Principal Asset Management
Commercial Real Estate Extended Intern/Co-op (January - August 2026) - Deadline to Apply 10/31/25
Company Description:
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.
Position Location:
Des Moines, Iowa
Salary:
$20 - $20 / hour
Bonus and/or Additional Compensation:
Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Brief description about the position:
What You'll Do
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.
Responsibilities:
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
Degrees/Licenses designations:
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.
Qualifications/Special Skills:
Real estate experience (full time or internship experience, clubs or extracurriculars)
Involvement in student organizations and other business-related extracurriculars
Company Web Site:
https://careers.principal.com/us/jobs/45630?lang=en-us
Contact:
https://careers.principal.com/us/jobs/45630?lang=en-us