Commercial Real Estate Extended Intern/Co-op (January - August 2026)

Principal Financial Group

Jan 30, 2025

Applications are closed

Internship
Full-time
Summer Internship
Real Estate & Property
Banking & Finance
Des Moines

Requirements

Working towards or have a recent Bachelor’s degree or equivalent (preference for degrees in finance, mathematics, economics, real estate, or accounting)
Strong quantitative financial and statistics background including an understanding of basic finance concepts such as time value of money
Proficiency in Microsoft Excel, Word, and PowerPoint
Highly motivated individual with a self-starter approach
Excellent written and verbal communication and interpersonal skills
Availability to work onsite (four days a week, one day remote) in Des Moines, IA for 40 hours/week from January - August 2026

Responsibilities

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

FAQs

What is the duration of the internship/co-op program?

The internship/co-op program runs from January to August 2026.

What is the expected work schedule for the internship?

The internship is a Monday-Friday, 40 hours per week commitment.

Are the interns required to work onsite?

Yes, interns are required to work onsite in Des Moines, IA, four days a week, with the option to work remotely one day a week.

What is the hourly wage for this internship?

The salary range for this internship is $20 per hour.

Is there an internship stipend provided?

Yes, you will receive a lump sum stipend of $6,000 intended to support incidental expenses during the internship.

What qualifications are preferred for applicants?

Preferred qualifications include a Bachelor’s degree or equivalent in finance, mathematics, economics, real estate, or accounting, and strong quantitative financial skills.

What types of projects will interns work on?

Interns will provide analytical support for evaluating equity or debt investment opportunities, conduct market research, and assist with written investment committee memos.

Is previous real estate experience necessary to apply?

Previous real estate experience is not necessary but can help you stand out as a candidate.

Will there be training provided during the internship?

Yes, there is a comprehensive training program to help interns acquire valuable industry knowledge.

Do you provide any type of work visa sponsorship for this internship?

No, we are not considering applicants that require any type of immigration sponsorship at this time.

Principal Financial Group

Build a brighter future.

Finance

Industry

10,001+

Employees

1879

Founded Year

Mission & Purpose

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2022. Along the way, we commit to supporting the communities where we do business. Improving our planet. And building a diverse, inclusive workforce. We’re proud to be recognized as a Best Place to Work in Money Management by Pensions & Investments for the 11th consecutive year, an Ethisphere World’s Most Ethical Companies for the 12th time and as Forbes The Best Employers for Diversity 2023. Disclosure: Principal® is an Affirmative Action and Equal Opportunity Employer and an E-Verify participant. All qualified applicants will receive consideration for employment without regard to of age, race, color, religion, gender identity, gender expression, pregnancy, national origin, citizenship status, disability, genetic characteristics, sexual orientation, marital status, domestic partner status, military status, protected veteran status, disability status, or any other characteristic protected by law. Principal will never ask for money during any stage of the employment application or hiring process. If you're asked to send money or share personal financial information as part of next steps in the process, do not engage or respond. Contact Principal Human Resources at 833-261-3736 and your local law enforcement. Principal Financial Group Foundation, Inc. ("Principal® Foundation") is a duly recognized 501(c)(3) entity focused on providing philanthropic support to programs that build financial security in the communities where Principal Financial Group, Inc. ("Principal") operates. While Principal Foundation receives funding from Principal, Principal Foundation is a distinct, independent, charitable entity. Principal Foundation does not practice any form of investment advisory services and is not authorized to do so.