2026 Summer Associate, Development (related Midwest)

Responsibilities:

The Summer Associate will be responsible for supporting the development teams for Related Midwest in all aspects of projects including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, acquisition, project management and leasing.

• Conduct financial analysis and due diligence for new investment opportunities
• Assist with all aspects of a development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction
• Support the team in preparing business plans, including annual operating plans, financial forecasts and strategic plans
• Manage detailed municipal filings for various development related programs, such as municipal financing applications and real estate tax abatements
• Monitor construction costs, budgeting, and the timeline of deliverables
• Perform research and analysis to benchmark trends in target markets by tracking rents, sales per SF, operating costs, competitive supply and expansion activity
• Minimize exposure and risk on various projects
• Effectively communicate relevant project information to superiors

Compensation: $70 per hour Qualifications:

To be considered for the 2026 Summer Associate program, applicants must meet the following criteria:

• First year MBA or Master’s student with a target graduation date of Spring 2027
• Actively pursuing a graduate degree in Real Estate
• A strong passion for real estate development
• 2+ years of relevant experience in corporate finance or real estate analysis
• Demonstrates clear and concise communication skills, both verbally and in writing
• Excellent quantitative and analytical skills; with advanced proficiency in Microsoft Excel
• Exhibits a strong understanding of technical skills and job specific knowledge
• Self-starter with a proactive approach to tackling tasks and challenges
• Ability to navigate ambiguity and adapt to new challenges in a dynamic work environment

Related is not offering visa sponsorship for this position.*Please note that we review each application thoroughly. Unfortunately, due to a high volume of applicants, we cannot respond to everyone. If your qualifications match our needs, we will contact you directly about the summer internship program. Related Companies is an equal opportunity employer. Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards. For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy.#LI-RB1 #ONSITE* Overview:

Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side.

Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.

Related Midwest, the Chicago office of Related Companies, is the preeminent developer of mixed-use properties, affordable housing communities, and luxury condominium and rental homes across Chicago. The company commands a portfolio of residential, mixed-use and master-planned properties, including pioneering projects like The 78 where the company is heading a transformational development on 62 acres in the heart of downtown Chicago to create the city’s next great neighborhood. Related Midwest is also one of the largest developers of affordable housing in the Midwest, with more than 10,000 units owned and managed.

The firm’s other market-defining projects include ultra-luxury residential tower One Bennett Park, designed by Robert A.M. Stern Architects, with adjacent park by Michael Van Valkenburgh Associates; Fulton Market’s 900 Randolph, the first high-rise in Chicago co-built by a Black-owned general contractor; luxury rental towers 500 Lake Shore Drive and OneEleven; Lathrop, an ongoing restoration and redevelopment of the historic Julia C. Lathrop Homes into a mixed-income community; 400 Lake Shore Drive, two residential towers situated where the river meets the lake in Chicago, and Roosevelt Square, an innovative 120-acre multi-phase development on Chicago’s west side. Program Overview: Our formal 10-week internship programs provide students with the opportunity to work on critical projects integral to our team's success. Interns work alongside some of the best minds in Real Estate, in an innovative, fast-paced environment and are expected to approach tasks and projects with dedication and initiative.

Our internship program connects students with industry leaders and provides foundational real estate knowledge through a speaker series and networking events. We focus on accelerating growth with hands-on professional development and training. Recognizing that real estate thrives on relationships, we create an engaging experience with volunteering, portfolio tours, and intern led activities, all designed to build collaboration and a connected cohort. #RMW