2027 Real Estate Investments Summer Analyst

StepStone Group • San Francisco, CA

5h • 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 gain valuable learning experience with SRE's Investment Team. Summer Analysts will assist in the evaluation, due diligence, execution, and ongoing asset management of real estate investments across a wide range of property types, markets, and capital structures.

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 3.5 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.
• Demonstrated interest in real estate investing.
• 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 institutional investor clients.
• Participate in the underwriting and due diligence process for potential acquisitions, including financial analysis, market research, site visits, and document review.
• Build financial models and perform sensitivity analyses to evaluate investment opportunities.
• Develop and articulate independent views on the attractiveness of sectors or specific investment opportunities.
• Construct and communicate investment theses clearly—both in writing and verbally—and defend your position in team settings, including Investment Committee meetings.
• 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 which will be presented to Investment Committee.

Benefits

• The salary does not include any benefits or other forms of possible compensation that may be available to employees.

What This Job Offers

• Career Level: Intern