Summer Development Associate (Masters level)

Description

• Conduct research on local market dynamics, construction costs, and capital trends to inform development strategy.
• Prepare materials for senior management and investment committee meetings.
• Collaborate with construction management, investment, and operations teams to ensure alignment across project stages.
• Support development directors on active projects through financial analysis, due diligence, and market research.
• Assist in underwriting and evaluating new development opportunities, including preparation of investment memoranda and presentation materials for internal review.
• 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.
• Develop a comprehensive understanding of the development lifecycle, including acquisition, entitlement, design, construction, and lease-up.

Requirements

• Highly organized with strong attention to detail and the ability to manage multiple priorities in a fast-paced environment.
• 3–5+ years of prior professional experience in real estate development, project management, construction, or related fields.
• Exposure to end-to-end development processes across Greystar’s national and regional platforms.
• Deepen understanding of how Greystar integrates development, investment, and operations to create long-term value.
• Strong quantitative and analytical skills with proficiency in Excel, Word, and PowerPoint; experience with development modeling preferred.
• 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.

Benefits

• Employee Assistance Program
• Paid sick time
• Mentorship and networking opportunities with senior development and investment leaders.
• Participation in professional development sessions focused on real estate fundamentals and leadership.
• 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.
• 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.
• Opportunity to contribute to impactful, real-world projects within Greystar’s Development team.
• 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.

Training + Development

Interview process

Visa Sponsorship

Security clearance