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Real Estate Financial Modeling Internship Jobs (NOW HIRING)

Create and update real estate financial pro forma models of large-scale housing projects. Required ... internships, volunteer work, or previous employment. * Experience conducting market research, data ...

We are looking for a Real Estate Financial Analyst to join our team to help train the next ... We're currently expanding into an exciting new area - teaching AI Assistant models to be a more ...

We are looking for a Real Estate Financial Analyst to join our team to help train the next ... We're currently expanding into an exciting new area - teaching AI Assistant models to be a more ...

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Real Estate Financial Modeling Internship information

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How much do real estate financial modeling internship jobs pay per hour?

As of May 29, 2026, the average hourly pay for real estate financial modeling internship in the United States is $19.86, according to ZipRecruiter salary data. Most workers in this role earn between $17.07 and $22.36 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Real Estate Financial Modeling Intern, and why are they important?

To thrive as a Real Estate Financial Modeling Intern, you need a solid understanding of finance, real estate concepts, and strong quantitative and analytical skills, often backed by coursework in finance, economics, or real estate. Familiarity with Microsoft Excel, Argus, and financial modeling software is crucial, as is the ability to interpret financial statements and market data. Attention to detail, strong communication, and a proactive attitude help interns stand out in team environments and when presenting analyses. These skills and qualities are essential for delivering accurate financial models, supporting investment decisions, and succeeding in the competitive real estate industry.

What types of projects and financial models do interns typically work on during a Real Estate Financial Modeling Internship?

During a Real Estate Financial Modeling Internship, interns often work on projects such as creating cash flow projections, analyzing investment returns, and constructing pro forma models for potential property acquisitions. You may be asked to assist with sensitivity analyses, build models for various asset classes (like multifamily, office, or retail), and prepare presentations for senior team members or clients. Interns commonly collaborate with acquisitions, asset management, and finance teams, gaining hands-on experience with industry-standard tools like Excel and Argus. This exposure helps develop both technical modeling skills and a practical understanding of real estate investment strategies.

What is a Real Estate Financial Modeling Internship?

A Real Estate Financial Modeling Internship is a temporary position for students or recent graduates to gain hands-on experience in analyzing real estate investments using financial models. Interns learn how to use tools like Excel to create projections, evaluate property values, and assess investment risks and returns. The role typically involves working with senior analysts or asset managers, participating in real estate transactions, and developing skills that are valuable for a career in real estate finance or investment.

What is the difference between Real Estate Financial Modeling Internship vs Real Estate Analyst?

AspectReal Estate Financial Modeling InternshipReal Estate Analyst
CredentialsTypically pursuing or recent graduate in finance, real estate, or related fieldsBachelor's degree in finance, real estate, or related discipline; some roles prefer certifications
Work EnvironmentInternship programs within real estate firms, investment banks, or development companiesFull-time position in real estate investment, development, or consulting firms
ResponsibilitiesAssisting in financial models, market research, and data analysisPreparing financial reports, analyzing market data, supporting investment decisions
DurationTypically 3-6 monthsFull-time, ongoing role

The main difference is that a Real Estate Financial Modeling Internship is a temporary, entry-level position focused on learning and supporting modeling tasks, while a Real Estate Analyst is a full-time role with greater responsibilities in analyzing and making investment decisions in the real estate industry.

What cities are hiring for Real Estate Financial Modeling Internship jobs? Cities with the most Real Estate Financial Modeling Internship job openings:
What are the most commonly searched types of Real Estate Financial Modeling jobs? The most popular types of Real Estate Financial Modeling jobs are:
What states have the most Real Estate Financial Modeling Internship jobs? States with the most job openings for Real Estate Financial Modeling Internship jobs include:
Real Estate Financial Analyst

