City: Bellevue
Zip Code: 98004
Compensation: $49,100.00 - $73,600.00
Overview
Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well. By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates. Your positive, professional, and consistent personal interactions make AvalonBay a great place to work.
The Role
Position Summary:
As a Real Estate Development Intern, you will work closely with our development team, gaining exposure to aspects of the real estate development lifecycle, including site acquisition, financial analysis, permitting, design, deal making, construction, and marketing. This position offers the opportunity to develop critical skills in real estate analysis, negotiations, project management, and urban planning by working on real deals in our pipeline.
Key Responsibilities:
Assist in the financial analysis of potential development projects, including market research, cost estimations, and proforma modeling.Support the due diligence process by researching zoning, land use, and environmental requirements.Collaborate with team members in preparing presentations and reports for clients, investors, and stakeholders.Monitor project timelines, budgets, and documentation to ensure milestones are met.Help track project progress through site visits and coordinating with contractors, architects, and other team members.Assist with preparing applications for permits and other regulatory approvals.Conduct market research on industry trends, competitor activity, and local market conditions.Attend meetings with clients, stakeholders, and local government officials as needed.Qualifications:
Currently pursuing an advanced degree in Real Estate, Urban Planning, Business, Finance, or a related field.Strong interest in real estate development.Basic knowledge of real estate principles, including finance, construction, and market trends.Proficient in Microsoft Office Suite (Excel, PowerPoint, Word).Strong communication skills, both written and verbal.Ability to work independently and collaboratively in a team environment.Detail-oriented with excellent organizational skills.Preferred Skills:
Prior experience in real estate, design or construction.Knowledge of local real estate market.Familiarity with financial modeling and investment analysis.How AvalonBay Supports You
We know that our teams are the beating heart of our success and we’re committed to showing our appreciation.
We offer:
Comprehensive benefits — health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits (https://jobs.avalonbay.com/benefits) for information.
Growth based on achievement and promotion from within.
Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization – including destination awards, ‘AvalonBay’s Very Best’ recognition program and others!).
A 20% discount on our incredible apartment homes.
A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.
Additional Info
AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.
AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.
Applications are being accepted on an ongoing basis.
AvalonBay does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.
For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice (https://www.avaloncommunities.com/california-personnel-privacy-notice/)
Job ID JR103571