The Related Companies, CA
2024 Summer Associate, Acquisitions & Development

Location(s): Irvine, California
Department: Internships
Req ID: 16356
Team: Summer Internships

Job Description

Responsibilities:

The Summer Associate will be responsible for supporting the development in all aspects of projects including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, acquisition, project management and leasing.

We'll trust you to:

• Perform financial analysis and due diligence for new investment opportunities.
• Assist with all aspects of a development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction.
• Assist in preparing business plans, including annual operating plans, financial forecasts and strategic plans.
• Manage detailed municipal filings for various development related programs, such as municipal financing applications and real estate tax abatements.
• Monitor construction costs, budgeting, and the timeline of deliverables.
• Research and analyses: Benchmark retail activity in target markets by tracking rents, sales per SF, operating costs, competitive supply and retailer expansion activity.
• Minimize exposure and risk on various projects.
• Effectively communicate relevant project information to superiors.

Compensation:

• $40 / hour 

Qualifications

You'll need to have:

• Excellent quantitative and analytical skills; expertise with excel
• 2 years of relevant experience in corporate finance or real estate analysis
• A strong passion for real estate development
• Real Estate focused degree/curriculum

Locations available: San Francisco

Program will run from June 3^rd through August 9^th

Please note that Related has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees. As a condition of employment, Related employees working on-site are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.

Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building.

For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy. 

Please note Related is not offering visa sponsorship for this position.

Overview

Firm Overview

Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. Since 1989, Related California has undertaken a range of transformational developments from best-in class luxury high rise residential properties to the redevelopment of obsolete public housing, spanning a broad spectrum of urban infill, affordable, mixed-income and market rate multi-family developments. The company has a development portfolio of more than 19,500 residential units completed or under construction, and more than 4,200 affordable and 7,300 market rate units in pre-development. Related California has a long history of community partnership, having collaborated with more than 40 municipalities and over 30 non-profit organizations throughout California, and has successfully developed and managed a broad range of property types throughout Alameda, Contra Costa, Los Angeles, Orange, Sacramento, San Bernardino, San Diego, San Francisco, and Santa Clara counties. Related California has developed more than $9.3 billion in assets and has a track record of consistently developing communities that exceed industry benchmarks in design, construction, sustainability, and property management. For more information about Related California, visit www.relatedcalifornia.com.

Parent Company Overview

Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side.

Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.