Summer Associate- Real Estate Development

The Howard Hughes name is synonymous with an unrelenting passion for excellence. While his achievements in aviation and on the silver screen are legendary, it was his investments in real estate that form the foundation of our company. With passion, determination, and limitless imagination, he built one of the great American empires of the 20th century.

Today, our company carries forward the collective legacy of our four innovative placemakers-James Rouse, George Mitchell, Victoria Ward, and Howard Hughes-who transformed the idea of what a community can be, envisioning a self-sustaining ecosystem that prizes inclusion, conservation, and innovation and fosters a strong social fabric to improve the lives of all residents, consumers, and tenants.

Dedicated to innovative placemaking, Howard Hughes owns, manages, and develops award-winning large-scale master planned communities and mixed-use developments including Downtown Columbia in Maryland; The Woodlands, The Woodlands Hills, and Bridgelandin the Greater Houston, Texas area; Summerlin in Las Vegas; Teravalis in the Phoenix West Valley; and Ward Villagein Honolulu, Hawai'i.

At Howard Hughes, our mission is to help people discover new ways of experiencing life. We aspire to be the most creatively driven real estate company and are committed to a culture that fosters curiosity and empowers every employee to find their story in this great organization.

About the Role:

The real estate development internship at Howard Hughes is a 9-week immersive experience designed to introduce the Summer Associate to all aspects of a development project including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, acquisition, project management and leasing.

Our Summer Associate Program will provide housing and competitive wages for top talent.The program includesspecial projects for the CEO and President, as well as opportunities in financial modeling training, professional networking, learning sessions as well as team-building activities. Throughout the summer, the Summer Associates have an interactive experience with allthe leaders and teams throughout the company.At the conclusion of the program, the Summer Associate Class present their analysis and make real-time recommendations to HHH leadership and department managers to help drive and grow the business.

The Summer Associate Program dates are Monday, June 2nd through Friday, August 1st at The Woodlands Corporate Headquarters. Class size is approximately 10 students (both undergraduate and graduate).

Special Events:

• Executive speakers

• Lunch + learns

• Training on financial modeling, systems + applications at HHH, company branding

• Site tours

• Networking events

• Program-end presentations to the executive leadership team

What You Will Do:

• Conduct financial analysis and due diligence for new investment opportunities

• Assist with all aspects of 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

• 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

• Effectively communicate relevant project information to superiors

About You:

• Pursuing an undergraduate or graduate degree in one of the following areas: architecture, finance / economics, construction management, or engineering

• Strong analytical skills

• Strong communications skills, both written and verbal

• Detail-oriented and self-motivated

• Ability to interact with internal and external stakeholders professionally

• Solid PowerPoint skills

• Proactive thinker with creative problem-solving approach

• Ability to work well with others, from peer to senior leadership

This job description is not meant to be an "all-inclusive" list of the duties and responsibilities of this job. Other related duties and responsibilities may be assigned. Howard Hughes reserves the right to change or modify job duties as necessary based on business necessity.