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Development Summer Associate

Development Summer Associate

companyGreystar
location99-1 Oxford St, Boston, MA 02111, USA
PublishedPublished: 11/21/2024
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 $320 billion of real estate in 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, manages more than 977,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $78 billion of assets under management, including over $36 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

Interested in advancing your career in Real Estate Development with a global industry leader? Our Development Summer Associate position provides MBA candidates the opportunity to engage with real estate owners, local market brokers, and senior Greystar executives. Greystar’s vertically integrated platform leverages deep market insights and operational expertise to deliver high-quality, innovative projects that set the standard in multifamily real estate.

JOB DESCRIPTION

The Greystar MBA Summer Associate Program is a 10-week immersive experience designed to challenge and inspire. As an associate, you will apply your MBA coursework and professional experience to real-world projects, gaining hands-on exposure across the entire lifecycle of development. You’ll have the opportunity to collaborate with teams in development & construction, investment management, property management, and enterprise services, providing a holistic view of our business.

The program culminates with a Final Capstone Project, where you will present strategic recommendations to senior leadership. Through structured mentorship, cross-functional exposure, and executive engagement, you will expand your industry knowledge, build valuable relationships, and enhance your path toward a successful career in real estate.

The program will run from June 2, 2025 – August 8, 2025.

Application will close on 12/8/2024

Responsibilities:

  • Analyzing the acquisition, entitlement, construction, capitalization, and stabilization of ground-up mixed-use multifamily development.
  • Supporting negotiation decisions, interfacing with development directors, and conducting market research. 
  • Evaluating due diligence materials and preparing investment memorandum.
  • Communicating with Development Directors, Construction Managers, real estate owners and equity partners, local market brokers and top Greystar executives.

Qualifications:

  • Strong quantitative background ideally in business finance (corporate finance), architecture or construction.
  • Working knowledge of Microsoft Office specifically Excel, Word, and PowerPoint.
  • Experience in multifamily excel modeling.
  • Strong written and verbal communication skills, and analytical and problem-solving ability.
  • Ability to handle large volume of work; good organizational skills and ability to prioritize to meet deadlines.
  • Dynamic verbal and written communication skills and strong interpersonal abilities.

Education:

MBA candidate graduating between December 2025 and May 2026 with a bachelor's degree in business, finance, or a related major preferred.

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.