Crescent Communities is seeking two (2) Summer Associates (approximately an 8-12 week temporary position) to join the team for Summer 2027 to create developments that cultivate communities with lasting legacies, with a focus on high-growth markets across the Southeast and Southwest. The Summer Associate positions will be in Charlotte, NC and Atlanta, GA.
Interns will benefit from deep engagement in the real estate development and investment business, broad exposure to Crescent Communities’ people, work flows and properties and a culture that is highly collaborative, fun and focused on investment in its human talent.
JOB SUMMARIES
- Commercial Development and Capital Markets (Charlotte): This Summer Associate will assist the Commercial Development team in all aspects of the real estate development process, as well as assist the Capital Markets team with underwriting investment and capitalizing development projects in the debt/equity markets, reporting to a Director of Commercial Development.
- Residential Development – Multifamily (Atlanta): This Summer Associate will assist the Multifamily Development team in all aspects of the real estate development process, reporting to the Managing Director of Development in the Atlanta office.
**Applicants will be considered for both positions. Please include your role (Commercial Development/Capital Markets or Residential Development) and market (Charlotte or Atlanta) preferences in your application submittal.**
ESSENTIAL FUNCTIONS
The Summer Associate position will assist the development and capital markets teams with all aspects of the real estate development process, including market analysis, financial modeling, investment underwriting, equity and debt financing, project design, marketing and leasing and construction administration.
- The Commercial Development and Capital Markets position will encompass all Commercial asset classes offered at Crescent Communities, in addition to Debt and Equity sourcing.
- The Residential Development position will focus on Residential assets and work more heavily with the respective development teams.
Position responsibilities will include, but not be limited to:
- Assisting the development team in performing market, property, and financial due diligence.
- Researching and evaluating market trends to identify growth opportunities and provide formal recommendations for investment.
- Participating in underwriting efforts and creating and maintaining pro-forma financial models.
- Preparing investment summary recommendations.
- Conducting feasibility analyses.
- Assisting with the entitlement process and coordination of product development, including architecture, land planning, and project design.
- Presenting to internal and external stakeholders
JOB REQUIREMENTS AND QUALIFICATIONS:
EDUCATION, EXPERIENCE AND CHARACTERISTICS
- Graduate student enrolled in an MBA or MRED program.
- Prior experience performing pro-forma financial modeling.
- Some prior work experience with a real estate developer preferred.
- Advanced Excel skills.
- Proficient with Microsoft Office: Word, Outlook, PowerPoint.
- Strong written, verbal, and analytical skills.
- Proven project management and organizational skills.
- Collaborative style and team player.
- Proactive problem-solver who capable of being productive with little direction.
PHYSICAL DEMANDS
- Communicate and converse to exchange information
- Ability to operate a computer keyboard, phone, calculator and other office equipment with or without accommodations.
- Seeing to read a variety of materials
- Must be able to remain in a stationary position for extended periods of time.
- Must be able to transport 10-25 lbs. (computer, files, etc.)
- Move about the office to access file cabinets, office machinery, etc.
- Ability to work under stressful, fast-paced conditions
BENEFITS
We offer a full benefits package starting day one that includes health, dental, vision, paid time off, paid holidays, 401k plan, paid STD/LTD, parental leave, charitable match, wellness subsidy, community involvement, summer hours, education reimbursement, employee assistance program, hybrid flexible schedules and much more!
WORK ENVIRONMENT
- Professional office environment
- Flexible working hours are M-F, 8:00am – 5:00pm (alternate schedule may apply).
- Must have reliable transportation
OTHER DEMANDS
- Ability to travel to field locations and stay overnight, if required
DISCLAIMER/OTHER DUTIES
This document describes the position currently available and serves only as a summary of the typical functions of the job. It is not an exhaustive or comprehensive list of all possible job responsibilities. Tasks, responsibilities and duties of the jobholder may differ from those outlined. Other duties, as assigned might be part of the job. It is not an employment contract. Our company reserves the right to modify job duties or job descriptions at any time.
Crescent Communities, LLC is an Equal Opportunity Employer
An equal opportunity employer, Crescent Communities treats each individual fairly in all employment decisions without regard to race, color, gender, religion, age, sex, gender identity, national origin, sexual orientation, veteran, disability or any other protected status by federal or local law.
Crescent Communities, LLC participates in E-Verify
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use “communities.” We specialize in place-making and create high-quality, differentiated multifamily and commercial developments in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 95 multifamily communities, 26 million square feet of commercial space and over 60 master planned communities. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Austin, Denver, and Phoenix. Our multifamily communities are branded NOVEL (urban), RENDER (suburban) and HARMON (build-to-rent) and our commercial developments are branded AXIAL (industrial), THE YIELD (life science) and BOWER (office).