Summer '23 Intern - Development (Real Estate) at Welltower Inc in Dallas, Texas

Job Description:

SUMMARY

Welltower offers accomplished students the opportunity to intern in a dynamic work environment. The Development team is one of the fastest growing teams at Welltower and offers students the chance to take an important role in helping enable sustainable growth of the development pipeline. The program focuses on a core set of skills and business processes, allowing candidates to focus on their primary area of interest and best utilize their talents.  Our program provides students with the opportunity to: directly interact with our senior management team, assume ownership of significant projects, and experience personal and professional growth and development, all within a culture that rewards ambition and drive.

KEY RESPONSIBILITIES

Our Development internship focuses on our Development responsibilities including feasibility & market analysis, benchmarking, research and underwriting. It allows interns to combine their analytical and communication skills across all facets of Development. Our ability to create, strengthen and manage external and internal relationships is the cornerstone of our success. Our relationship-based strategy is what makes us a leader in our industry.

The Development team is responsible for:

• Working diligently with the Investments team to analyze development opportunities at Pre-Acquisition


• Overseeing each step of active deals through Turnover


• Managing and Maintaining Internal and External Partnerships


• Benchmarking key information for comparing future deals


• Underwriting development opportunities


• Taking ownership of the development budget


• Standardizing to align how information is provided by partners


• Analyzing partner performance


• Conducting site/land visits and market assessments


• Selecting Contractors and Consultants


• Educating Investment team members on the development process


• Understanding market supply and demand fundamentals

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job.  Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Some out-of-area and overnight travel may be expected.

MINIMUM REQUIREMENTS

Experience: Previous internship and/or work experience preferred.

Education: Must maintain a student status from an accredited College or University.

Applicants must be able to pass a pre-employment drug screen.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet

ABOUT WELLTOWER

Welltower, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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