2027 Real Estate Investment & Advisory Summer Analyst

StepStone Group•New York, NY

8h•Hybrid

About The Position

StepStone is currently seeking undergraduate students graduating between December 2027 through June 2028 to join our Real Estate team as Summer Analysts. This internship offers an exciting opportunity to achieve valuable learning experience working across the Real Estate industry. Through analysis of opportunistic, value-add, core and credit funds, Summer Analysts gain exposure to a wide array of property types, markets and capital structures and become accustomed to a variety of real estate private equity funds and investment strategies.

Requirements

Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future.
Undergraduate student graduating anywhere from December 2027 through June 2028.
GPA of 3.2 or higher.
Strong proficiency in Microsoft Word, PowerPoint and Excel.
Excellent written and verbal communication skills.
Demonstrable analytical capabilities, including strong quantitative/modeling skills.
Collaborative mindset with a proactive and team-oriented approach.
Enthusiastic interest in Real Estate.
Candidates must be at least 18 years old to apply.

Responsibilities

Collaborate with the investment team to prepare and present recommendations to the Real Estate Investment Committee and our institutional investor clients.
Underwrite and assess prospective fund manager materials to identify key value drivers and areas for deeper analysis.
Participate in the underwriting and due diligence process for potential GP-led secondary and co-investment transactions, including financial modeling/analysis, market research, site visits, and document review.
Conduct market research using public sources and proprietary databases to analyze macroeconomic trends across property types.
Participate in meetings with potential partners and fund managers, supporting all aspects of active investment and advisory due diligence.
Support full-time staff on coverage responsibilities including asset and portfolio management of existing real estate portfolio and sourcing, and managing the inflow of investment opportunities.