Real Estate Development Intern: Pro Forma & Budget Focus

GGP

Chicago (IL)

On-site

USD 30,000 - 33,000

Full time

36 hours ago
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Benefits offered by this job

Medical benefits
Dental benefits
Vision benefits
401(k) company matching
Career development
Donation matching
Paid time off
Volunteer hours
Parental leave
Family planning
Wellness resources
Pet insurance
Childcare assistance
Commuter benefits

Job summary

GGP in Chicago, IL, is offering an internship in Development to work with leadership up to the Chief Development Officer on project-based assignments. You will support proforma prep, budgeting for the development pipeline, and evaluation of investment decisions while coordinating multiple budgets and reporting tasks.

The role emphasizes analytical research, collaboration with senior leaders, and exposure to real estate development finance in a large retail portfolio.

Qualifications

  • HS diploma or GED required.
  • Enrollment in college/university with graduation between Dec 2027 and May 2028.
  • Self-motivated with strong organizational and communication skills.

Responsibilities

  • Accurately coordinates and assembles project financial reporting as required, including proforma updates, partner reporting, draw requests, internal and external company reporting and additional tasks as assigned
  • Assists Developers with proforma preparation, monitors and verifies the integrity and accuracy of the development proformas; monitors and evaluates investment decisions throughout the project
  • Assists Development Managers with all budgets, including corporate departmental budgets and capital planning for the development pipeline
  • Assists with the completion of the implementation and enhancement initiatives, as well as identify future needs
  • Evaluates economics on leasing deals and anchor agreements, focusing on the impact to project returns
  • Communicate and present to Sr Leadership analytical and research findings supporting retail development pipeline

Skills

HS diploma or GED
College enrollment
Self-motivated
Organizational skills
Interpersonal skills
Written & verbal communication
Multi-project coordination
Team oriented

Education

HS diploma or GED

Job description

GGP in Chicago, IL, is offering an internship in Development to work with leadership up to the Chief Development Officer on project-based assignments. You will support proforma prep, budgeting for the development pipeline, and evaluation of investment decisions while coordinating multiple budgets and reporting tasks.

The role emphasizes analytical research, collaboration with senior leaders, and exposure to real estate development finance in a large retail portfolio.

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