Real Estate Analyst Intern, Summer 2027

Internship candidates can expect a full-time onsite internship program, running from June 2027 to August 2027. The position is located in Milwaukee, Wisconsin. Relocation benefits are provided to non-local interns.

About the role

As a Real Estate Analyst Intern, you will work alongside your hiring manager, mentor, and team to complete tasks critical for Northwestern Mutual's success. We are here to help you both identify and continue to develop your future career goals and passions.

Northwestern Mutual Real Estate is responsible for the property investments of the Northwestern Mutual Life Insurance Company. Northwestern Mutual is one of the largest investors of commercial real estate in the U.S. with a debt and equity portfolio exceeding $60 billion diversified across U.S. markets and all major property types.

In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&As, volunteer initiatives, networking/social events, and more.

Responsibilities

• Provide underwriting and due diligence support on proposed new debt and equity investments.
• Participate in the investment underwriting process in the home office, coordinating with multiple functional units – Architecture, Environmental, Law, Closing, Insurance and Tax.
• Work with investment production professionals in real estate field offices to prepare deal submissions, review due diligence materials and gather additional information as needed.
• Develop a solid understanding of property-level data, market fundamentals and deal terms on multiple transactions.
• Prepare and maintain loan pricing and equity return models.
• Prepare final underwriting documents for, and present investments to, senior management for final approval.
• Assist field office personnel with ongoing monitoring of investments, including the review and analysis of servicing requests.
• Some travel is required.

Requirements

• Pursuing a Bachelor's degree in Real Estate, Finance, Accounting or related field from an accredited college or university.
• Graduating in December 2027 or May 2028.
• Cumulative grade point average of 3.3 or higher.
• Previous work or classroom experience in one or more of the following: fundamentals of real estate valuation, finance, accounting, property-level due diligence, real estate law and construction.
• Proficiency with Microsoft Excel; experience with Argus or other DCF modeling software a plus.
• Employer immigration sponsorship is not available for this role.

Preferred Skills

• Previous Real Estate internship and/or relevant project experience.
• Effective oral and written communication skills.
• Demonstrated analytical and problem-solving ability.
• High degree of self-motivation, passion, and a drive to learn.
• Ability to balance multiple priorities.

Pay

Internship salaries are determined based on academic tenure and major. The standard pay range for this role is $16.50 to $30.00 per hour.

Benefits

• Flexible work schedules
• Concierge service
• Comprehensive benefits
• Employee resource groups