Intern, Development (Summer)
New Haven, CT - USA
Job Summary
Who We Are BluevaleCapital
BluevaleCapital is a boutiquereal-estateprivate-equity firm that specializes in value-add development and special-situation multi-residential projects. Over the past two years the firm has completed over $200 M of transactions with the intention of creating a $1B real-estate fund over the next 2-3 years. By working with government leaders and by partnering with our sponsors and lenders the companys vision is to create 10000 residential units with a focus on tackling the affordable-housing crisis in North America.
Role Description
We areseekinga highly driven Summer Development Intern to serve as a junior Owners Representative embedded on active adaptive reuse construction projects across is not a shadowing role. Adaptive reuse projects present real-time problemsolving:uncovering unforeseen field conditions coordinating structural modifications resolving design conflicts within existing buildings and managing budget impacts tied to existing-condition intern will take ownership of defined workstreams andoperateas an extension of the development team in the field protecting the owners interests in scope quality schedule and cost.
Key Responsibilities
On-Site Adaptive Reuse Oversight
- Be present on-site multiple days per week as the owners field representative
- Conduct structured site walks focused on existing-condition discoveries and quality control
- Document unforeseen field conditions and track associated cost/schedule impacts
- Maintain and circulate weekly progress reports for senior leadership
- Monitor compliance with historic preservation and municipal requirements (as applicable)
Cost Control & Change Management
- Reviewcontractorpay applications against verified progress
- Analyze andvalidatechange orders related to unforeseen conditions
- Track contingency usage particularly as it relates to structural MEP and envelope modifications
- Support value engineering initiatives while preserving project integrity
Design & Technical Coordination
- Review RFIs submittals and shop drawings with an adaptive reuse lens
- Help resolve drawing conflicts that arise from existing structural or MEP conditions
- Coordinate with architects and engineers on revisions driven by field discoveries
- Support permitting and municipal inspections specific to renovation and repositioning
Schedule & Trade Coordination
- Maintain working knowledge of the master schedule with focus on sequencing within existing structures
- Identifytrade stacking and access constraints typical in renovation projects
- Participate actively in meetingsrepresentingownership
Capital & Lender Reporting
- Assistin preparation of monthly construction draw packages
- Support lender inspections and documentation
- Update development budgets and cash flow models to reflect real-time field developments
Project Closeout & Turnover
- Manage punch list tracking in partially occupied or phased buildings (if applicable)
- Track warranties and closeout documentation specific to retrofit systems
- Support delivery readiness for repositioned assets
Qualifications
- Rising senior or graduate student in Construction Management Real Estate Development Civil Engineering Architecture or related field
- Prior field experience strongly preferred especially on renovation or repositioning projects
- Ability to read and interpret construction drawings
- Strong Excel skills and comfort tracking budgets
- Highly organized and detail-oriented
- Comfortable operating in active construction environments
- Willingness to spend substantial time on job sites across Connecticut
What Makes Adaptive Reuse Different
This role provides exposure to challenges that do not exist in ground-up development including:
- Working within existing structural systems
- Managing demolition and selective removal
- Coordinating new MEP systems within constrained footprints
- Addressing unforeseen conditions and cost impacts in real time
Ideal Candidate
This role is best suited for someone who:
- Wants to build a career in adaptive reuse and repositioning projects
- Is energized by solving real-world construction challenges
- Thrives in high-accountability small-team environments
- Is comfortable in steel-toed boots one day and reviewing change orders the next
Required Experience:
Intern
Key Skills
About Company
Bluevale Capital is a leading ESG-focused real estate investment firm with offices in Connecticut and Toronto. Specializing in sustainable and socially responsible investments, Bluevale Capital is committed to delivering long-term value while prioritizing environmental, social, and go ... View more