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Real Estate Development Intern Jobs in Michigan (NOW HIRING)

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Real Estate Development Intern information

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$7

$14

$21

How much do real estate development intern jobs pay per hour?

As of Jul 14, 2026, the average hourly pay for real estate development intern in Michigan is $14.85, according to ZipRecruiter salary data. Most workers in this role earn between $12.55 and $16.78 per hour, depending on experience, location, and employer.

What types of projects and responsibilities can a Real Estate Development Intern expect to handle during their internship?

As a Real Estate Development Intern, you will typically be involved in tasks such as market research, financial modeling, site analysis, and assisting with due diligence for potential projects. You may also support the preparation of presentations, attend project meetings, and collaborate with architects, engineers, and city officials. This role provides exposure to the full lifecycle of development projects, offering hands-on experience that helps you understand both the challenges and rewards of the industry.

What is the difference between Real Estate Development Intern vs Real Estate Analyst?

AspectReal Estate Development InternReal Estate Analyst
Required CredentialsTypically pursuing or recent graduate in real estate, urban planning, or related fieldsBachelor's degree in finance, real estate, or related field; often with some experience
Work EnvironmentInternship setting, assisting development teams, site visits, researchOffice-based, analyzing market data, financial modeling, reporting
Employer & Industry UsageReal estate development firms, construction companies, urban planning agenciesReal estate investment firms, consulting companies, financial institutions

While both roles involve real estate, a Real Estate Development Intern focuses on supporting development projects through research and site visits, often as a learning position. A Real Estate Analyst conducts in-depth market and financial analysis to inform investment decisions, typically requiring more experience and analytical skills.

What does a Real Estate Development Intern do?

A Real Estate Development Intern assists with the various phases of property development projects, including market research, site analysis, financial modeling, and project management tasks. They often support senior team members in preparing presentations, conducting due diligence, and coordinating with architects, contractors, and local authorities. This role provides hands-on experience in understanding the real estate development process from concept to completion, helping interns gain valuable industry skills.

What are the key skills and qualifications needed to thrive as a Real Estate Development Intern, and why are they important?

To thrive as a Real Estate Development Intern, you need a foundational understanding of real estate principles, financial analysis, and project management, often supported by coursework in business, finance, or urban planning. Familiarity with tools such as Microsoft Excel, project management software, and GIS mapping systems is typically required. Strong communication, analytical thinking, and attention to detail are standout soft skills for this role. These skills and qualities are essential for effectively supporting development projects, conducting research, and contributing to decision-making processes in a dynamic industry.
What are the most commonly searched types of Real Estate Development jobs in Michigan? The most popular types of Real Estate Development jobs in Michigan are:
What cities in Michigan are hiring for Real Estate Development Intern jobs? Cities in Michigan with the most Real Estate Development Intern job openings:

$57K - $78K/yr

Full-time

Posted 13 days ago


Job description

Job Summary

We are seeking a detail-oriented and experienced Real Estate Development Accountant to manage financial operations across real estate development and construction projects throughout their full lifecycle. This role is responsible for project accounting, construction draws, cost tracking, budgeting, and financial reporting, while also supporting audits, tax preparation, and lender/investor compliance.

The ideal candidate has strong experience in construction and development accounting, including job costing, capitalized costs, draw processes, and multi-entity structures.


Key ResponsibilitiesProject Accounting & Cost Management
  • Track and monitor project costs across multiple developments and phases
  • Ensure accurate cost allocation and capitalization in compliance with accounting standards
  • Analyze actual costs versus budgets and forecasts; identify variances and recommend solutions
  • Maintain detailed job cost reports and project-level financials
  • Partner with project managers to ensure accurate financial tracking
Draw Management & Construction Financing
  • Prepare, submit, and track construction draws and payment applications
  • Prepare settlement statements for financing closings
  • Record lender draws, capital contributions, and distributions
  • Reconcile draws to budgets, contracts, and loan agreements
  • Ensure compliance with lender requirements and deadlines
  • Coordinate with lenders, contractors, and internal stakeholders
Budgeting & Forecasting
  • Assist in developing project budgets and financial forecasts
  • Update projections based on project progress and change orders
  • Provide financial insights to project teams
  • Prepare and maintain project cash flow forecasts
General Ledger & Financial Reporting
  • Maintain general ledger accounts across multiple entities (LLCs, partnerships)
  • Perform monthly bank reconciliations and account analyses
  • Prepare journal entries and monthly financial reporting packages
  • Assist in quarterly and annual financial statement preparation
  • Ensure proper classification of expenses and capitalized costs
Audit, Tax & Compliance Support
  • Prepare audit workpapers and support tax return preparation
  • Assist with cost certifications for contractors and owners
  • Maintain documentation for financing, contracts, and approvals
  • Ensure compliance with internal controls and partnership agreements
Systems & Process Support
  • Maintain accurate data in accounting and project management systems (e.g., QuickBooks, Smartsheet)
  • Utilize advanced Excel functions (pivot tables, modeling, etc.)
  • Support process improvements and financial reporting enhancements
  • Maintain organization across multiple development entities
  • Collaborate with development, construction, and leadership teams
  • Support reporting, documentation, and special projects as needed

QualificationsEducation
  • Bachelor's degree in Accounting, Finance, or a related field (required)
Experience
  • 3–7+ years of accounting experience
  • Experience in real estate development or construction accounting strongly preferred
  • Proven experience with project-based accounting and job costing required.
Technical Skills
  • Strong knowledge of construction/development accounting principles
  • Proficiency with QuickBooks or similar accounting software
  • Advanced Microsoft Excel skills
  • Experience with Smartsheet, SharePoint, and other business tools a plus
Core Competencies
  • Strong attention to detail and accuracy
  • Excellent analytical and problem-solving skills
  • Ability to manage multiple projects and deadlines
  • Strong organizational and documentation skills
  • Effective communication with cross-functional teams
  • Ability to thrive in a fast-paced, deadline-driven environment

Why Join Us?
  • Opportunity to work on impactful real estate development projects
  • Competitive compensation and benefits
  • Growth and professional development opportunities