Intern - Development

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns and manages a portfolio of more than 27,000 apartments across 28 states. As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform to deliver high-quality affordable housing that serves our residents at scale.

At Fairstead, we believe affordable housing should be thoughtfully designed, professionally managed, and responsibly operated. We seek to create and preserve housing that serves residents while delivering long-term value to communities, partners, and stakeholders. Fairstead challenges industry norms through our tech-forward, entrepreneurial approach to affordable housing. In addition to core real estate capabilities, we operate innovative service lines designed to improve resident outcomes, strengthen communities, and drive operational efficiency. We embrace digital transformation, data-driven decision-making, and emerging technologies, including AI, to build scalable systems that support sustainable growth, grounded in a culture of entrepreneurship, innovation, partnership, dedication, and integrity.

As a Development Intern, you will be exposed to the day-to-day challenges of acquiring, developing, renovating and placing in service of affordable housing units across the US, among other projects in Fairstead’s pipeline.

Responsibilities:

• Assist in the financial modelling of acquisition and development projects


• Assist with due diligence activities


• Assist with funding and regulatory applications


• Participate in project meetings including financing, design, construction, and closing calls


• Lead and present on multiple research projects focused on the real estate industry and affordable housing

Requirements:

• The ideal candidate would have a background in city planning, architecture, acquisitions, real estate development or real estate finance in the US


• Conversant in deal underwriting and financial modeling


• Knowledgeable in general real estate practices and principles


• Offsite meetings will be required – including travel

Please note, the internship will be on site at our NYC HQ from June 1st, 2026 - July 24th 2026

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.