Real Estate Development Internship (Summer 2025) - Lincoln Avenue Communities
Santa Monica, CA
About the Job
About Lincoln Avenue Communities
Welcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 28 states. With a portfolio encompassing 150+ properties and 20,000+ units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.
Our Internship Program
Our internship program goes beyond the ordinary. Here, you won’t just be a participant but an integral part of our innovative projects, learning and growing in an environment that fosters creativity and independence. If you share our vision of raising the standards in affordable housing, we invite you to embark on this journey with us. Let’s build a future where your ideas matter, your skills are honed, and your impact is real.
Important Reminders:
- Our 10-week program begins June 2, 2025, and ends August 8, 2025.
- We encourage students who are graduating in May 2026 to apply.
- This a full-time role based in our Santa Monica HQ (at least 4 days in the office).
About This Role
Lincoln Avenue Communities (LAC) is looking to hire Summer Analysts to join our Development team in Santa Monica.
This program will help you break ground on a career in affordable multifamily real estate—you will be immersed in our team of 35+ real estate professionals who manage the acquisition, rehabilitation, and new construction of affordable properties throughout the United States.
Our ten-week paid Summer Internship Program is based out of our Santa Monica headquarters. We developed the program for students to gain practical training and hands-on experience to meet their educational goals and prepare for their professional careers in real estate. Throughout the last several years, we’ve carefully curated a meaningful and impactful internship program. Our goal is to provide you with a dynamic and engaging learning experience and the opportunity to develop while having dedicated support around you.
What You’ll Do
As a Summer Analyst, you will work closely with colleagues to support the evaluation and execution of property acquisitions, rehabilitation, refinancing, and ground-up new construction from conception through the stabilization of the project. Summer analysts are expected to assist in business plan execution by:
- Collecting and analyzing due diligence
- Evaluating market supply/demand factors and economic trends
- Creating and assisting the team in maintaining financial models
- Presenting concluded recommendations to LAC's investment committee
- Collecting and updating project information on the internal project management database
- Order various third-party reports and oversee delivery timeline, including management of due diligence delivery, site visit schedule, and consistent vendor communications
- Attend deal team meetings to take notes and track key team deliverables
- Various ad hoc projects
Requirements
What We’re Looking For
This role requires both financial acuity and strong communication skills -- this role is also for an individual with a passion for real estate development. More so, this individual is prepared to handle a broad array of duties and wants to learn all the fundamentals required to thrive in the Affordable Housing industry.
The ideal candidate will also have:
- Knowledge and understanding of the fundamentals of Real Estate; familiarity with Multifamily Affordable Housing is a plus
- Strong technical understanding of real estate financial modeling
- Ability to operate with minimal oversight with a mindset that takes full ownership of their role and responsibilities while collaborating with the rest of the team
- Excellent time management and communication skills
- Values working hard and performing at the highest level