MetLife Investment Management - Real Estate - 2026 Summer Analyst Internship
Job Title: Summer Intern
Company Overview: MetLife Investment Management (MIM) offers the chance to be part of a team driving impact in global markets. With about $600 billion in assets under management, we apply expertise in Fixed Income, Equities, Private Credit, and Real Estate to create thoughtful, risk-managed investment solutions for institutional clients. At MIM, experience meets impact, and your contributions will help build a legacy spanning over 150 years. You'll turn ideas into action, collaborate with industry professionals, and build a career with lasting influence. If you're seeking a dynamic environment where your work matters, MIM is the place to be.
Department Overview: Global Real Estate and Agricultural offers an opportunity to shape thriving markets and drive meaningful impact. With one of the world's largest portfolios - spanning real estate, debt and equity, and agricultural mortgages - we connect expertise with discipline, investing across the risk spectrum - from core to opportunistic. Here, you'll collaborate with top professionals, navigate evolving markets and contribute to investments that drive performance through value creation and above-market returns. If you're looking for a role that combines strategic thinking with real-world impact, MetLife Investment Management is where you will make a difference.
Program Description: MetLife's Investments Summer Analyst Program offers broad exposure to a global insurance company and investments manager. The program is a 10-week hybrid experience. Summer analysts will develop various technical and soft skills, have the opportunity to network with professionals across the company, and fully immerse themselves in MetLife's culture.
Candidates will be able to rank their preferences for placement in the following business units and corresponding locations:
Investment Headquarters Office (Whippany, NJ): Summer analysts at investment headquarters will be placed into the Real Estate Debt Strategies Group (DSG), Equity Strategies Group (ESG), Research, Valuations & Analytics (RVA), or the Northeast Regional Office (NERO). Placements will be determined based on candidate interests and business unit matching. Here is a summary of the 3 units:
· Debt Strategies Group: During the summer internship, the Real Estate Debt Strategies Group (DSG) placement will provide an excellent introduction to the various aspects of institutional real estate investment, focusing on commercial mortgages. DSG focuses on the origination and management of commercial mortgages and the portfolio management of MIM's clients. The summer analyst will gain hands-on exposure to commercial mortgage underwriting, portfolio management, risk management, and asset and client management for our third-party investors.
· Equity Strategies Group: During the summer internship, the Real Estate Equity Strategies Group (ESG) placement will provide an excellent introduction to the various aspects of institutional real estate investment, focusing on real estate equity. ESG focuses on real estate equity investment, asset management, and portfolio management. The summer analyst will gain hands-on exposure to commercial real estate underwriting, portfolio management, risk management, and asset and client management for our third-party investors.
· Research, Valuations & Analytics: During the summer internship, the Real Estate Research, Valuations & Analytics placement will provide an excellent introduction to the various aspects of institutional real estate investment management, focusing on risk management, valuations, research & strategy, and portfolio performance analytics. The summer analyst will gain hands-on exposure to various support functions in a leading commercial real estate debt and equity platform.
Depending on business unit placement, specific responsibilities may include some of the following:
· Review potential loan or equity transactions in Investment Committee
· Participate in portfolio surveillance and portfolio management meetings
· Support the Portfolio Manager and Head of Equity Strategies / Debt Strategies in special projects related to the expansion of MetLife's Real Estate Investment Management platform
· Establish strong working relationships with MetLife's regional office network, Institutional Client Group, Research, and Finance departments
· Assist with the completion of monthly / quarterly / annual internal and external client reporting packages
· Track and report on various portfolio metrics such as sales and delegated authority transactions
· Assist in ongoing projects for our flagship Commercial Mortgage Income Debt Fund, Hotel Debt Fund, MetLife Core Property Fund, MetLife Enhanced Core Fund, and others, which may include working on the deal pipeline, gathering loan documents for transactions, investor requests, and general operational activities
· Assist our Separate Account team in serving our third-party clients on new and existing loan participations and equity deals
· Work with IT partners and others in the enhancement of various systems
· Production of portfolio analytics in support of the assessment of geographic, industry, tenant, and borrower exposures
· Real estate market research, analysis, and forecasting in support of investment decisions and portfolio strategy
· Commercial mortgage risk assessment and bond-equivalent ratings
· Support internal and external valuation and appraisal review oversight processes
· Construction of underwriting tools and benchmarks
· Assist in communicating house view of market trends, risks, and outlook via presentations and reports
· Participate in ad-hoc assignments as determined by the team's needs and requirements at that time
· Participate in broader Metlife Investments 2026 Summer Analyst Program projects
U.S. Regional Offices (Atlanta, GA; Chicago, IL; Dallas, TX; Los Angeles, CA; San Francisco, CA; Washington, DC; Whippany, NJ)
During the summer internship, the Regional Office placement will provide an excellent introduction to the various aspects of institutional real estate investment management with a mix of boots-on-the-ground and portfolio management perspectives. The summer analyst will gain hands-on exposure to the various aspects of real estate debt and equity investments, such as the regional office's commercial mortgage origination, acquisitions, development, and asset management efforts by completing property and market analyses and assisting in the internal investment committee approval processes and closings. Additionally, the summer analyst will gain exposure to commercial underwriting, asset management, and risk management on a decentralized, regional level and work with portfolio managers to support our third-party investors. The internship will enhance personal credentials and offer the summer analyst the opportunity to establish relationships with industry professionals.
Specific responsibilities may include some of the following:
· Real estate valuation and underwriting of new commercial mortgage transactions
· Financial modeling and scenario analysis of development projects and existing equity properties
· Equity and commercial mortgage portfolio risk analysis, rating, and surveillance reporting
· Tracking Mortgage and Equity transaction pipelines
· Assisting with marketing strategy, including prospecting and implementation
· Equity property valuation, lease analysis, and capital budget planning / implementation
· Collection, compilation, and reporting of real estate market, economic and demographic information
· Credit analysis of existing or prospective tenants and/or borrowing entities
· Reviewing and identifying risks within property condition reports
· Conduct property tours for assets in the existing portfolio as well as prospective new investments
· Portfolio (mortgage and equity) surveillance and asset management activities may include
o Lease review and abstracts
o ARGUS modeling
o Investment valuation
o Property tours / inspections
o Capital and operating budget preparation
o Investment committee presentations
o Participate in ad-hoc assignments as determined by the team's needs and requirements at that time
· Participate in broader MetLife Investments 2026 Summer Analyst Program projects
The responsibilities described here are not exhaustive, and additional assignments, duties, or responsibilities may be required of this position. MIM may change assignments, duties, and responsibilities at any time, with or without notice, by its sole discretion.
Required Skills and Qualifications:
Pursuing an undergraduate degree with an expected graduation date of December 2026 to June 2028. Candidates pursuing master's degrees or other advanced degrees are ineligible.
Must possess a strong academic record and interest in real estate.
A strong work ethic, personal and professional integrity, and be able to adapt to new challenges.
Ability to work independently and in a team environment, remaining detail-oriented and client-focused.
Excellent interpersonal and communication skills.
Demonstrated proficiency with Microsoft Office products such as Word, Excel, and PowerPoint.
All applicants for this program must be authorized to work in the United States without the need for immigration sponsorship, now or at any point in the future.
Preferred Skills and Qualifications:
Advanced proficiency in Microsoft Office products such as Word, Excel, and PowerPoint is strongly preferred
Familiarity with ARGUS
Equal Employment Opportunity/Disability/Veterans
If you need an accommodation due to a disability, please email us at accommodations@metlife.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
