Summer Development Associate; Masters level

Position: Summer Development Associate (Masters level)
ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 250 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, managing over 1,000,000 units/beds globally.

Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $30 billion of regulatory assets under management. 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

JOB DESCRIPTION SUMMARY

The Development Summer Associate will join Greystar's Development team for the summer, gaining hands-on experience across the full lifecycle of multifamily and mixed-use projects - from site acquisition and design through construction, capitalization, and stabilization.

This role offers exposure to multiple disciplines within real estate development, providing a comprehensive understanding of how Greystar delivers best-in-class communities across diverse markets.

JOB DESCRIPTION

Key Responsibilities

* 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.

* Analyze project budgets, schedules, and pro formas to support decision-making throughout the development process.

* Participate in design coordination and entitlement efforts, interfacing with architects, consultants, and local agencies.

* Collaborate with construction management, investment, and operations teams to ensure alignment across project stages.

* Prepare materials for senior management and investment committee meetings.

* Conduct research on local market dynamics, construction costs, and capital trends to inform development strategy.

Qualifications

* Current MBA or Master's student (Class of 2027) with a focus in Real Estate, Finance, Architecture, or Construction Management.

* 3-5+ years of prior professional experience in real estate development, project management, construction, or related fields.

* Strong quantitative and analytical skills with proficiency in Excel, Word, and PowerPoint; experience with development modeling preferred.

* Excellent written and verbal communication skills with the ability to clearly convey complex ideas.

* Highly organized with strong attention to detail and the ability to manage multiple priorities in a fast-paced environment.

* Collaborative, proactive, and intellectually curious team player.

Learning Outcomes

* Develop a comprehensive understanding of the development lifecycle, including acquisition, entitlement, design, construction, and lease-up.

* Gain experience analyzing and structuring real estate development projects from both a financial and operational perspective.

* Build technical skills in financial modeling, project budgeting, and market evaluation.

* Deepen understanding of how Greystar integrates development, investment, and operations to create long-term value.

Program Features

* Exposure to end-to-end development processes across Greystar's national and regional platforms.

* Mentorship and networking opportunities with senior development and investment leaders.

* Participation in professional development sessions focused on real estate fundamentals and leadership.

* Opportunity to contribute to impactful, real-world projects within Greystar's Development team.

Program Dates:
June 1, 2026 - August 7, 2026

Salary Range: $3,500.00-4,500.00/bi-weekly

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Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

* 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.

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.