Real Estate Development Internship (Summer 2027)

Lincoln Avenue Communities; Santa Monica (CA); On-site; USD 71,635,000 - 91,693,000; Full time

Job summary

Lincoln Avenue Communities in Santa Monica is offering a Summer Analyst internship on the Development team to launch a career in affordable multifamily real estate. You'll work side-by-side with experts in acquisitions, rehabilitation, refinancing, and ground-up development.

From day one, you’ll gain hands-on experience, structured training, and exposure to live projects making a meaningful impact nationwide.

Qualifications

• Foundational knowledge of real estate with interest in affordable housing.
• Proficiency in real estate financial modeling and analysis.
• Self-starter with ability to own responsibilities and work in a team.
• Excellent time management and communication in a fast-paced setting.

Responsibilities

• Collect and analyze due diligence materials.
• Evaluate market supply, demand, and economic trends.
• Build and maintain financial models to support project analysis.
• Present recommendations to LAC’s Investment Committee.
• Track and update project details in the internal project management system.
• Coordinate and monitor delivery of third-party reports, site visits, and vendor communications.
• Participate in deal team meetings, capturing notes and action items.
• Support various ad hoc projects across the Development team.

Skills

Real estate basics

Financial modeling

Communication skills

Self-starter

Time management

Education

Enrolled college student

Tools

Real estate modeling

Job description

About Lincoln Avenue Communities

Welcome to Lincoln Avenue Communities (LAC), a leading, mission-driven real estate private equity firm dedicated to strengthening communities through the development and preservation of affordable housing.

As a vertically integrated developer, investor, and long-term operator, we deliver sustainable, high-quality homes to lower- and moderate-income individuals, seniors, and families across 30 states. Our growing portfolio—more than 200+ properties and 35,000+ homes—reflects our commitment to long-term impact, operational excellence, and resident well-being.

LAC is proud to be recognized as an industry leader, recently ranked No. 1 on Affordable Housing Finance’s AHF 50 list of top developers. Our approach combines strategic investment, thoughtful design, and community partnerships to deliver housing solutions that foster stability, opportunity, and resilience.

Our Internship Program & About This Role

Lincoln Avenue Communities (LAC) is seeking driven Summer Analysts to join our Development team in Santa Monica. This internship program is designed to help you launch a career in affordable multifamily real estate by working side-by-side with experts in acquisitions, rehabilitation, refinancing, and ground-up development.

As a Summer Analyst, you’ll be part of a collaborative team dedicated to creating and preserving affordable housing communities nationwide. From day one, you’ll gain hands‑on experience, structured training, and exposure to live real estate projects that make a meaningful impact in communities across the country.

Our internship is carefully designed to balance professional development with practical experience. Through mentorship, project-based learning, and opportunities to contribute in a dynamic team environment, you’ll be supported as you grow, learn, and explore your potential in real estate development.

Each year, we refine the program to ensure interns leave with:

• Technical skills that translate directly to a career in real estate development
• Valuable relationships with mentors and peers
• A clear understanding of the affordable housing industry and its challenges

Deadline to Apply: Sunday, September 20th

Program Details

• Duration: 10 weeks | Monday, June 7 – Friday, August 13
• Who We’re Looking For: Current college seniors graduating in Spring 2027 and rising seniors with an expected graduation date of Spring 2028.
• Work Structure: Full-time (5 days in the office)
• Pay: Undergraduate Students ($25/hr) | Graduate-level Students ($32/hr)
• Housing/Living Stipends: Students residing outside of Los Angeles County are eligible for a living stipend and/or student housing paid for by LAC

What You’ll Do

As a Summer Analyst, you will:

• Collect and analyze due diligence materials
• Evaluate market supply, demand, and economic trends
• Build and maintain financial models to support project analysis
• Present recommendations to LAC’s Investment Committee
• Track and update project details in the internal project management system
• Coordinate and monitor delivery of third-party reports, site visits, and vendor communications
• Participate in deal team meetings, capturing notes and action items
• Support various ad hoc projects across the Development team

What We’re Looking For

This role requires a unique blend of financial expertise, strong communication skills, and a genuine passion for real estate development. The ideal candidate is eager to take on a wide range of responsibilities, learn the core fundamentals of the Affordable Housing industry, and grow into a well-rounded real estate professional.

The ideal candidate will bring:

• Foundational knowledge of real estate, with familiarity in multifamily affordable housing considered a strong plus
• Technical proficiency in real estate financial modeling and the ability to apply analytical skills to complex projects
• A self-starter mindset, able to operate independently while taking full ownership of responsibilities and contributing effectively within a team environment
• Excellent time management and communication skills, with the ability to prioritize competing demands in a fast-paced setting
• A strong work ethic and drive for excellence, consistently striving to perform at the highest level