Real Estate Investments Intern

Meritex; Minneapolis (MN); Hybrid; USD 23,000 - 32,000; Full time

Benefits offered by this job

401(k) plan

Job summary

Meritex is seeking an intern to support the investments team. Reporting to the Senior Investments Analyst, this role offers hands-on experience in evaluating, underwriting, due diligence and closing real estate investments across various structures.

The summer internship is hybrid to accommodate academic commitments, with opportunities to tour Minneapolis area properties and develop financial modeling skills using Argus AE.

Qualifications

• Third- or fourth-year students working toward a bachelor's degree in Real Estate or Finance, as well as graduate students, are encouraged to apply.
• General understanding of commercial real estate terms and definitions.
• Coursework or experience in developing financial models, cash flows, IRR analysis.
• Coursework or knowledge of Argus AE software strongly preferred.
• Strong verbal and written communication skills.
• Ability to work in a team environment across multiple departments.
• Ability to work apart from direct supervision and manage tight deadlines.
• Commitment to Meritex' core values of Relationships Matter, Creating Beneficial Outcomes, Thinking Ahead and Always Accountable.

Responsibilities

• Assist with underwriting and investment analysis utilizing Argus AE for various types of industrial real estate transactions across nine target market in the U.S. including acquisitions, dispositions, and developments.
• Tour potential investment opportunities in the Minneapolis metro area as needed.
• Assist and provide support for preparation of investment memoranda for deal pipeline and Investment Committee meetings.
• Track sale comps and update in database.
• Provide due diligence and analytical support for potential acquisitions and dispositions.
• Perform market research and interact with market participants to extract information relevant to the investment process.
• Other duties as assigned.

Skills

Verbal communication

Written communication

Teamwork

Financial modeling

IRR analysis

Education

Real Estate or Finance degree

Graduate studies encouraged

Tools

Argus AE

Job description

Description

We are seeking an intern to support our investments team. Reporting to the Senior Investments Analyst, this individual will play an important role in supporting the organization's investment activities and processes. We offer a hybrid schedule designed to accommodate academic commitments and provide meaningful, hands‑on experience in the industrial real estate industry.

About The Meritex Company

The Meritex Company is a privately held, 110-year-old industrial real estate investment and management firm with a vertically integrated team. Meritex focuses exclusively on acquiring, developing, owning, and managing infill, multi-tenant industrial properties in targeted major U.S. markets. Its strategy is grounded in deep local market insights, rigorous research, and a thorough understanding of leasing trends and tenant preferences - guiding disciplined, long-term investment decisions. Meritex owns and manages approximately 14.3 million square feet across 120 industrial properties in nine major U.S. markets. The company is headquartered in Minneapolis/St. Paul, MN. For more information, please visit www.meritex.com.

Job Summary

This position will provide analytical support to the investments team in the areas of evaluation, underwriting, due diligence investigation and closing of real estate investments, including direct equity, leveraged, joint venture, preferred equity and other

structured finance investments. Potential investment targets include development, stabilized, rehabilitation and value add opportunities.

Opportunities

During the internship you will have the opportunity to become familiar with the work environment and culture of Meritex, develop an understanding of working in a professional atmosphere as well as developing working relationships with other investment professionals, learn about the commercial real estate industry and the career opportunities it provides for investment professionals. Students pursuing degrees in real estate can use practical skills obtained during internships and apply these skills to their academic studies in school.

Major Responsibilities

• Assist with underwriting and investment analysis utilizing Argus AE for various types of industrial real estate transactions across nine target market in the U.S. including acquisitions, dispositions, and developments.
• Tour potential investment opportunities in the Minneapolis metro area as needed.
• Assist and provide support for preparation of investment memoranda for deal pipeline and Investment Committee meetings.
• Track sale comps and update in database.
• Provide due diligence and analytical support for potential acquisitions and dispositions.
• Perform market research and interact with market participants to extract information relevant to the investment process.
• Other duties as assigned.

Timing:

Summer 2027, Hybrid Schedule

Compensation:

$20/hour with the ability to participate in Meritex' 401(k) plan

Requirements

Qualifications

• Third- or fourth-year students working toward a bachelor's degree in Real Estate or Finance, as well as graduate students, are encouraged to apply.
• General understanding of commercial real estate terms and definitions.
• Coursework or experience in developing financial models, cash flows, IRR analysis.
• Coursework or knowledge of Argus AE software strongly preferred.
• Strong verbal and written communication skills.
• Ability to work in a team environment across multiple departments.
• Ability to work apart from direct supervision and manage tight deadlines.
• Commitment to Meritex' core values of Relationships Matter, Creating Beneficial Outcomes, Thinking Ahead and Always Accountable.

As an EEO/Affirmative Action Employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, veteran, or disability status.