Summer Rotational Intern

ARLP GS LLC; Town of Milton (NY); On-site; USD 32,000 - 39,000; Full time

Benefits offered by this job

401(k) Retirement Savings Plan

Lunch stipend

Pre-tax commuter savings

Shuttle service to Rye office

Mentorship program

Onsite property tours

Direct access to CEO

Job summary

Acadia Realty Trust in Rye, NY seeks a Summer Rotational Intern for a 10-week program providing cross-functional exposure to acquisitions, asset management, development and leasing of retail real estate.

Interns rotate in 2–3 week increments, guided by mentors and rotation leads, and deliver a capstone presentation to senior leadership. Onsite work and a structured learning path are offered.

Qualifications

• Must be enrolled in a college degree program at an accredited institution.
• Must have completed sophomore year of college.
• Pursuing a degree in a related area such as commercial real estate, finance, or business.
• Must be able to work onsite in Rye, NY for the full 10-week program.
• Ability to work 40 hours per week.
• Must have unrestricted work authorization in the US without a visa or sponsorship.

Responsibilities

• Rotate through four core teams (Acquisitions, Asset Management, Development, Leasing) over 10 weeks.
• Gain end-to-end exposure to sourcing, underwriting, managing, improving, and leasing retail real estate.
• Present a capstone project to senior leadership summarizing learnings across teams.

Skills

Excel

Financial modeling

MS Office

Communication

Tools

Argus

Excel

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Summer Rotational Intern

Rye, NY, US

Salary Range: $23.00 To $28.00 Hourly

Acadia Realty Trust (NYSE: AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors (“REIT Portfolio”), along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles (“Investment Management”). For further information, please visitwww.acadiarealty.com .

Acadia is seeking a qualified, highly motivated intern to join its Summer Rotational Internship Program, a 10-week experience designed to give a small group of top candidates cross-functional exposure to the full lifecycle of a commercial real estate deal. The rotational intern will spend dedicated time with four core teams: Acquisitions, Asset Management, Development, and Leasing. Interns will gain a comprehensive, end-to-end view of how Acadia sources, underwrites, manages, improves, and leases retail-focused commercial real estate.

Each rotational intern is paired with a dedicated program mentor for the duration of the program, along with a rotation lead within each department, who together provide guidance, feedback, and career development support throughout the summer.

PROGRAM STRUCTURE

Over 10 weeks, the intern will rotate through departments in approximately 2–3 week increments, working in a fast-paced team environment on live deal and asset-level work. The rotation concludes with a capstone presentation to senior leadership synthesizing what the intern learned across all four teams and how those functions connect.

REQUIREMENTS

• Must be enrolled in a college degree program at an accredited institution
• Must have completed sophomore year of college
• Pursuing a degree in a related area such as commercial real estate, finance, or business
• Must be able to work onsite in Rye, NY for the full 10-week program
• Ability to work 40 hours per week
• Must have unrestricted work authorization in the US without a visa or sponsorship

DESIRED CHARACTERISTICS

• Highly self-motivated, hardworking, and detail-oriented
• Ability to prioritize a challenging work schedule and multi-task across concurrent rotations
• Strong written and verbal communication skills
• Proficient in Microsoft Office, particularly Excel
• Demonstrated ability to build and run financial models in Excel. Experience with Argus is a plus, but not a requirement.
• Passionate about learning commercial real estate across the full deal lifecycle
• Comfortable working teams and adapting quickly to new workflows and stakeholders

PROGRAM BENEFITS

• 401(k) Retirement Savings Plan eligibility (minimum age 21)
• Daily stipend for lunch
• Pre-tax commuter savings
• Convenient commute from NYC via shuttle service to/from Harrison Metro-North Station to the Rye office
• Dedicated mentorship, with a program mentor plus a rotation lead in each department
• Onsite property tours for real-world context
• Direct access to the CEO and senior leadership team

Acadia Realty Trust is an Equal Opportunity Employer – Veteran/Disability