'26 Summer Associate (Masters/MBA) - Real Estate Development

WELLTOWER – REIMAGINE REAL ESTATE WITH US

Welltower, now the world’s largest real estate company by market capitalization, is growing at an exciting pace! We’re transforming how the world thinks about senior living and wellness-focused real estate—creating vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. Our culture is fast-paced, collaborative, and endlessly ambitious—guided by our mantra: The only easy day was yesterday.

Meaningful Work Alongside Meaningful Relationships
Our interns don’t get side projects—they’re immersed in high-priority work from day one. You’ll collaborate directly with our teams to evaluate opportunities, design innovative solutions, and help deliver long-term value. With direct access to senior leadership, hands-on experience across our platform, and a culture that prizes ambition and curiosity, you’ll develop extraordinary skills in just ten weeks.

If you’re a bold, independent thinker who thrives on challenge, embraces complexity, and is excited by the opportunity to disrupt an industry through creativity, capital allocation, and compounding growth, Welltower is the place to launch your career.

SUMMARY & KEY RESPONSIBILITIES

The Development Internship provides exposure to all facets of the development process, including feasibility and market analysis, benchmarking, research, and underwriting. Interns will apply their analytical and communication skills while supporting both internal and external relationship management, a cornerstone of Welltower’s development strategy and industry leadership.

The Development team is responsible for:

• Partner with the Investments team to analyze development opportunities at the pre-acquisition stage.
• Assist in overseeing active deals through turnover.
• Support the management of internal and external partnerships.
• Benchmark key information to compare and evaluate future deals.
• Contribute to the underwriting of development opportunities.
• Assist in tracking and reviewing development budgets.
• Help standardize and align information provided by partners.
• Support the analysis of partner performance.
• Participate in site and land visits, as well as market assessments.
• Assist in the selection process for contractors and consultants.
• Help educate Investment team members on the development process.
• Develop an understanding of market supply and demand fundamentals.
• Perform other duties as assigned.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Some out of area and overnight travel may be expected.

MINIMUM REQUIREMENTS

Education: Must be currently enrolled in a MS or MBA program.

Experience: Previous internship or relevant work experience is preferred.

Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials relevant to the position.

ABOUT WELLTOWER

Welltower® Inc. (NYSE: WELL) an S&P 500 company, is the world's preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500 Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors – our North Star.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet