Real Estate Internships
Real estate internships give university students, recent graduates, and early-career switchers hands-on project experience in property analysis, transactions, or development, mentorship from working brokers, analysts, and asset managers, and, at many employers, a path toward a full-time offer. Opportunities appear across Investment & Asset Management, with Marcus & Millichap, Aire Brokers, and Prologis among the employers posting roles now.
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Summer 2027 - Real Estate Intern - 90406502 - Philadelphia
Philadelphia, PA, US, 19104
Your success is a train ride away!
As we move America’s workforce toward the future, Amtrak connects businesses and communities across the country. We employ more than 20,000 diverse, energetic professionals in a variety of career fields throughout the United States. The safety of our passengers, our employees, the public and our operating environment is our priority, and the success of our railroad is due to our employees.
Are you ready to join our team?
Our values of ‘Do the Right Thing, Excel Together and Put Customers First’ are at the heart of what matters most to us, and our Core Capabilities, ‘Building Trust, Accountability, Effective Communication, Customer Focus, and Proactive Safety & Security’ are what every employee needs to know and do to be most impactful at Amtrak. By living the Amtrak values, focusing on our capabilities, and actively embracing and fostering diverse ideas, backgrounds, and perspectives, together we will honor our past and make Amtrak a company of the future.
Summary
Summer 2027 internship program will run from May 17th - August 6, 2027.
This internship provides hands-on experience within Amtrak’s Corporate Real Estate team, supporting real estate operations and asset management across the organization.
The position offers a comprehensive introduction to the railroad real estate business through close collaboration with experienced real estate professionals. The intern will work directly with Real Estate Managers to support a variety of projects, gaining exposure to a broad range of real estate transactions and associated documentation. Responsibilities include researching and analyzing real estate comparables to assist in pricing evaluations, developing foundational knowledge of contract administration and property management, and gathering and organizing information. The intern will also update real estate asset databases and assist business managers with day-to-day tasks in support of internal stakeholders and external partners involved in real estate development initiatives.
Essential Functions
- Active listening, team-building, reading comprehension, writing, critical thinking, and balanced judgment are important to this position.
- The candidate should be prepared to learn internal systems and technology, including real estate asset management and storage and payment systems.
- Ability to attend meetings and interface with internal clients and support partners (including engineering, law, operations, claims, risk management, environmental, and finance).
- Ability to work in Microsoft Excel, Word & PowerPoint.
Minimum Qualifications
- Must be actively pursuing a degree at an accredited educational institution.
- Must be actively pursuing an undergraduate degree in business administration, real estate, finance, law, operations, planning and development, or a similar degree.
- Must have at least 1 year of academic undergraduate studies completed or a sophomore status at minimum.
- Must have a cumulative GPA of 2.8 or higher.
PAY TRANSPARENCY:
The hourly range is $18.00 per hour - $35.00 per hour. Pay is based on factors including school year, program of study, etc. In addition, paid internships include Amtrak rail pass privileges as a part of the experience along with one (1) PTO day per academic year.
Requisition ID:167441
Work Arrangement:06-Onsite 4/5 Days
Relocation Offered:No
Travel Requirements:Up to 25%
You power our progress through your performance.
We want your work at Amtrak to be more than a job. We want your career at Amtrak to be a fulfilling experience where you find challenging work, rewarding opportunities, respect among colleagues, and attractive compensation. Amtrak maintains a culture that values high performance and recognizes individual employee contributions.
Amtrak is committed to a safe workplace free of drugs and alcohol. All Amtrak positions requires a pre-employment background check that includes prior employment verification, a criminal history check and a pre-employment drug screen.
Candidates who test positive for marijuana will be disqualified, regardless of any state or local statute, ordinance, regulation, or other law that legalizes or decriminalizes the use or possession of marijuana, whether for medical, recreational, or other use. Amtrak's pre-employment drug testing program is administered in accordance with DOT regulations and applicable law.
In accordance with DOT regulations (49 CFR § 40.25), Amtrak is required to obtain prior drug and alcohol testing records for applicants/employees intending to perform safety-sensitive duties for covered Department of Transportation positions. If an applicant/employee refuses to provide written consent for Amtrak to obtain these records, the individual will not be permitted to perform safety-sensitive functions.
In accordance with federal law governing security checks of covered individuals for providers of public transportation (Title 6 U.S.C. §1143), Amtrak is required to screen applicants for any permanent or interim disqualifying criminal offenses.
Note that any education requirement listed above may be deemed satisfied if you have an equivalent combination of education, training and experience.
