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Real Estate Development Internship Jobs in Silver Spring, MD

Urban, Ltd

Real Estate Development Manager

Annandale, VA · On-site

$80K - $120K/yr

... real estate, finance, architecture, engineering, construction management, or another related field. * 3-5 years of managing commercial and residential land development projects through the approval ...

Soave Real Estate

Real Estate Paralegal

Brambleton, VA · On-site

$85K - $115K/yr

Coordinate due diligence for development sites (title, ALTA surveys, zoning, environmental ... years of real estate paralegal experience (law firm or corporate legal department) * Strong ...

JLL

Real Estate Consultant

Washington, DC · On-site

Real Estate Consultant - JLL What this job involves: We are currently seeking a Real Estate ... or infrastructure development through coursework, internships, volunteer work, or previous ...

Classic Settlements, Inc.

Be Seen First

Real Estate Settlement Attorney

Tysons, VA · On-site

$120K - $170K/yr

Active license to practice law in Virginia * 2+ years of experience in real estate settlements preferred (will consider strong entry-level candidates with relevant internship or clerkship experience)

New

Classic Settlements, Inc.

Be Seen First

Real Estate Settlement Attorney

Tysons, VA · On-site

$120K - $170K/yr

Active license to practice law in Virginia * 2+ years of experience in real estate settlements preferred (will consider strong entry-level candidates with relevant internship or clerkship experience)

New

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Real Estate Development Internship information

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

As of Jul 2, 2026, the average hourly pay for real estate development internship in Silver Spring, MD is $20.27, according to ZipRecruiter salary data. Most workers in this role earn between $16.88 and $23.12 per hour, depending on experience, location, and employer.

What is a Real Estate Development Internship?

A Real Estate Development Internship is a temporary position designed to give students or recent graduates hands-on experience in the real estate development industry. Interns typically assist with market research, financial analysis, project management, and property evaluation. This role allows individuals to learn about the development process, such as site selection, permitting, construction, and marketing. Interns work closely with experienced professionals, gaining valuable insights and networking opportunities that can help them start a career in real estate development.

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

AspectReal Estate Development InternshipReal Estate Analyst
Required CredentialsTypically pursuing or recent graduate, some knowledge of real estate or related fieldsBachelor's degree in finance, real estate, or related field; often requires some experience
Work EnvironmentInternship programs within real estate development firms, often in office settingsFull-time role in investment firms, real estate companies, or development firms, primarily office-based
Employer & Industry UsageUsed by real estate development companies to train future professionalsCommon in real estate investment, finance, and development sectors for data analysis and market research

The main difference is that a Real Estate Development Internship is an entry-level, temporary position aimed at gaining industry experience, while a Real Estate Analyst is a more advanced, full-time role focused on analyzing market data, financial modeling, and supporting investment decisions within the real estate industry.

What types of projects and tasks can I expect to work on during a Real Estate Development Internship?

As a Real Estate Development Intern, you'll typically assist with market research, financial analysis, site visits, and preparing presentations for potential developments. You may also help coordinate meetings, review zoning and permitting requirements, and support the due diligence process. Interns often work closely with development managers and analysts, gaining hands-on exposure to the different phases of a real estate project and collaborating with various teams, such as acquisitions, design, and construction. This provides a comprehensive understanding of the development cycle and valuable networking opportunities within the industry.

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 strong analytical skills, attention to detail, and a background in business, finance, or urban planning, often supported by relevant coursework or internships. Familiarity with financial modeling tools, Microsoft Excel, and project management software is commonly required. Effective communication, initiative, and teamwork are crucial soft skills for navigating cross-functional projects and stakeholder interactions. These abilities are essential for contributing meaningfully to project planning, analysis, and execution in the fast-paced real estate industry.
What are the most commonly searched types of Real Estate Development jobs in Silver Spring, MD? The most popular types of Real Estate Development jobs in Silver Spring, MD are:
What job categories do people searching Real Estate Development Internship jobs in Silver Spring, MD look for? The top searched job categories for Real Estate Development Internship jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Real Estate Development Internship jobs? Cities near Silver Spring, MD with the most Real Estate Development Internship job openings:
Real Estate Development Internship jobs near you
Real Estate Development Accountant

Real Estate Development Accountant

BANNEKER VENTURES LLC

Silver Spring, MD • On-site

$70K - $90K/yr

Full-time

Posted 25 days ago

Job description

About Banneker

Banneker Ventures is a dynamic and fast-growing real estate development, construction, advisory, and property management firm dedicated to building vibrant, sustainable communities throughout the Washington, DC metropolitan area. With a reputation for excellence, Banneker recently expanded its operations to include a Property Management division. The role we are seeking to fill offers the unique opportunity to lead and shape this new division, directly impacting the long-term growth and success of the firm.

