Summer 2027 Intern - Investments - Mortgage/Real Estate

Responsibilities

• Assist with investment origination, due diligence, and financial modeling to support the continued growth of the commercial mortgage loan and real estate equity portfolios.
• Prepare and present investment recommendations to senior leadership for investment selection and approval.
• Gain exposure to asset management through our annual loan review and risk rating process, including an evaluation of individual property performance.
• Analyze and evaluate economic data, local market research, property comparables, and tenant financial information to support risk assessments, valuations, and investment decisions for multifamily, industrial, office, and retail property types.
• Complete special projects for various functional areas within the real estate portfolio, including mortgage loans, real estate equity, and REITs.
• Participate in an on-site property inspection and related due diligence alongside State Farm real estate professionals; meet with local real estate owners, developers, and brokers to learn how industry relationships are developed.

Qualifications

• Currently enrolled college students who will have completed their junior year by start of the internship.
• Cumulative GPA of 3.5 or higher preferred, with a record of academic and personal achievement.
• Coursework, relevant experience, or expressed interest in areas such as real estate, investments, accounting, financial statement analysis, economics, and corporate finance.
• Strong analytical, critical thinking, and risk assessment skills.
• Ability to work collaboratively as part of a team, as well as operate independently.
• Effective customer service and interpersonal skills, including the ability to create, build, and maintain relationships with internal and external parties.
• Excellent influencing, problem-solving, and communication skills.
• Strong prioritization, time management, and organizational skills to meet deadlines while maintaining attention to detail.
• A desire to continuously learn, develop expertise, and apply new knowledge into action.
• Authorized to work in the United States at the time of hire.

What You’ll Learn And Gain

• Again an inside look into the management of a commercial real estate portfolio of more than $23 billion, along with exposure to the State Farm network of commercial real estate developers, operators, and brokers across major US markets.
• Develop a deeper understanding of the investment industry, the State Farm investment philosophy, and other asset classes within the Investment Department.
• Contribute to a collaborative team environment that encourages thoughtful discussion and different perspectives.
• Receive personalized mentoring and coaching from experienced investment professionals.
• Network with senior leaders and external investment industry professionals.
• Build relationships with other talented interns.
• Strengthen analytical, communication and presentation skills.

Pay

Hourly Rate: $33.00/hour based on a 38.75-hour work week

Schedule

Hybrid work environment: Combination of in-office and working from home, based on internship and business requirements