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Pennrose · 1 day ago

Development Internship (Spring)

Philadelphia, PA

Internship

Onsite

Intern

Pennrose is a real estate development company, and they are seeking a Development Intern for the Spring. The Intern will be exposed to all facets of real estate development, participate in meetings, and assist with various projects while gaining valuable experience in the field.

ConstructionProfessional ServicesProperty DevelopmentProperty ManagementReal Estate

Responsibilities

Drafting, editing and under the direction of a member of the development team of multiple professional responses to Requests for Proposals for Qualifications or Proposals in the pursuit of new business opportunities

Preparation of applications for federal, state and local funding sources

Preparation of professional Powerpoint presentations to financiers, municipalities and community constituents and other interested stakeholders the purpose for marketing Pennrose to groups that could be potentially skeptical and occasionally adverse to new real estate opportunities

Preliminary financial modeling, market analysis and due diligence to determine the economic feasibility of a project, both affordable and market rate

Supporting the development team on due diligence for financial closings

Coordination of project meetings, responsible for meeting logistics and preparation

Timely follow-up to land-development approval process

Create and maintain development project schedules for finance, design, approvals and construction

Market research and “shopping” of comparable properties in markets where Pennrose is seeking new development opportunities

Timely preparation of quality correspondence, applications, proposals and reports

Providing direction for the scheduling and coordinating of the logistics for all development meetings

Responsible for managing various special projects at the Enterprise level

Qualification

Financial modelingMarket analysisReal Estate knowledgePowerPoint presentationsProject coordinationMeticulous accuracyEffective communicationTeam collaboration