’s affordable housing portfolio.

The position targets current undergraduates, with a December 2027–June 2028 graduation window, and emphasizes strong Excel and quantitative skills, clear communication, and a proactive,

Qualifications

• Current undergraduate junior with a target graduation date between December 2027-June 2028.
• A strong passion for real estate development.
• Excellent quantitative and analytical skills; with Excel.
• Exhibits an understanding of technical skills and job-specific knowledge.
• Clear and concise communication skills, both verbally and in writing.
• Self-starter with a proactive approach to tackling tasks and challenges.
• Ability to navigate ambiguity in a dynamic environment.
• Pursuing a bachelor's in Finance, Real Estate Finance or Real Estate Development.
• Resume must include expected graduation month/year and GPA.

Responsibilities

• Perform financial underwriting analysis and due diligence for new affordable acquisition investment opportunities.
• Assist with tax credit applications for the City of Chicago and/or IHDA.
• Track rehab progress on ongoing processes.
• Conduct site visits and assist with asset management of existing portfolio.
• Evaluate operations of properties in our portfolio to provide recommended avenues for improvement.

Skills

Quantitative skills

Excel

Communication

Self-starter

Ambiguity tolerance

Education

Real estate finance degree

Tools

Excel

Job description

Responsibilities

The Summer Analyst will support the Related Midwest Affordable team be involved in all aspects of affordable real estate acquisitions and development including financial analysis and modeling, site acquisition, due diligence, legal document review and negotiation, and community and resident engagement. The Associate will prepare detailed financial analyses and models including those for transaction underwriting and will provide key takeaways to business units.

• Perform financial underwriting analysis and due diligence for new affordable acquisition investment opportunities
• Assist with tax credit applications for the City of Chicago and/or IHDA
• Track rehab progress on ongoing process
• Conduct site visits and assist with asset management of existing portfolio
• Evaluate operations of properties in our portfolio to provide recommended avenues for improvement

Compensation

The hourly rate for this position is $45 per hour

Qualifications

Related's Summer Analyst Program aims to train and evaluate the next generation of leaders. To be considered for the 2027 Summer Analyst program, applicants must meet the following criteria:

• Current undergraduate junior with a target graduation date between December 2027-June 2028
• A strong passion for real estate development
• Excellent quantitative and analytical skills; expertise with excel
• Exhibits a strong understanding of technical skills and job specific knowledge
• Demonstrates clear and concise communication skills, both verbally and in writing
• Self-Starter with a proactive approach to tackling tasks and challenges
• Ability to navigate ambiguity and adapt to new challenged in a dynamic environment
• Actively pursuing a bachelor's degree in Finance, Real Estate Finance or Real Estate Development
• Resume must include expected graduation month/year and GPA

Related is not offering visa sponsorship for this position.

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 $100 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.

Related Midwest, the Chicago office of Related Companies, is the preeminent developer of mixed-use properties, affordable housing communities, and luxury condominium and rental homes across Chicago. The company commands a portfolio of residential, mixed-use and master-planned properties, including pioneering projects like The 78 where the company is heading a transformational development on 62 acres in the heart of downtown Chicago to create the city’s next great neighborhood. Related Midwest is also one of the largest developers of affordable housing in the Midwest, with more than 10,000 units owned and managed.

The firm's other market-defining projects include ultra-luxury residential tower One Bennett Park, designed by Robert A.M. Stern Architects, with adjacent park by Michael Van Valkenburgh Associates; Fulton Market’s 900 Randolph, the first high-rise in Chicago co-built by a Black-owned general contractor; luxury rental towers 500 Lake Shore Drive and One Eleven; Lathrop, an ongoing restoration and redevelopment of the historic Julia C. Lathrop Homes into a mixed-income community; 400 Lake Shore Drive, two residential towers situated where the river meets the lake in Chicago, and Roosevelt Square, an innovative 120-acre multi-phase development on Chicago’s west side.

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. #RMW #LI-RB1 #Onsite