About the role#
StepStone is seeking undergraduate students to join the Real Estate team as Summer Analysts for the 2027 term. This internship provides exposure to the evaluation, due diligence, execution, and asset management of real estate investments across various property types, markets, and capital structures. You will work directly with the investment team to prepare recommendations for the Real Estate Investment Committee and institutional clients.
What you'll do#
- Participate in the underwriting and due diligence process for potential acquisitions, including financial analysis, market research, and document review.
- Build financial models and perform sensitivity analyses to evaluate investment opportunities.
- Construct and communicate investment theses clearly in both written and verbal formats.
- Draft investment memorandums and presentation materials for acquisition opportunities.
- Assist with asset management tasks, including financial analysis and investor reporting for existing portfolio investments.
- Support fundraising efforts by preparing presentation materials and analyzing historical fund and asset level performance.
- Complete a case study for a mock investment to be presented to the Investment Committee.
What you'll need#
- Current undergraduate student graduating between December 2027 and June 2028.
- Minimum GPA of 3.5.
- Strong proficiency in Microsoft Word, PowerPoint, and Excel.
- Excellent written and verbal communication skills.
- Demonstrable analytical capabilities, including strong quantitative and modeling skills.
- Ability to work legally in the United States without requiring visa sponsorship.
Location & details#
- Location: San Francisco, California.
- Modality: On-site.
- Term: Summer 2027.
- Compensation: Paid position.
