Intern - Real Estate Development at Project Luong Architects LLC

Houston, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

22 May, 26

Salary

20.0

Posted On

21 Feb, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Modeling, Feasibility Analysis, Market Research, Competitive Positioning, Demographic Analysis, Tenant Credit Finance, Public-Private Partnership Structures, Underwriting, Revenue Projections, Capital Stacks, Site Selection Analysis, Highest-and-Best-Use Studies, Investment Memorandums, Pitch Decks, Excel, PowerPoint

Industry

Architecture and Planning

Description

Description Your Position on The Team: Project Luong is looking for a Real Estate Development Summer Intern. This internship is not about filing papers or grabbing coffee — though none of us are above either. You will be embedded in active projects and exposed to the different parts of development: from first conversation and site evaluation to financing strategy and long-term operations. Project Luong Development is an architecture-based development platform. That means we think differently. We don’t just analyze deals on spreadsheets — we think about how people move through spaces, how cities fund public projects, how risk is structured, and how destinations are created. As an intern, you will work alongside our development team in Houston and gain real-world exposure to: Financial modeling and feasibility analysis for mixed-use, hospitality, municipal, and destination projects Market research, competitive positioning, and demographic analysis Tenant Credit Finance (TCF), public-private partnership structures, and alternative community financing strategies Underwriting assumptions including revenue projections, operating expenses, and capital stacks Site selection analysis and highest-and-best-use studies Investment memorandums, pitch decks, and city-facing presentations Coordination between architects, engineers, operators, contractors, and capital partners You will sit in on real strategy discussions — not simulations. We expect you to contribute ideas, ask questions, and grow quickly. Throughout the summer, you will receive direct mentorship from our principals and senior leadership, gaining insight into how development decisions are made — from concept to ribbon cutting. How You’ll Spend Your Summer: Assist in building and refining financial models (Excel-based pro formas, IRR, NPV, sensitivity analyses) Support underwriting of hospitality, civic, and mixed-use developments Conduct market research and prepare executive-level summaries Analyze public finance structures and alternative funding mechanisms Help prepare proposals, LOIs, and RFQ responses Participate in development strategy sessions Engage in firm-wide learning initiatives and team-building events Requirements What You Need to Have: Be enrolled in and actively pursuing a bachelor’s or master’s degree in architecture, finance, or related fields from an accredited program. Excel, Word, and PowerPoint with a strong emphasis on Excel modeling capabilities. Maintain a minimum 3.2 GPA. Pursuing classes or a certification in Real Estate is a plus but not necessary. Internship experience in Commercial Real Estate a plus but not necessary. Notes: This is a paid, temporary (approx. 12 weeks) summer position with compensation between $14 and $20 per hour, based on current year of school. About Us: Project Luong Development is the development platform of Project Luong — focused on financing, developing, and delivering civic and destination-driven real estate projects. We specialize in projects where design, finance, and operations intersect. Our work includes public-private partnerships, municipal recreation facilities, hospitality developments, waterpark resorts, entertainment districts, and mixed-use destinations across the country. What makes us different is our architecture-first mindset combined with financial discipline. We understand how to structure deals, manage risk, align public and private interests, and create places where people gather, stay, and return. We don’t operate in silos. We finance. We develop. We design. We build. We operate. Our team works closely with mayors, city managers, economic development directors, private capital partners, and specialized operators to bring complex projects to life — often using alternative community financing strategies that unlock projects other developers can’t. Through this internship, you will become part of our mission of Doing More. Our leadership is committed to fostering an inclusive, supportive workplace because our reputation and integrity depend not only on the quality of our work but also on how we treat our People. We invest in those we hire. If you are creative, hardworking, and eager to grow, we would love to talk with you about joining our team for the summer. As an equal opportunity employer, Project Luong advocates for diversity, equity, and inclusion and does not discriminate in our hiring practices. We don’t just say this - our People reflect this commitment.

Responsibilities

The intern will be embedded in active projects, gaining exposure to various development stages including financial modeling, feasibility analysis for mixed-use and hospitality projects, and market research. Responsibilities also include supporting underwriting, analyzing public finance structures, and preparing presentations for city-facing discussions.