Real Estate Financial Analyst

Cabrera Capital Markets

Chicago, IL • On-site

$100K - $125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago


Job description

Cabrera Capital Partners is a national real estate development and investment platform focused on disciplined growth through long-term relationships. We partner with institutional capital and local stakeholders to originate and execute real estate opportunities across diverse markets. Our platform-driven strategy spans multiple real estate sectors, and emphasizes fundamentals, alignment, and repeatability, delivering durable assets and sustainable value.
The Real Estate Financial Analyst is a core contributor to how we source, underwrite, and execute deals. You will work directly with senior leadership across the full transaction lifecycle, from initial market screening through investment committee approval and into asset management. The work is fast-moving, intellectually demanding, and consequential. Operates with a high degree of autonomy in financial analysis and deal support. Exercises judgment in underwriting assumptions, analytical framing, and investment recommendations provided to senior leadership. We are a small team, which means your output matters immediately and visibility is high.
Essential Duties and Responsibilities:
Underwriting & Financial Analysis:
  • Build and own complex cash flow models across property types including industrial, multifamily, student housing, and mixed use
  • Develop, review, and stress test operating pro formas and investment return models (IRR, equity multiple, cash on cash) across a range of capital structures
  • Sensitize assumptions across key variables (e.g., rent growth, vacancy, cap rates, construction costs, financing terms) and translate outputs into relevant investment conclusions
  • Support debt and equity structuring analysis, including joint venture and waterfall modeling

Market & Property Research:
  • Conduct primary and secondary market research using institutional data platforms (e.g., CoStar, Green Street, MSCI, or equivalent), as well as site visits, broker conversations, and local market intelligence
  • Synthesize research into clear written investment theses and underwriting memoranda with a defined point of view
  • Track sector, submarket, and competitive trends and maintain comparable and benchmarking analyses

Deal Execution & Investment Process:
  • Support transactions from initial screening through LOI, due diligence, and closing
  • Prepare investment committee materials including executive summaries, underwriting exhibits, risk assessment, and recommendation frameworks
  • Coordinate with third party consultants, brokers, lenders, and legal counsel throughout the diligence and closing process
  • Maintain pipeline tracking, deal logs, and internal investment databases

Property / JV / Platform FP&A & Reporting:
  • Support property and JV level financial performance analysis, connecting underwriting assumptions to actual and forecasted results
  • Analyze and communicate deal cash flows and partner economics, clearly showing sources and uses of capital across CCP and its partners
  • Prepare property, JV, and portfolio level reporting that explains performance, returns, and variance to plan for internal and external stakeholders

Presentation & Communication:
  • Build polished, boardroom ready investment decks and IC approval materials
  • Distill complex financial and market analysis into clear, decision oriented narratives for senior leadership and external stakeholders
  • Support preparation of materials for LP reporting, investor communications, and capital raising initiatives as needed

Knowledge, Skills & Abilities Requirements:
Technical Skills:
  • Advanced Excel required, including dynamic model building and the ability to build models from scratch
  • PowerPoint fluency, with the ability to develop clear, well structured presentations that effectively communicate analysis and recommendations
  • Ability to automate repetitive analytical tasks (Python, VBA, or equivalent) is a meaningful differentiator
  • Actively uses AI tools to accelerate research, drafting, and analysis, thoughtfully balancing their use with independent thinking

Professional Qualities:
  • Exercises sound judgment, with the ability to identify key insights, prioritize relevant information, and filter out noise in both data and discussions
  • Strong written communication skills demonstrated through clear, analytical memos, emails, and presentation materials
  • Resourceful and self directed, with a demonstrated ability to find answers independently
  • Intellectual curiosity about markets, capital flows, and the drivers of real estate value
  • Comfortable operating in ambiguous environments and building process where none exists
  • Demonstrates persistence and follow through to bring work to completion without requiring close oversight

Education & Work Experience:
  • Bachelor's degree required in finance, real estate, economics, or a related analytical field
  • 2 to 4 years of experience at an institutional real estate firm (investor, owner, operator, developer, REPE, REIT, or institutional advisory)
  • Demonstrated experience owning financial models, not just populating templates
  • Exposure to multiple property types and full cycle transaction experience through closing strongly preferred
  • CFA candidacy, MSRE, or MBA a plus, but not required

Benefits Package:
We offer a competitive and well-rounded benefits package designed to support your health, well-being, and financial future:
  • Medical, Dental & Vision Coverage
  • Paid Time Off & Holidays
  • 401(k) with Employer Match
  • Profit Sharing Program
  • Flexible Spending & Health Savings Accounts (FSA/HSA)
  • Commuter Benefits (Pre-tax transit & parking)
  • Short- & Long-Term Disability Coverage
  • Life & AD&D Insurance Options
  • Employee Assistance Program (EAP)
  • Pet Care Discount Program