The JBG SMITH Corporate Office

Internship - Undergraduate - Development

ID
2018-2963
US-MD-Chevy Chase
Type
Intern

Overview

We are seeking rising seniors with superior academic records and proven excellence in quantitative, analytical, composition, and communication skills. This position will assist the Development Manager(s) and larger Development Team in all aspects of the development process of complex urban projects, including acquisition, financing, zoning/entitlements, design, permitting, construction, leasing, delivery and disposition. Development Analyst interns are largely responsible for assisting full-time team members in the daily operation and advancement of development projects. Accordingly, Analyst interns will be actively involved in a variety of tasks ranging from strategic decision making to maintaining detailed project coordination and organization.  

Responsibilities

      

Principal Responsibilities

  • Coordinate and attend design and construction meetings;
  • Create and maintain basic financial analyses;
  • Assist in RFP and contracting process for architects, engineers, contractors, and other outside consultants; present recommendations to the Development Manager; assist in the contracting of various consultants, contractors and vendors;
  • Prepare and monitor budgets, including preparation of monthly loan draw packages and lender and/or investor reports; 
  • Assist in obtaining project entitlements and permits, including meetings with City/County staff to negotiate outstanding issues; assist in tracking the fulfillment of entitlement proffers and conditions;
  • Track project schedules and monitor progress and delays;
  • Review contractor, consultant and vendor invoices for accuracy and compare to applicable proposals/contracts; and
  • Work with financial analysts to keep project-specific economic models up to date.

 

Qualifications

  • Class of 2019 candidate currently pursuing Bachelor’s Degree in related major;
  • Prior internship or other work experience in the real estate industry is preferred;
  • Passion for real estate development;
  • Ability to work independently and lead portions of a project to leverage full-time team members’ time;
  • Preferred knowledge of development fundamentals; including the development process, proforma, design, financing, permitting, construction, and project management;
  • Strong attention to detail, integrity, and the ability to maintain a high level of professionalism in a fast-paced dynamic environment; and
  • Strong financial, entrepreneurial, problem-solving, organizational, communication and interpersonal skills. 

 

JBG SMITH is committed to hiring and retaining a diverse workforce. We are an Equal Opportunity Employer, making decisions without discrimination on the basis of race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, genetic information or any other protected class, in accordance with applicable law. 

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