Economic Development Intern - SB Friedman

Title: Economic Development Intern

Type: 20 - 40 hours per week

Location: Chicago, Illinois

Salary: $22 per hour

Description: 

SB Friedman is seeking a summer 2025 graduate intern with an interest in economic development, real estate development finance and public-private partnerships. The graduate intern will be responsible for research, quantitative and qualitative analysis, and data synthesis. No specific project for the intern is contemplated at this time; rather we will work to match the intern to currently available projects based on alignment with intern goals. The intern will work closely with other team members and will have an opportunity to work on a variety of projects, potentially including economic development policy research, market analysis in support of planning projects, financial feasibility analysis of proposed development projects, spatial analysis related to a range of projects, value capture for infrastructure, tax projections, and/or fiscal and economic impact analysis. 

To apply, please submit your resume with a list of three relevant courses and a work sample demonstrating quantitative analysis and/or mapping to jobs@sbfriedman.com. Deadline to apply is April 28th.

Innovation Hub Real Estate Intern, Summer 2024 - Discovery Partners Institute

Reporting to: Kumar Kintala, Innovation Hub Director, DPI

Submit resume & brief cover email to: kintala@uillinois.edu

The Discovery Partners Institute provides a platform for people to jumpstart their tech careers or companies in Chicago. Led by the University of Illinois System in partnership with local and global research universities, DPI does three things: tech talent development, applied R&D, and business development. DPI prepares students and workers to step into high-demand tech jobs. It also builds research teams helps them to identify and pursue new funding opportunities. With state investment and a new urban innovation district in development just south of the Chicago Loop, DPI has the resources to attract, develop and leverage the most ambitious people and companies the region has to offer - and keep them here.

Emerging Leaders Internship - Illinois Housing Council (IHC) - Mailing List

Join IHC's mailing list to be notified when the Intern Application opens.

The Emerging Leaders Internship  (ELI) program is a 10-week paid internship program whose goal is to increase racial and gender diversity in the affordable housing industry by creating employment opportunities with a support structure that exposes the interns to the full spectrum of the affordable housing industry and introduces them to the people who can help advance them in their careers. The interns are hired directly by and work with developers, housing authorities, general contractors, and other IHC members while also attending educational programming hosted by IHC. The cohort of interns participate in Lunch & Learns with professionals from different sectors of the industry, trainings, and property tours. They are also supported in their job search when they complete the program.

IHC encourages current students and recent graduates interested in real estate development, community development, urban planning, public policy, and advocacy to apply. Applications will be accepted February 9 – March 8 and interviews will take place in early April. 

Intern, Timber Hill

Who: Timber Hill Group (“TH”) is a fast-paced industrial real estate acquisition company. TH acquires and develops industrial real estate related to ecommerce and logistics. We execute on sound investments providing risk adjusted returns for high-net-worth individuals and family offices. We are a focused, experienced mission-oriented company looking to offer an amazing internship assisting our Managing Partner, Cary Goldman and the senior leadership. Learn more about what we do, here.

What: For this role, an intern will need to live within a reasonable commute of the office in Rosemont, IL. They will have the opportunity to participate in all aspects of commercial real estate acquisition, operations, and investments, and can expect to be staffed on multiple transactions at once. Due to the relatively small size of the investment team, an intern will “wear many hats” and will be expected to assist on job functions related to acquisitions, financing and investor relations.

 The Intern will have the following primary responsibilities:

 

•                   Market Research – Including data mining.

•                   Correspondence – Provide research for responses.

•                   Meeting Management - Including preparing notes and  distributing action items.

•                   Development of Presentation Materials - Emphasis on GIS mapping.

 

Qualifications: 

Strong GIS skills as one of the most important projects will be mapping our target acquisition markets with layered information including site details, zoning, wetlands, flood plain, etc.

Apply: If you would like to discuss this opportunity further, email msiegel@timberhillgroup.com or call (847) 502-8688. Pay is $20/hr and 10-20 hours/week.

 

Intern, Lightengale Group

Who: Lightengale Group is a real estate development consulting firm based in downtown Chicago. Our strong suit is the coordination of financing for multi-family rental affordable housing. We also coordinate the development process (architect, contractor, property management) for several of our clients. We mainly complete work for affordable housing developments in Illinois and Iowa. We have been in business since 1999.

