Real Estate Development Intern - Finance - Providence 2027

Gilbane Building Company; Providence (RI); On-site; USD 33,000 - 37,000; Full time

Job summary

Gilbane Building Company in Providence, RI is seeking a Real Estate Development Intern focused on Finance to support its finance and development teams for Summer 2027. The internship is onsite at the Providence office, with a housing allowance not provided.

Responsibilities include updating market summaries, maintaining the development database, assisting with due diligence and deal flow, and supporting historical data entry for the development software platform.

Qualifications

• 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.

Responsibilities

• Update market summaries for targeted development areas.
• 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.

Skills

Financial modeling

Microsoft Excel

Verbal communication

Written communication

Team collaboration

Education

Bachelor's degree in Finance or Real Estate

Graduate program enrollment or completed degree in Finance or Real Estate

Job description

Real Estate Development Intern - Finance - Providence 2027

Job Locations: US-RI-Providence

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.

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 Affimative 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.