We’re looking for Commercial Real Estate interns to join our Principal Real Estate team for an extended internship/co-op for January - August 2026. In this role, you’ll have exposure to many areas of Commercial Real Estate (CRE) while working specifically on one of the teams mentioned below. In this fast paced, constantly evolving environment, you will play a critical role in supporting your team, which is not only exciting, but the best way to learn.

Principal Real Estate teams seeking interns:

• Commercial Mortgage Backed Securities
• Asset Management/Ops
• Acquisitions & Dispositions
• Dedicated Private Equity Team

Through our comprehensive training program, you will acquire valuable industry knowledge while receiving tailored development opportunities preparing you for future advancement.

Principal Real Estate, a top-10 global real estate manager with around $100Billion in assets under management, is the dedicated real estate investment group within Principal Asset Management. With over 60 years of real estate investment experience, our comprehensive four quadrant approach (private equity, public equity, public debt, and private debt) gives us a unique perspective on real estate space and capital markets and enables us to deliver solutions to meet client investment goals.

What You’ll Do

• Provide analytical support for evaluating equity or debt investment opportunities across multiple product types (industrial, apartments, office, retail, etc.)
• Perform market research, review due diligence materials, prepare presentations, and assist with written investment committee memos
• Develop knowledge of products, programs and clients’ needs through available training programs and involvement in investment activities

Click here to see the full job description and application form