'27 Summer Associate (Masters/MBA) - Real Estate Development

Welltower – Reimagine Real Estate With Us

Welltower is the world’s largest real estate company by market capitalization and is transforming how the world thinks about senior living and wellness-focused real estate. The organization is building vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. The culture is fast-paced, collaborative, and ambitious—guided by the mantra: “The only easy day was yesterday.”

Meaningful Work Alongside Meaningful Relationships
Interns are immersed in high-priority work from day one. You will collaborate directly with teams to evaluate opportunities, design innovative solutions, and help deliver long-term value. With direct access to senior leadership, hands-on experience across the platform, and a culture that prizes ambition and curiosity, you will develop extraordinary skills in just ten weeks.

If you are a bold, independent thinker who thrives on challenge, embraces complexity, and is excited by the opportunity to disrupt an industry through creativity, capital allocation, and compounding growth, Welltower is an opportunity to launch your career.

Development Internship

The Development Internship provides exposure to all facets of the development process, including feasibility and market analysis, benchmarking, research, and underwriting. Interns will apply analytical and communication skills while supporting internal and external relationship management, a cornerstone of Welltower’s development strategy and industry leadership.

Summary & Key Responsibilities

The Development team is responsible for:

• Partner with the Investments team to analyze development opportunities at the pre-acquisition stage.
• Assist in overseeing active deals through turnover.
• Support the management of internal and external partnerships.
• Benchmark key information to compare and evaluate future deals.
• Contribute to the underwriting of development opportunities.
• Assist in tracking and reviewing development budgets.
• Help standardize and align information provided by partners.
• Support the analysis of partner performance.
• Participate in site and land visits, as well as market assessments.
• Assist in the selection process for contractors and consultants.
• Help educate Investment team members on the development process.
• Develop an understanding of market supply and demand fundamentals.
• Perform other duties as assigned.

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required for this position. Duties, responsibilities, and activities may change at any time with or without notice.

Travel

Some out-of-area and overnight travel may be expected.

Minimum Requirements

Education: Must be currently enrolled in a MS or MBA program.

Experience: Previous internship or relevant work experience is preferred.

Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials relevant to the position.

Compensation

The salary range for this role in NYC is $48.25/hour.

About Welltower

Welltower Inc. (NYSE: WELL), an S&P 500 company, is the world’s preeminent residential wellness and healthcare infrastructure company. Its portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. The company also seeks to support physicians in Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

The real estate portfolio is located in highly attractive micro-markets with built environments. Welltower views itself as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through a disciplined approach to capital allocation powered by a data science platform and superior operating results driven by the Welltower Business System, the company aspires to deliver long-term compounding of per share growth and returns for existing investors—its North Star.