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Real Estate Investing, Pre-MBA Associate (2027 Program)

Morgan Stanley

Real Estate Investing, Pre-MBA Associate (2027 Program)

full-timePosted: Aug 3, 2026Updated: Sep 2, 2026United States of America, California, Los Angeles

Job Description

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.7 trillion in assets under management or supervision as of December 31, 2024. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.Morgan Stanley Real Estate Investing (“MSREI”) is the global private real estate investment management business of Morgan Stanley. One of the most active property investors in the world for over three decades, MSREI employs a patient, disciplined approach through global value-add / opportunistic, net lease, and regional core real estate investment strategies. With 17 offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI currently manages $52 billion of gross real estate assets worldwide on behalf of its clients.This is an in-office position in Los Angeles, CAPosition Description:The Morgan Stanley Real Estate Investing team is looking for a Full-Time Pre-MBA Associate (2027 Spring / Summer Start) to support the Acquisitions group in several areas, including:Preparing financial analysis and presentation materials for potential investment opportunities across both core and opportunistic strategies and all product typesManaging due diligence of potential deal closingsCoordinating market due diligenceWorking directly with investment sales brokers, joint venture / operating partners, and developersHelping to execute business development initiativesResearching and analyzing various investment strategiesQualifications:Bachelor’s degree with superior academic performance2-4 years of prior work experience in the real estate field, ideally at a leading real estate investing, lending, development, brokerage or investment banking platform, including leveraged finance or sponsors coverageExperience with real estate financial modeling and Argus DCF or EnterpriseStrong analytical and technical skillsStrong verbal and written communication skillsSuperior attention to detailEnthusiastic, self-motivated, and a team playerAbility to handle multiple assignments at once and meet critical deadlinesWHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.Expected base pay rates for the role will be between $110,000 and $150,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Locations

  • United States of America, California, Los Angeles

Skills Required

  • real estate fieldintermediate
  • real estate financial modelingintermediate

Required Qualifications

  • Bachelor’s degree with superior academic performance (degree in academic performance)
  • 2-4 years of prior work experience in the real estate field, ideally at a leading real estate investing, lending, development, brokerage or investment banking platform, including leveraged finance or sponsors coverage (experience, 4 years)
  • Experience with real estate financial modeling and Argus DCF or Enterprise (experience)
  • Strong analytical and technical skills (experience)
  • Strong verbal and written communication skills (experience)
  • Superior attention to detail (experience)
  • Enthusiastic, self-motivated, and a team player (experience)
  • Ability to handle multiple assignments at once and meet critical deadlines (experience)

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