2027 Summer Intern, Real Estate Economics & Consulting
RCLCO
$5,200 / month
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Description
RCLCO is one of the nation’s most respected real estate consulting firms. Founded in 1967, we provide strategic and analytical guidance to clients across the real estate industry, helping them make informed decisions about development, investment, and long-term strategy.
The Real Estate Economics (“REE”) team is RCLCO’s original consulting practice and the foundation on which the firm was built. The REE team combines market, economic, demographic, consumer, and financial analysis with a practical understanding of real estate development to help clients evaluate opportunities and develop strategies for projects, communities, and markets.
Our work spans market feasibility, development strategy, financial analysis, long-range economic planning, and consumer research, among other areas. Recent examples include strategic market analysis for Titletown in Ashwaubenon, Wisconsin; master-planning work for the Union Printers Home; and economic development consulting for the District of Columbia’s Downtown Action Plan.
We are looking for driven, analytically minded students to join the REE team for a paid Summer 2027 internship. Interns contribute to active client engagements, work alongside experienced consultants, and build a practical foundation for a career in real estate.
Why You Should Join Us
- Work on real client engagements. Interns contribute to active assignments, with their research, analysis, and presentation materials helping to support the recommendations we provide to clients.
- Gain broad exposure to the real estate industry. Our work spans urban, suburban, and rural markets and encompasses a range of project types, including mixed-use, housing, office, retail, hospitality, and industrial, among others. Given the diversity of the work, Interns learn how to approach real estate decisions in many different contexts.
- Build a durable analytical toolkit. Interns learn how to identify market trends, conduct research, construct financial and statistical analyses, and communicate findings through clear, polished client materials.
- Learn from experienced consultants. Interns work directly with project managers and senior firm leadership, gaining exposure to how consulting teams approach problems, evaluate solutions, and translate analysis into recommendations.
- Establish a foundation for a career in real estate. Strong performers may be invited to return to RCLCO to advance their careers in real estate consulting. Others have pursued careers in real estate development, private equity, banking, investment, and public policy, among other industries.
- Receive competitive compensation for meaningful work. The internship provides monthly compensation of $5,200, less required taxes and withholdings.
What You'll Do
- Organize data, analyze trends, and construct financial and statistical models by employing existing RCLCO methodologies and/or developing new approaches
- Conduct primary and secondary economic, demographic, and real estate research
- Prepare reports and presentations to communicate key findings and recommendations to clients
- Provide analytical support in client meetings and presentations
- Support business development and intellectual property initiatives
What We're Looking For
- Undergraduate or graduate students who will be entering their final year of study and are pursuing a degree in economics, finance, real estate, urban studies or planning, architecture, human geography, political science, or another related discipline
- A strong academic record (please include GPA for all relevant academic programs)
- Sharp problem-solving instincts; comfortable moving between quantitative modeling and qualitative judgment
- Advanced proficiency in Excel, PowerPoint, and Word, along with strong research skills
- Excellent written and verbal communication
- A professional, self-starting attitude
- Excellent critical thinking abilities
- Interest in building a long-term career in Austin, Los Angeles, or Washington, D.C.
Program Details
Duration
Approximately 8 weeks
Compensation
$5,200 per month, less required taxes and withholdings
Location
Austin, Los Angeles, Washington, D.C.
Interview Process
Skills Assessment, Zoom Video Interview, Final Interview (In-Person or Zoom, depending on location)
Please indicate your preferred office location and include GPA(s) for all relevant academic programs in your application.
Benefits
- stock options
About this role
RCLCO's Real Estate Economics team is seeking analytically strong students for a paid eight-week summer internship working on active client projects. You'd contribute research, financial modeling, and analysis to real consulting engagements—the kind of work that directly shapes client recommendations on development strategy, market feasibility, and economic planning. The firm's portfolio spans mixed-use, housing, office, retail, and industrial projects across urban, suburban, and rural markets, so you'd gain exposure to how real estate decisions play out in different contexts.
The role calls for someone comfortable with both quantitative and qualitative analysis: you'll organize data, build financial models using Excel, conduct primary and secondary research, and translate findings into polished client presentations. You should be entering your final year of study in economics, finance, real estate, urban studies, architecture, or a related field, with strong academic performance, advanced Excel and Office skills, and the ability to communicate complex analysis clearly. A self-starting attitude and critical thinking matter as much as technical ability.
Beyond the immediate summer work, RCLCO positions strong interns for return offers and longer careers in real estate consulting, development, finance, or policy. The firm offers $5,200 monthly compensation and is based in Austin, with additional offices in Los Angeles and Washington, D.C.—and the application asks where you'd prefer to work and your GPA.
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Pay for this role
$5,200 per year
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