Real Estate Development Intern

Self-Help is a leading national community development financial institution headquartered in Durham, NC. Since 1980, Self-Help has provided $8.5 billion in financing to 159,000 families, individuals and businesses. It helps drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. The Self-Help family of nonprofit organizations includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending. Through its credit union network, Self-Help serves over 150,000 people in North Carolina, California, Chicago, Florida and South Carolina.

Internship Program:
Self-Help/CRL offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFIs). Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole. Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:
Self-Help is seeking a Development Intern to join our Real Estate Team’s project management group in Durham for the summer. The Development Intern will be responsible for supporting an Associate Project Manager in ongoing real estate development activities, research and other support tasks, and new project predevelopment efforts. This internship will be particularly well suited for a positive, motivated, and well-organized person with an interest (but not necessarily experience) in community real estate development.

Essential Responsibilities:
Project tasks the Development Intern may engage in, with specifics to be determined, include:
>>Support Associate Project Managers on predevelopment activities for projects in the early stages, potentially including projects in Asheville, Charlotte, Henderson, Raleigh, Rocky Mount, and Salisbury. This could include researching land use regulations, assessing the impact of development policies, conducting market research, feasibility modeling, and due diligence.
>>Support development activities for projects already underway. This could include real estate feasibility analysis, high-level design development, community engagement, and other tasks.
>>Miscellaneous research activities on Self-Help’s real estate portfolio, tenant mix, or other items.
>>Other tasks to be determined together with the Development Intern to meet their individual interests/learning preferences.
>>Take advantage of opportunities to interact with and learn from real estate professionals on the team, either formally or informally, including project managers, construction managers, property management and leasing staff, and the sustainability director.

Credentials, Experience and Skills:
>>Graduate student, recent graduate, or at least in the third-year of an undergraduate degree program.
>>Demonstrated interest in community development—through classes, prior work experience, and/or extracurricular activities.
>>Strong analytical and quantitative skills.
>>Strong organizational skills.
>>An enthusiasm for learning—and a proficiency at distilling complex concepts in communication.
>>Proficiency with Word, Excel and PowerPoint.

Physical Requirements:
Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers. Must be able to occasionally lift and exert force of up to 40 pounds.