Summer Rotational Intern

Posted 5 Days Ago
Be an Early Applicant
Rye, NY, USA
In-Office
23-28 Hourly
Internship
Real Estate
The Role
Ten-week rotational internship providing cross-functional exposure to acquisitions, asset management, development, and leasing within commercial real estate. Interns support live deal and asset-level work, build financial models, collaborate across teams, receive mentorship, complete property tours, and present a capstone project to senior leadership.
Summary Generated by Built In

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

Skills Required

  • Must be enrolled in a college degree program at an accredited institution
  • Must have completed sophomore year of college
  • Pursuing a degree in commercial real estate, finance, business, or a related area
  • Must be able to work onsite in Rye, New York, for the full 10-week program
  • Ability to work 40 hours per week
  • Must have unrestricted work authorization in the United States without a visa or sponsorship
  • Strong written and verbal communication skills
  • Proficiency in Microsoft Office, particularly Excel
  • Demonstrated ability to build and run financial models in Excel
  • Highly self-motivated, hardworking, and detail-oriented
  • Ability to prioritize a challenging work schedule and multitask across concurrent rotations
  • Passion for learning commercial real estate across the full deal lifecycle
  • Comfort working in teams and adapting quickly to new workflows and stakeholders
  • Experience with Argus
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The Company
138 Employees
Year Founded: 2016

What We Do

ARLP GS LLC is the hiring entity associated with Acadia Realty Trust. Acadia is an equity REIT focused on long-term growth through its REIT Portfolio and Investment Management platforms. It acquires, owns, and redevelops retail properties, including street retail, urban/infill sites, and suburban shopping centers, and manages these assets while pursuing core-plus, value-add, and opportunistic investments using institutional capital relationships.

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