What: Lightengale Group takes a team approach to completing quality work for our clients. The Intern will help support the Project Managers in a wide range of tasks in seeing affordable real estate projects through from beginning to end. We are interested in a candidate who has real estate experience, has or is taking Development Finance, has GIS skills and has a career interest in affordable housing development. We are looking for a candidate who can work up to 24 hours a week, Monday through Thursday. We can be flexible on the days and times worked. Position is offered at $20 per hour. We have many interesting projects that require flexibility, competency, and speed. The Intern will be asked to work on tasks for multiple projects, which will touch on the initial feasibility stage, predevelopment/ funding, and closing stages of our projects. 

Responsibilities:

Application Processing 

• Estimating scoring for potential projects 

• Completing all basic items for funding applications and funding-related submissions (such as maps, photos, basic research, team forms, operating and property tax comparisons, and narratives) 

• Coordinate a variety of background information, diligence and anything needed to support the completion of funding applications 

• Completing loan and grant documentation (Tax Credits, FHLB AHP, pre-development loans, DCEO, Project-Based Vouchers, Class 9) 

• Identifying and reviewing redevelopment plans for specified information; completing worksheet entering in critical information 

• Researching census/ other data and presenting results in a helpful way that improves understanding 

Project Underwriting / Due Diligence 

• Assisting Project Managers on a wide range of projects 

• Due diligence related to determining various costs for a variety of development and operations costs 

• Review architectural plans for compliance with lender requirements 

• Review GC budgets for compliance with project budgets and lender requirements 

• Reviewing and completing a variety of property management documents 

• Assistance with a variety of project tasks as needed – may include site visits, coordination of applications or other tasks on an as-needed basis 

Expectations 

• Ask questions and continuous desire to learn and improve 

• Ability to prioritize, communicate challenges, and discuss options internally 

• Utilization of LGG filing standards for all electronic files 

Qualifications:

• Bachelor’s degree 

• Either experience in real estate development, or have taken Development Finance 

• GIS experience 

• Excellent math skills 

• Very good writing skills 

• Generally, computer savvy, including MS Excel and Word 

• Successful track record of completing complex tasks on deadline 

Apply by sending a cover letter detailing how this position fits in your career plans and resume to maggy@lightengalegroup.com 

Internship - UPholdings Real Estate

Who: UPholdings

What:UPholdings is a housing development company based in Chicago, working across the United States, focused on building affordable housing. Our portfolio includes a wide range of projects types, targeting various population groups, throughout both urban and rural communities. UPholdings’ portfolio includes affordable multifamily properties and permanent supportive housing properties (each consisting of 18-92 units), along with four (4) new projects currently under construction. Our company employs six talented team members, each with expertise in affordable and supportive housing developments.

Location: 900 W. Jackson Blvd., Chicago, Illinois.

Compensation: Interns will be compensated hourly commensurate with experience.

Description: Interns will: (1) work closely with staff on various project management tasks, including compiling financing, due-diligence, compliance, and supportive documentation associated with existing, prospective, and under-development projects; (2) coordinate on-going project tasks with vendors, site managers, and contractors; and (3) assist staff with office administrative duties, including tracking project finances, scheduling appointments, preparing outgoing document deliveries, and maintaining office supplies.

Qualifications: Applicants should:

• Be enrolled in an educational program concentrating on urban planning and development, real estate transactions, or finance;
• Prepared to dedicate 15-30 hours weekly working in our office;
• Have previous professional experience working in an office environment;
• Capable of managing multiple tasks, meeting deadlines, and working on teams.

Apply by sending your resume and cover letter to petra@upholdings.net.

It is our policy and practice to provide and promote equal opportunities for all applicants without regard to race, color, sex, sexual orientation, age, marital status, religion, veteran status, national origin, medical condition, handicap or disability.

Real Estate Internship - Jones Lang Lasalle

Who: JLL is looking for qualified interns to join our brokerage, capital markets, valuation and advisory teams.

What: This intern should be prepared to work in a fast-paced team environment, and will finish the internship having gained broad experience in various aspects of commercial real estate. Positions are paid and last 10-12 weeks long, from mid-May through mid-August.

Qualifications: