Real Estate Development Internship

About Us

"Inspired by Spaces, Empowered by People." At Enclave, we don't just build structures; we cultivate environments where our partners, team members, and communities flourish. Our very name reflects our essence - creating distinct spaces that inspires growth and success. As a unified real estate investment firm, Enclave brings together exceptional development, construction, and property management expertise to specialize in multifamily, industrial, and commercial developments across the Midwest and Mountain West.

Our Growth Story: Since our founding in 2011, we've expanded to over 250 team members, completing more than 150 projects and managing assets exceeding $1.75 billion. Our rapid growth is a testament to the innovative and collaborative spirit that drives everything we do. For six consecutive years, Enclave has been recognized as one of the 50 Best Places to Work. This accolade reflects our commitment to fostering an environment where everyone feels valued, supported, and inspired to excel.

About the Role

Real Estate Development Intern

The Real Estate Development Intern will gain hands-on experience across the real estate development lifecycle while supporting the Development team with active and prospective projects. This role provides exposure to market research, site evaluation, due diligence, financial analysis, design and construction coordination, project planning, and development execution.

Position Logistics

• Primary Work Location: St. Louis Park, MN - Corporate Office
• Work Environment: On-Site
• Work Schedule: Monday - Friday | Standard Hours
• Work Type: Internship (Full time hours with flexibility)
• Internship Duration: Summer 2027 (May-August)

Position Responsibilities

• Assist the Development team with projects throughout various stages of the development lifecycle, including site evaluation, due diligence, design, entitlement, construction, and project closeout.
• Conduct market, demographic, and competitive research to help evaluate potential development opportunities and support project decision-making.
• Assist with site due diligence, including researching zoning, utilities, governmental requirements, development fees, surrounding land uses, and other property considerations.
• Support financial and feasibility analysis by gathering development costs, market assumptions, comparable property information, and other inputs used in project pro formas.
• Help maintain and update project budgets, schedules, development trackers, and reporting tools.
• Participate in development and project meetings, document key takeaways, and assist with tracking action items and follow-up activities.
• Assist Development Managers with coordinating information among internal teams and external partners, including architects, engineers, consultants, contractors, municipalities, and other project stakeholders.
• Review and organize project documentation, including site plans, development plans, reports, proposals, and related materials.
• Prepare presentations, project summaries, research findings, and other materials for internal stakeholders.
• Support special projects and additional development initiatives based on current business needs.

We're Seeking Individuals Who:

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Are currently pursuing a bachelor's degree in Real Estate, Finance, Business, Economics, Construction Management, Architecture, Engineering, or a related field.

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Have a genuine interest in real estate development, investment, construction, or the broader real estate industry.

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Bring strong analytical, organizational, written, and verbal communication skills.

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Are proficient in Microsoft Office, including Excel, Word, PowerPoint, and Outlook.

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Have completed coursework or gained experience in financial analysis, real estate, construction, or project management (preferred, but not required).

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Are self-motivated and able to work independently while also collaborating effectively with cross-functional teams.

Qualifications

• High School Diploma/GED required
• Must be actively enrolled in an associate or bachelor’s degree program in Real Estate, Finance, Business, Economics, Construction Management, Architecture, Engineering, or a related field.

Culture & Total Rewards Approach

Why Join Enclave?

When you become part of Enclave, you join a team of trailblazers in the real estate, construction, and property management industry. Our collaborative and fun-loving culture encourages you to thrive both professionally and personally. Our Core Values define what we say and do.

• Care For Each Other: We value people for who they are and take pride in our relationships with team members, clients, and partners
• Do The Honorable Thing: We are committed to upholding the highest standards in our words and actions.
• Be Empowered: We encourage true autonomy, which results in team members who are remarkably inspired and high-performing.
• Promote Innovation: We constantly reach further and don't accept the status quo to bring the best service and product to the marketplace.

Total Rewards Approach

Our salary ranges are established based on a combination of market data, internal equity, and the unique characteristics of our organization such as our size, revenue, and industry. Within the range, individual pay is determined by multiple factors including job-related skills, experience, and relevant education or training.

At Enclave, we’re proud to offer a comprehensive benefits package that supports your personal well-being, professional growth, and financial future.

Financial Wellbeing

• Competitive pay
• Employee referral program

Health, & Wellness

• Mental health resources & employee assistance programs
• Paid Time Off (PTO) plans

Career & Culture

• Team-building and community engagement opportunities
• Employee recognition programs
• Supportive, values-driven work environment
• Regular team member feedback surveys to drive workplace improvements

At Enclave, we build more than spaces - we build rewarding careers. Join a team where your growth is supported, your contributions are valued, and your future is invested in.

Enclave provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.

Enclave does not work with any third-party recruiters or agencies without a valid signed agreement and partnership with the Talent Acquisition Team.