Summer Development Associate (Masters level)

Overview

Summer associate supporting real estate development across full project lifecycle.

Key Responsibilities

• financial modeling
• market research
• underwriting
• budget analysis
• design coordination
• investment memoranda

Tasks

-Support development directors on active projects through financial analysis, due diligence, and market research. -Collaborate with construction management, investment, and operations teams to ensure alignment across project stages. -Prepare materials for senior management and investment committee meetings. -Develop a comprehensive understanding of the development lifecycle, including acquisition, entitlement, design, construction, and lease-up. -Participate in design coordination and entitlement efforts, interfacing with architects, consultants, and local agencies. -Build technical skills in financial modeling, project budgeting, and market evaluation. -Analyze project budgets, schedules, and pro formas to support decision-making throughout the development process. -Assist in underwriting and evaluating new development opportunities, including preparation of investment memoranda and presentation materials for internal review. -Conduct research on local market dynamics, construction costs, and capital trends to inform development strategy.

Requirements

• mba
• excel
• powerpoint
• organized
• communication
• 3-5 yrs

What You Bring

-Highly organized with strong attention to detail and the ability to manage multiple priorities in a fast-paced environment. -Current MBA or Master's student (Class of 2027) with a focus in Real Estate, Finance, Architecture, or Construction Management. -Excellent written and verbal communication skills with the ability to clearly convey complex ideas. -Strong quantitative and analytical skills with proficiency in Excel, Word, and PowerPoint; experience with development modeling preferred. -3–5+ years of prior professional experience in real estate development, project management, construction, or related fields. -Deepen understanding of how Greystar integrates development, investment, and operations to create long-term value. -Exposure to end-to-end development processes across Greystar’s national and regional platforms.

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Benefits

-Mentorship and networking opportunities with senior development and investment leaders. -Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance. -Opportunity to contribute to impactful, real-world projects within Greystar’s Development team. -Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs. -Gain experience analyzing and structuring real estate development projects from both a financial and operational perspective. -For Union and Prevailing Wage roles compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority. -Paid sick time -Participation in professional development sessions focused on real estate fundamentals and leadership. -Employee Assistance Program

About Greystar

-Born in 1993 in Houston and now rooted in Charleston, its founder transformed a niche multifamily operator into a global real-estate powerhouse. -Today it owns, develops, invests in and manages a wide range of rental assets — from apartments and student beds to labs and logistics hubs. -Greystar has shaped skylines with projects like build-to-rent towers in the U.S. and Europe, student villages in Australia and modular living factories in Pennsylvania. -Specialisms span multifamily, student housing, active-adult and single-family rentals, logistics/industrial facilities, life-science campuses and modular construction. -Strategic bets include modular homes, life-science labs, single-family rentals and logistics distribution centers — marking it a versatile real-estate innovator. -With a reputation for vertical integration — managing assets, investments and construction in-house — it stands out in an industry of fragmented players.

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