Its real estate development division prides itself on helping to solve the affordable and workforce housing problem in the Washington Metropolitan region. It is currently working on $1.5 billion in projects, and 2 million square feet of housing, retail, office, and entertainment space throughout Washington DC, Maryland, and New York City. Its mission is to ensure that every family has a safe, quality, and affordable place to live while creating opportunities for those who have historically not had the opportunity to work on and be part of large-scale development and construction projects.

Job Description

Reporting to the CFO, the Real Estate Development Accountant is responsible for performing professional-level accounting work related to the maintenance, analysis, and reporting of financial records for real estate development and construction projects. The role requires strong knowledge of construction and real estate accounting principles, with an emphasis on general ledger management, job costing, and accounts receivable. Key responsibilities include managing monthly closings, maintaining accurate accounting records and files, preparing and organizing financial reports and analyses, and ensuring compliance with company policies and industry standards. The Real Estate Accountant will also support draw requests, work-in-progress schedules, and other project-related reporting. This position may also participate in ad hoc projects, process improvements, and general office support as needed.

Essential Duties and Responsibilities:

Prepare and maintain pre-development budgets, including land acquisition costs, zoning, permitting, and soft costs.

  • Track feasibility study expenses and compare them against approved budgets.
  • Model project pro formas, including anticipated financing costs, developer fees, and contingency allowances.
  • Record and categorize all pre-development expenditures (legal, architectural, engineering, due diligence).
  • Maintain general ledger accounts for pre-development costs to ensure accurate capitalization.
  • Monitor use of equity contributions and pre-construction financing draws.
  • Prepare draw requests for lenders and investors, including supporting documentation for each cost incurred.
  • Track pre-development loan interest, fees, and repayment schedules.
  • Produce monthly pre-development financial reports for project managers and executives.
  • Assist in variance analysis between budgeted and actual costs.
  • Provide financial input for investor updates and capital partner reporting.
  • Maintain detailed job cost reports by cost code, including committed costs vs. actuals.
  • Process contractors invoices and progress billings, ensuring alignment with contract terms and percentage of completion.
  • Prepare monthly construction loan draw packages with all supporting invoices, lien waivers, and compliance documents.
  • Reconcile lender draw disbursements with recorded project costs.
  • Monitor availability of contingency funds and adjust forecasts accordingly.
  • Produce development-phase financial statements for management and investors.
  • Ensure compliance with loan agreements, investor reporting requirements, and audit requests.
  • Monitor insurance costs, bonds, and other project-related financial obligations.

Additional Performance Factors:

  • Extreme attention to detail and focus on accuracy
  • Maintains professional and technical knowledge by identifying and participating in training programs. Recommends process performance improvements.
  • Adheres to corporate policies/standards and guidelines as established in cross-functional areas.
  • Prompt arrival to work, meetings and activities as related to job functions
  • Performs other duties as assigned.

Qualifications:

  • Bachelor’s degree in Accounting or Finance and a minimum of 1 year of applying accounting principles in a general contracting environment with annual revenue of at least $10MM; or an acceptable equivalent to education and experience in the field.
  • Able to demonstrate proficiency with general accounting principles and application of appropriate standards such as revenue recognition, job costing, and payroll taxes.
  • Hands on experience preparing financial reports and extracting data from databases to prepare reports for analysis at a high level.
  • LIHTC Experience preferred.
  • Strong Excel skills and experience working with Quickbooks software.
  • Experience in accounting, real estate accounting, or property accounting preferred.
  • Experience in real estate industry preferred.
  • Solid written and verbal communication skills are a must.
  • Good interpersonal, communication, organizational, multi- tasking, teamwork and abstract thinking skills are required.