Location: Roseville, MN (with potential travel to project sites)
Type: Internship (3 months, hourly) with opportunity for full-time hire

Mission Statement

Tareen Development Partners (TDP) is a real estate development firm specializing in affordable housing, mixed-use projects, and student housing. We partner with cities, nonprofits, and institutional investors to create long-term community impact while delivering exceptional results. Our portfolio includes hundreds of units under development across the Midwest and beyond.

Job Summary

Tareen Development Partners is a developer, investor, and operator based in the Twin Cities, poised for exponential growth on a regional and national basis. We have an entrepreneurial and dynamic team with a primary focus on providing high-quality affordable housing but also including market-rate, student and for-sale housing. In addition, our team is also experts in other commercial properties and development including retail and medical office. We are a mission-based firm that is MBE certified and committed to creating high quality communities that further enhance the greater neighborhood and overall communities we work in.

Responsibilities

• Conduct due diligence, including site research, zoning review,  market analysis, environmental review, and site feasibility studies.
• Track development purchase agreements and approval timelines; coordinate with internal and external parties to ensure timely completion of all due diligence.
• Learn and assist with financing structures and funding sources (e.g., LIHTC 4% & 9%, Tax-Exempt Bonds, TIF, RAD, HOME, CDBG, AHP).
• Underwrite new developments and acquisitions through financial modeling and pro-forma analysis.
• Support relationships with lenders, investors, and other financial partners.
• Help prepare presentations and briefing materials for city officials and other stakeholders.
• Assist with design and construction coordination.
• Work with vendors and utility providers to secure services and contracts (will-serve letters, elevator, landscaping, etc.).
• Support logistics for real estate closings and procurement of FF&E (furniture, fixtures, and equipment).
• Perform other duties as assigned and travel occasionally.

• Current junior or senior, or recent graduate, in Real Estate, Finance, Economics, Math, Civil Engineering, Urban Planning, or a related field.
• Strong analytical and quantitative skills, including proficiency in Microsoft Excel; familiarity with mapping/GIS tools and basic real estate finance.
• Excellent written and verbal communication abilities.
• Highly organized, detail-oriented, and entrepreneurial.
• Interest in housing and community development, with a focus on affordable housing.
• Ability to work independently and handle a variety of tasks.
• Primarily in-office role (flexibility may be considered).

Internship Compensation/Time:

• $20-25 per hour (depending on experience)
• Full-time, 40 hours per week

Future employment for appropriate candidates is a possibility as a Development Analyst in a full-time position with salary and benefits. In that role, the Development Analyst would further expand their responsibilities from that of the Development Intern while taking on more responsibilities to help the development team in executing new developments and acquisitions through the full life cycle of each project. 

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The employee is regularly required to stand, walk, sit, use hands to handle objects or controls; reach with hands and arms; balance; stoop, kneel, or crouch; and communicate effectively. The employee must be able to lift or move up to 20 pounds. Specific vision abilities required include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.