Job Description

Job Description

Job Description

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 22,500 residential units completed or under construction, and more than 2,000 affordable and 7,500 market rate units in pre-development.

Related California has a long history of community partnership, having collaborated with more than 45 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 $13 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

Company Overview

Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed over 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, Texas, Washington, D.C., and London and boasts a team of approximately 4,000 professionals. The company’s portfolio of over $70 billion in assets owned or under development includes the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, Deutsche Bank Center at Columbus Circle and The 78 in Chicago. Related was named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit

Responsibilities

Related California is seeking a part-time, short term Development Intern / Associate for its Northern California Affordable Housing Division, located in San Francisco, CA. The Development Intern / Associate will be responsible for supporting the team in various aspects of their projects potentially including new business, entitlements, due diligence, design, contracting, financing applications, financial transactions, construction, and lease-up. This support position will provide the candidate with the exposure to various aspects of the affordable housing development process.

We'll trust you to:

• Support project teams on various aspects of the development process with a strong emphasis on providing operational assistance with preparing funding applications and the closing process.
• Assist with preparation of budgets and schedules, cash flow projections, deal memorandums, contracts, financial forecasts and strategic
• Compile due diligence materials including physical, financial, market, demographic, and regulatory data
• Assist with the closing process for real estate transactions including acquisition, construction loan closing and conversion.
• Participate in deal sourcing (on and off-market opportunities, RFP/Qs), evaluation and analysis, and early phase development activities.
• Engage in financial modeling and presentations using a range of capital structures and financing tools unique to affordable housing
• Handle matters relating to time sensitive material and meet multiple deadlines. Inform project team of project status and issues that may impact timelines.

Compensation

• $40 - $50 / hour

Qualifications

The ideal candidate is 1st or 2nd year student working toward their MBA, MCP, MCP/MPH, JD, MARCH, MRED or similar

• Minimum 1-2 years of relevant experience in real estate or finance
• Strong quantitative, analytical and financial modeling skills
• Strong MS Excel and PowerPoint skills are a prerequisite
• Organized and keen attention to detail with an ability to manage multiple deadlines, tasks and assignments
• A thoughtful analyst with strong intellectual curiosity and motivation to advance as an affordable housing professional
• Suitability to a fast-paced environment and an entrepreneurial culture that places a premium on performance
• Must be a team player but also a self-starter that can perform with limited direction
• Excellent written and verbal communication skills

To Apply:

Candidates should submit online via Related website and submit a resume and cover letter as one PDF titled LastName_Spring_Application (ex. Smith_Spring_Application) via email with the subject line “Related part-time Development Intern/Associate” to [email protected]. Incomplete applications will not be considered. No phone calls, please.

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