Amtrak is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race/color, to include traits historically associated with race, including but not limited to, hair texture and hairstyles such as braids, locks and twists, religion, sex (including pregnancy, childbirth and related conditions, such as lactation), national origin/ethnicity, disability (intellectual, mental and physical), veteran status, marital status, ancestry, sexual orientation, gender identity and gender expression, genetic information, citizenship or any other personal characteristics protected by law.
Real Estate Internship Market
Who's Hiring
- Marcus & Millichap37

- Aire Brokers5A
- Prologis3

- Wedge Apartments3W
- Black Kanyon2B
Top Industries Hiring
- Investment & Asset Management
Tips for Your Real Estate Internship Search
Apply earlier than the role's start date suggests
Large real estate firms, REITs, and investment managers open summer internship applications the preceding fall, often closing before December. Smaller companies and co-op programs post much closer to start dates. Check listings regularly throughout the year rather than treating internship search as a spring activity.
Build a portfolio before you submit a single application
Real estate intern hiring teams want evidence, not just coursework on a resume. Document two or three complete projects, a discounted cash flow model, a comparable sales analysis, or a market research report, noting the tools used, such as Excel or CoStar, and link to the work wherever it is publicly accessible.
Work your campus network and apply directly at the same time
Campus career fairs surface structured real estate programs tied to your university, and professors or career center staff often know which firms recruit from your school before roles post publicly. Applying directly to smaller brokerages and property management companies running their own cohorts alongside campus activity widens the pool you reach.
Practice your interview format out loud before you apply
Real estate intern interviews typically include a case component, a property evaluation, a market sizing exercise, or a finance problem, alongside behavioral questions. Practice working through cases out loud and explaining your reasoning step by step, since interviewers weigh how you think through a problem as much as the final number.
Target structured rotational and university programs first
Larger real estate investment firms and REITs run rotational or cohort programs built to train people new to the industry, cycling interns through acquisitions, asset management, and finance. These programs recruit early and fill fast. Identify the ones aligned with your interests and submit in the first application wave.
Set your work-type filter before you start searching
On-site roles are 73% of the real estate internships listed here. Decide whether you can relocate or commute before you open listings, then filter by location and work type so you are not sorting through roles you cannot actually accept.
Real Estate Internships: Frequently Asked Questions
How do I get a real estate internship?
Lead with coursework and projects rather than work history, hiring teams expect limited experience at the intern level. For real estate candidates, a concrete portfolio matters most: documented property analyses, financial models, or market research reports give recruiters something tangible to assess. Pair direct applications with campus career fairs, where real estate recruiters often move faster for students they meet in person.
Can a real estate internship turn into a full-time job?
Many employers extend return offers to strong interns, but conversion is never guaranteed. What actually drives it is performance on real work, deals researched, models built, presentations delivered, along with team headcount and whether the employer is actively hiring. Position yourself by treating every assignment as a full-time audition without counting on a specific outcome.
When should I apply for real estate internships?
Earlier than most candidates expect. Large commercial real estate firms, REITs, and investment shops recruit summer interns the preceding fall, sometimes with deadlines in October or November. Smaller brokerages, property management companies, and co-op programs post closer to their actual start dates, so openings appear year-round and checking regularly pays off.
Are real estate internships paid?
Most professional real estate internships in the United States are paid. Compensation varies by company size, industry segment, and location, a regional brokerage internship will typically differ from one at a large investment manager or REIT. Where an employer discloses pay, it appears directly in the listing.
What should a real estate internship resume include?
Lead with two or three complete, documented projects rather than work history: property valuations, financial models, or market analyses with the tools used, Excel, Argus, CoStar, or similar, and a link or portfolio where the work is visible. Add relevant coursework in finance, real estate, or economics and keep the whole document to one page.
Are there remote real estate internships?
Yes. Remote and hybrid roles make up 27% of the real estate internship listings here, with the rest on-site. Remote cohorts fill quickly, so apply early and use the work-type filter to surface them without sorting through roles you cannot take.
What is a real estate rotational internship?
Rotational internship programs place interns across two or more business units, acquisitions, asset management, finance, and development, for example, over a single program cycle. They are designed for people new to the industry, offered at larger real estate investment firms and REITs, and recruit competitively and early. Identify the programs that fit your interests and apply in the first recruitment wave.
Can international students get real estate internships?
Yes. F-1 students can intern through CPT while enrolled or through OPT work authorization after finishing a degree, and the employer does not have to file anything for either, so many companies are open to international interns. Confirm your eligibility and timing with your university's international student office before accepting an offer.
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