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Development Summer Analyst

Development Summer Analyst

companyGreystar
locationPhoenix, AZ, USA
PublishedPublished: 9/12/2024
Full Time

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.


JOB DESCRIPTION SUMMARY

Are you ready to build a strong foundation for your career in real estate? The Greystar Summer Internship Program offers a 10-week immersive experience where you’ll develop new skills and gain hands-on experience with the leading multifamily real estate developer, investor, owner, and operator.

JOB DESCRIPTION

As a Greystar intern, you’ll be exposed to all facets of our business, including development & construction, investment management, property management, and enterprise services. Your journey will be enriched through daily work experiences, intern events, and workshops including: 
  • Executive Speaker Series 
  • Business Segment Trainings and Deep Dives 
  • Strategic Lunch & Learns 
  • Mentor Relationships 
  • Site Visits  
  • Community Outreach 
  • Networking and Coffee Chat Opportunities 


Additionally, you’ll complete and present a Final Capstone Project to highlight your learnings and illustrate your impact. With supportive coaching and professional guidance, the Greystar Internship Program builds on your classroom knowledge, helping you transform your experience into a successful and rewarding career. 

As a Development Intern, you will support the Company's development platform by performing financial analyses of development opportunities, preparing appropriate documents to facilitate the underwriting and closing of real estate transactions, interfacing with brokers, equity partners, institutional clients, and the Company’s development leadership, and tracking and reporting on the status of multifamily transactions within the assigned geographic markets. Greystar’s vertically integrated platform uses our extensive local market knowledge to deliver projects that reflect our remarkable commitment to quality.

DevelopmentResponsibilities: 

  • Conduct financial analysis of development opportunities, including creating detailed pro-forma and financial models
  • Gather, compile, investigate, and analyze market data to identify potential development opportunities 
  • Prepare narrative development memoranda, detailed reports, and market summaries that provide insights on proposed acquisitions
  • Establish and maintain productive relationships and appropriately manage on-going communications related to proposed development transactions

Qualifications: 

  • Strong desire to learn the real estate industry
  • Quantitative background and analytical problem-solving ability
  • Strong working knowledge of Microsoft Office specifically Excel, Word, and PowerPoint
  • Strong written and verbal communication skills with ability to articulate complex topics
  • High standard of accuracy, attention to detail, and speed under time-sensitive deadlines
  • Enrolled in a bachelor’s degree program in real estate, finance, business, or a related major or Master of Real Estate program
  • Graduating between December 2025 and May 2026

The Greystar Intern Program will run from June 2, 2025 – August 8, 2025.

The compensation for this position is $30/hour.

We do not want housing cost to be a reason you do not apply for this internship. Greystar offers interns the opportunity to apply for a need-based housing stipend and requests will be reviewed on a case-by-case basis.

COMPENSATION & BENEFITS

Compensation is based on geographic location and individual pay decisions will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

Onsite Property Positions: In addition to the base salary, may be eligible for a discretionary weekly, monthly and/or quarterly bonus based on budget.

Greystar seeks to attract, recruit, advance and retain top talent. Greystar’s compensation strategy is tailored to appropriately reward the skillset and experience that a team member will bring to the organization.

Benefits Offered for Temporary Team Members:

  • Employee Assistance Program
  • Paid sick time

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.

Greystar will consider for employment qualified applicants with arrest and conviction records.