Commercial Real Estate Investment Intern

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. 

Job Description

Key Responsibilities

- Assist in screening new investment opportunities for portfolio fit and relative value

- Support initial financial analysis and high‑level underwriting of prospective deals

- Conduct market research and comparable property analysis

- Help prepare investment summaries, memos, and presentation materials

- Maintain deal pipeline tracking and support internal reporting

- Participate in team meetings and selected deal discussions

- Provide general analytical and administrative support to investment professionals

Career Exploration & Partner Exposure

The internship program includes structured opportunities for career exploration across the commercial real estate industry. Interns will have the opportunity to observe and learn from select Allstate investment partners, gaining exposure to how real estate investments are executed beyond the investor perspective.

These experiences provide insight into a range of real estate disciplines and career paths, including:

- Development and project execution

- Leasing strategy and tenant decision‑making

- Property management and asset operations

This programming is designed to complement the core investment role and provide interns with a practical understanding of the full real estate lifecycle.

Qualifications

- Current undergraduate student pursuing a degree in Real Estate, Finance, Economics, Business, or related field

- Strong interest in commercial real estate and investments

- Proficiency in Excel and PowerPoint; financial modeling experience a plus but not required

- Strong analytical skills and attention to detail

- Ability to work effectively in a team environment and manage multiple tasks

Program Details

- Full‑time summer internship (10–12 weeks)

- Based in Chicago, IL (hybrid)

Skills

Commercial Real Estate, Commercial Real Estate Investment, Financial Analysis, Financial Modeling, Investments

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.

For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

To view the “EEO Know Your Rights” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs.

To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.

When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

To help create a more personal and engaging experience, we ask that you join with your camera on if your interview is virtual. Please also have a Valid Photo Identification available at the start of your interview.  If you require any accommodations or have questions ahead of your interview please reach out to your recruiter.

Note: Internal candidates are only asked to join on video; a Valid Photo Identification is not needed for the interview.