Internship Program Enters Its Fourth Year
The George Mason Masters in Real Estate Development (MRED) program marks the fourth year of a successful internship program with its corporate partner, the Washington D.C. office of global real estate firm Newmark Knight Frank (NKF). NKF is one of the world’s leading commercial real estate advisory firms. The company has roots dating back to 1929 and now has over 16,000 professionals operating from approximately 430 offices on six continents. The internships are sponsored by the Mason Center for Real Estate Entrepreneurship (CREE).
The paid internships with NKF’s market research group are hands-on, experiential learning opportunities that provide students with work experience and practical knowledge. MRED internships with NKF have proved helpful for students seeking a deeper understanding of the local real estate market and greater exposure to market players.
NKF has hired two MRED interns every year – one intern in the fall semester and one in the spring. Each intern goes through a competitive application process and then works approximately 16 hours per week for 12 weeks. The selected intern for fall 2018 is Marc Sorenson, a first year MRED student with a background in real estate brokerage and construction supervision. Past interns have successfully moved on to full-time careers that include affordable housing development, commercial brokerage, and real estate investment.
MRED interns work with NKF research staff on meaningful projects and are given real responsibility for project delivery and completion. Part of the success of the Mason NKF internship program is that students are assigned a senior on-site supervisor who creates and monitors specific learning objectives to be achieved throughout the duration of the internship. That experienced supervisor and mentor is Sandy Paul, who serves as senior managing director of national market research at NKF. He co-leads the firm’s research platform, which provides high quality thought leadership and information through market reports, white papers on current trends in commercial real estate, and a national research conference series called BenchMarks.
Beyond the internship program, NKF’s collaboration with George Mason includes market report sponsorships, classroom lectures, conference presentations, and student attendance at seminars and special events.
(If your real estate firm would like to discuss a similar collaboration with George Mason University, please contact Eric Maribojoc, Executive Director of the Center for Real Estate Entrepreneurship, at firstname.lastname@example.org or call 703-993-1875.)
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