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Summer Associate Intern - Development

Salary undisclosed

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When you join Hines, you will work alongside innovative leaders who set the standards responsible for our reputation as an industry leader today, and you’ll be a part of shaping our future in the years to come.

Application Deadline: 10/24/2024

As a Summer Associate with Hines, you will assist senior management with all aspects of real estate investment and development projects and asset management of operating properties.

*This position requires a cover letter specific to the market of interest for consideration. Please attach your cover letter and resume as one pdf in the application.

  • Provides administrative and financial support to ensure project completion and underwriting new market opportunities for consideration.

  • Participates in the management of development projects including feasibility analysis, entitlement processes, financing, design, contracting, and construction management.

  • Participates in the asset management of existing properties, including tenant relations, investor relations, and communications.

  • Performs financial analysis of acquisitions and development opportunities via financial modeling, analysis of cash flows, and application of valuation methods using a combination of Argus and Excel software.

  • Monitors project budgets and schedules for significant variances and oversees contractor payments where appropriate.

  • Assists in the leasing of certain properties, to include working closely with legal counsel in review of lease documents.

  • Facilitates the marketing of projects to investors, including making certain that all project agreements are properly documented.

  • Monitors the flow of information regarding project design among interested parties, including investors, market research personnel, construction groups, and architects.

  • Works closely with appropriate personnel to design and implement marketing plans.

  • Develops a constant awareness of market opportunities.

  • Provides support for project design and site selection activities as needed.

  • Serves as a member of various project teams as required to facilitate company needs.

  • Acts as a team member with all Hines employees.

  • Complies with all Hines policies and procedures.

Minimum Requirements include:

  • Bachelor’s degree and related experience considered in lieu of post undergraduate studies; MBA strongly preferred.
  • Three or more years of work experience with a professional organization, with a record of project success or experience.

  • Two or more years related experience in real estate or in a financial analysis role.

  • Analyze real estate and industry trends from a strategic point of view; Analyze and interpret various types of data to draw conclusions and solve problems.

  • Perform numerical and financial calculations and analysis.

  • Exchange ideas, information, and opinions with others to formulate policies and programs and/or arrive jointly at decisions, conclusions, or solutions.

  • Possess excellent interpersonal skills.

  • Think creatively and contribute to project success.

  • Successfully manage a variety of tasks within a tight time schedule.

  • Demonstrate strong initiative and ability to work independently with minimal oversight.

  • Interact with employees, visitors, and business partners with poise and diplomacy.

  • Establish and maintain a cooperative working atmosphere among staff.

  • Ability to leverage technology and internet to perform all job functions at the highest level.

  • Possesses the highest degree of integrity.

  • Ability to analyze real estate from a strategic point of view.

  • Ability to withstand long working hours, which are frequently necessary.

  • Ability to use personal computer, calculator, etc.

  • Ability to meet highest attendance requirements.

  • Ability to walk around project sites under construction to review progress.

  • Ability to travel to and from destinations by plane and/or car.

  • Ability to visually review and read correspondence, reports, etc.

  • Ability to handle very stressful, high pressured atmosphere.

  • Ability to withstand long working hours, which are frequently necessary.