Asset Management Intern

Acadia Realty Trust Internship

Acadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual core and investment management platforms. Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic urban and street-retail corridors, including those in New York, Chicago, Los Angeles, San Francisco, Washington DC, Dallas, and Boston. At the same time, we manage opportunistic and value-add investments through our investment management platform.

Acadia is currently seeking a qualified intern to join its Asset Management department, who can provide assistance with the overall management of the development process of large scale retail properties.

Interns are assigned a mentor who will provide guidance throughout the duration of their internship. Interns will be encouraged to learn as much as possible about Acadia and how Acadia's various departments collaborate throughout the acquisitions process. The intern should be prepared to work in a fast-paced team environment and will finish the internship having gained broad experience in the deal analysis of retail-focused commercial real estate.

This is an onsite paid internship based in Rye, New York. This 10-week program will commence on May 26, 2026 and conclude on August 6, 2026.

Interns will be exposed to and provide support in the following areas:

• Assist in the creation and maintenance of property-level financial models for Core and Fund assets; which includes budgeting for capital improvements and re-leasing costs; projecting lease-up rents and cash flows; incorporating operating costs and net operating income; inserting debt and equity terms; and confirming investment metrics.
• Perform updating and maintenance of financial models, such as confirming current rent and operating cost projections; inserting actual income and costs; and re-projecting investment metrics.
• Present financial analysis and updated models to executives.
• Assist in Acadia's interfacing with 3rd parties, such as lenders, co-op boards, neighbors, government entities, etc.
• Attend leasing, Property management and construction meetings, and coordinate or follow up on miscellaneous items.

Requirements:

• Must have completed junior year of college
• Must be enrolled in a college degree program at an accredited institution
• Must be able to work onsite in Rye, NY
• Ability to work 40 hours per week
• Must have a GPA of 3.0 or above
• Must have unrestricted work authorization in the US without a visa or sponsorship

Desired Characteristics:

• Highly self-motivated, hardworking, detail-oriented
• Ability to prioritize challenging work schedule/multi-task
• Strong communications skills (verbal, written and listening)
• Proficient in Microsoft Office, particularly Excel
• Pursuing degree in related area including commercial real estate, business or related field
• Passionate to learn about commercial real estate
• Demonstrated ability to run financial models through Excel and Argus.

An estimate of the current compensation for this position is $20.00 23.00 an hour.