Real Estate Research Summer Analyst Role Overview:

StepStone offers Summer Analysts an opportunity to achieve valuable learning experiences working across the real estate private equity 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. The Summer Analyst will have the opportunity to prepare and present recommendations, with the investment team, to the Real Estate Investment Committee and to the Real Estate team’s client base of institutional investors.

StepStone prides itself on the Firm’s collegial atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects. The ideal candidate will possess strong academic achievement, high quality writing skills and a solid financial background.

Essential Internship Functions:

• The underwriting and assessment of prospective fund manager marketing and supporting materials to identify key value drivers and important areas for further investigation
• Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of property types
• Interpret financial analyses prepared by operating fund managers, including investment track records, financial statement analysis and fund models
• Prepare for and participate in meetings with potential partners, fund managers and assist in all aspects of active investment and advisory on-going due diligence
• Efficiently communicate a position verbally and in written materials, including defending a position in a team environment such as Investment Committee meetings
• 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

Qualifications:

• 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 2025 through June 2026
• Pursuing a BA/BS in Finance, Economics, Accounting or Law, or equivalent relevant experience
• GPA of 3.2 or above
• Enthusiastic interest in real estate investing
• Team player with strong work ethic and written and verbal communication skills
• High proficiency in Microsoft Word, PowerPoint, and Excel
• Must be willing to reside in Cleveland, Ohio

Click here to learn more about the intern experience.

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.