Finding an internship in real estate investment can be a great way for students and recent graduates to gain valuable hands-on experience and skills in the real estate industry. With the right internship, interns can learn about real estate investing, financing, development, valuations and more. There are many factors to consider when searching for real estate investment internships, including location, company size, specialty area, and application deadlines. This article will provide an overview of what to look for in real estate investment internships and tips for finding the best opportunities.
Focus internship search on major real estate markets
The best real estate investment internships are often found in major real estate markets like New York, San Francisco, Los Angeles, Boston, Chicago, Washington DC and other large metropolitan areas. These markets have high concentrations of real estate firms, REITs, developers, property managers and institutional investors that frequently hire interns. Searching for internships in these cities will provide the widest range of choices and opportunities to gain experience with leading real estate companies.
Target large real estate firms and REITs
Large real estate companies and Real Estate Investment Trusts (REITs) typically have the resources and need for real estate interns. Major real estate brokerage firms like CBRE, JLL, Colliers, and Cushman & Wakefield operate large real estate advisory practices and manage billions in property assets, providing many internship possibilities. Top REITs like Prologis, American Tower and Crown Castle focus on specific property niches and offer internships tailored to those specialties.
Look for specialty real estate firms
Beyond the large general real estate firms, there are real estate companies that specialize in specific property types or services. For example, student housing firms like American Campus Communities provide internships focused on the student housing sector. Data center REITs like Equinix and Digital Realty need interns with technology skills to support their mission. And real estate investment banks like Eastdil Secured and Hodges Ward Elliott have internship programs focused on the capital markets.
Be aware of application timelines
Real estate investment internship opportunities are very competitive, so interns need to be aware of application deadlines. Most larger companies begin recruiting 6-12 months ahead of the internship start date. Smaller firms may recruit closer to the internship period. Create a timeline, identify target firms and locations, and plan applications accordingly. Submitting applications early and following up persistently can improve chances of securing a top real estate internship.
Finding the right real estate investment internship takes research, planning and preparation. Focusing on major real estate markets, targeting large firms and REITs, looking for specialty companies, and applying early can help land the best opportunities. An internship with a leading real estate investment firm can kickstart a career in this dynamic industry.