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Development Intern

Company:
ASR Group
Location:
Miami, FL, 33125
Posted:
April 17, 2025
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Description:

FCI Residential is a part of Florida Crystals Corporation’s real estate division, which focuses on multi-family residential development in urban and in-fill areas. The real estate division currently has approximately 3,300 units in the development process throughout Florida.

OVERVIEW

The Development intern will be rresponsible for assisting in and exposures to managing project developments (multiple projects, depending of scale of projects) within the company from start to finish including project management, as well as managing necessary stakeholders to ensure projects are completed on time, within budget and to the approved quality.

EDUCATION REQUIREMENTS

Working on completing Bachelor’s Degree required, Master’s Degree (MBA) preferred in Finance, Real Estate, or related discipline

ESSENTIAL CAPABILITIES (KNOWLEDGE, SKILLS, ABILITIES AND PERSONAL ATTRIBUTES)

Ability to multi-task and work in a fast-paced, team-oriented environment

Ability to oversee, communicate, and collaborate with Development and Construction Teams

Self-driven and highly motivated

Strong written and verbal communication skills

Strong interpersonal, organizational skills

Financial understanding of Financial Statements in excel

A desire to learn Real Estate Development process

Strong collaboration, communication, and analytical skills

DETAILED ROLES & RESPONSIBILITIES

Well rounded exposure to fully integrated Real Estate operations

Assist in develop financial models, including discounted cash flows, asset valuations, complex waterfall calculations and cost-benefit analysis to evaluate and underwrite prospective development projects

Assist in Prepare budgets, including research to verify assumptions

Assisting with the process of property/market underwriting, due diligence and deal execution

Assist in the Preparation of loan and equity request memorandum for potential/existing projects

Assist in Preparing investment and other memoranda, including regular investor reporting

LOCATION OF ROLE

Coral Gables, FL

We are an equal opportunity employer. We do not discriminate on the basis of race, color, creed, religion, gender, sexual orientation, gender identity, age, national origin, disability, veteran status or any other category protected under federal, state, or local law. All employment is decided on the basis of qualifications, merit, and business need.

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