Summer Rotational Intern

Acadia Realty Trust
  • Rye, NY
    15 days ago

    Job Description

    Acadia Realty Trust (NYSE: AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors ("REIT Portfolio"), along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles ("Investment Management"). For further information, please visit www.acadiarealty.com.

    Acadia is seeking a qualified, highly motivated intern to join its Summer Rotational Internship Program, a 10-week experience designed to give a small group of top candidates cross-functional exposure to the full lifecycle of a commercial real estate deal. The rotational intern will spend dedicated time with four core teams: Acquisitions, Asset Management, Development, and Leasing. Interns will gain a comprehensive, end-to-end view of how Acadia sources, underwrites, manages, improves, and leases retail-focused commercial real estate.

    Each rotational intern is paired with a dedicated program mentor for the duration of the program, along with a rotation lead within each department, who together provide guidance, feedback, and career development support throughout the summer.

    PROGRAM STRUCTURE

    Over 10 weeks, the intern will rotate through departments in approximately 2-3 week increments, working in a fast-paced team environment on live deal and asset-level work. The rotation concludes with a capstone presentation to senior leadership synthesizing what the intern learned across all four teams and how those functions connect.

    REQUIREMENTS

    • Must be enrolled in a college degree program at an accredited institution
    • Must have completed sophomore year of college
    • Pursuing a degree in a related area such as commercial real estate, finance, or business
    • Must be able to work onsite in Rye, NY for the full 10-week program
    • Ability to work 40 hours per week
    • Must have unrestricted work authorization in the US without a visa or sponsorship

    DESIRED CHARACTERISTICS

    • Highly self-motivated, hardworking, and detail-oriented
    • Ability to prioritize a challenging work schedule and multi-task across concurrent rotations
    • Strong written and verbal communication skills
    • Proficient in Microsoft Office, particularly Excel
    • Demonstrated ability to build and run financial models in Excel. Experience with Argus is a plus, but not a requirement.
    • Passionate about learning commercial real estate across the full deal lifecycle
    • Comfortable working teams and adapting quickly to new workflows and stakeholders

    PROGRAM BENEFITS

    • 401(k) Retirement Savings Plan eligibility (minimum age 21)
    • Daily stipend for lunch
    • Pre-tax commuter savings
    • Convenient commute from NYC via shuttle service to/from Harrison Metro-North Station to the Rye office
    • Dedicated mentorship, with a program mentor plus a rotation lead in each department
    • Cross-functional team engagement across four core real estate disciplines
    • Onsite property tours for real-world context
    • A collaborative, hands-on capstone group project
    • Direct access to the CEO and senior leadership team

    Acadia Realty Trust is an Equal Opportunity Employer - Veteran/Disability

    Numbers & Facts

    LocationRye, NY

    Skills

    • Acquisitions Managementunmatched
    • Asset Managementunmatched
    • Career Counselingunmatched
    • Commercial Real Estateunmatched
    • Communication Skillsunmatched
    • Cross-Functionalunmatched
    • Detail Orientedunmatched
    • Establish Prioritiesunmatched
    • Financeunmatched
    • Financial Modelingunmatched
    • Investment Managementunmatched
    • Leadershipunmatched
    • Mentoringunmatched
    • Microsoft Excelunmatched
    • Microsoft Officeunmatched
    • Multitaskingunmatched
    • People Managementunmatched
    • Presentation/Verbal Skillsunmatched
    • Real Estateunmatched
    • Retailunmatched
    • Retail Leasingunmatched
    • Team Playerunmatched
    • Underwritingunmatched
    • Writing Skillsunmatched

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