Real Estate Development Intern - P3 - NYC/Providence 2027

Gilbane Building Company; Providence (RI); On-site; USD 33,000 - 43,000; Full time

Job summary

Gilbane Building Company is seeking a Real Estate Development Intern for 2027 Summer, supporting its P3 development team in NYC or Providence. Responsibilities include financial modeling, due diligence, and drafting responses to public procurements while coordinating with government agencies and partners.

The role focuses on origination, pre-development work, and documentation for closings across social infrastructure projects, with a collaborative, learning-driven environment.

Qualifications

• Familiarity with financial modeling concepts and tools.
• Interest in project finance, public finance and infrastructure.
• Strong written and verbal communication skills.

Responsibilities

• Prepare and analyze financial models for potential projects.
• Support origination and pre-development activities in P3 deals.
• Assist with responses to public procurements and RFIs/RFPs.
• Compile documentation for financial closings and project reports.
• Coordinate with state agencies, higher education institutions, and partners.
• Help track budgets and performance against projections.
• Maintain P3 development databases and related docs.

Skills

Financial modeling

Municipal bonds

Interpersonal skills

Written & verbal communication

MS Office

Attention to detail

Team collaboration

Education

Bachelor’s or graduate program in Finance/Economics/Real Estate/Accounting/Engineering

Tools

Microsoft Office

Job description

Real Estate Development Intern - P3 - NYC/Providence 2027

Job Locations: US-NY-New York | US-RI-Providence

Term: Position of a limited term, Summer 2027. The position will be located at either the New York City, NY or Providence, RI office.

Overview

Gilbane Development Company is seeking bright, eager intern candidates to support its Public-Private Partnerships (P3) development team. The Public-Private Partnerships (P3) Development Intern will focus on a handful of core responsibilities within the P3 platform. The P3 Development Intern will support Analysts, Associates, Development Managers, and Directors of Development across all phases of the project delivery process with a particular focus on origination and pre-development activity. Responsibilities will include preparing and updating project finance models, conducting due diligence, assisting in drafting of responses to public procurements, assembling documentation for financial closings, preparation of project reports, budget preparation/tracking, and coordination with various project teaming partners, including state and municipal governmental agencies, secondary and higher education institutions, and other quasi-government entities.

Responsibilities

• Financial modeling and analysis related to proposed projects and developing potential financing solutions in coordination with Gilbane's lenders and financing partners
• Assist Gilbane's marketing and proposals team with crafting responses to project procurements (RFIs, RFQs, RFPs, etc.)
• Conduct research and analyze quantitative and qualitative data to assist in the assessment of new opportunities across various asset types within the social infrastructure space
• Communicate and help cultivate relationships with internal and external stakeholders of Gilbane's P3 projects
• Evaluate and track the performance of completed projects against benchmarks, hurdles, and original underwriting projections
• Assist development teams with all required due diligence leading to financial closings, including the review and analysis of legal documents, financial reports, and operating plans
• Maintain and improve the P3 development team's databases

Qualifications

Experience/Education

• Currently enrolled in a graduate program or bachelor's degree program, or completed a bachelor's degree in Finance, Economics, Real Estate, Accounting, or Engineering discipline.
• Familiarity with the municipal bond market and bond financing concepts considered a plus
• Prior experience or evidenced interest in project finance, public finance and infrastructure preferred.
• Intellectually curious with an interest in issues related to government, secondary and higher education, and public infrastructure.
• Or equivalent combination of education and experience.

Knowledge, Skills & Abilities

• Some experience with the use of financial modeling tools.
• Fundamental understanding of financial concepts such as municipal bond yields, IRR, and NPV
• Strong interpersonal skills (while collaborating with a diverse group of individuals).
• Excellent written and verbal communication skills.
• Proficient in the use of Microsoft Office.
• 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 - $31.00 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 Aff...

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.