2027 DWS Summer Internship - Real Estate - New York

DWS Internship

Applications will remain open until Monday, October 5th at 6:59 pm EST. We reserve the right to close or extend the application window as required.

About DWS

At DWS, we are capturing the opportunities of tomorrow. Join our leading global asset management firm and make an impact on individuals, communities, and the world. Whether collaborating to discover innovative solutions, exploring your curiosity, or developing new skills—at DWS, we support you in achieving your goals. Invest in your future!

About the DWS Internship

The DWS Internship offers a unique and exciting opportunity to gain a wide range of practical experiences through individual projects, speaker sessions, and networking events. With strong support from mentors and managers, you will be challenged to grow while gaining valuable insights into the world of Asset Management. This is an excellent way to determine whether a career in Financial Services & Asset Management meets your personal aspirations.

Subject to performance, successful interns may be offered a place on the DWS Graduate P.A.C.E. Program the following year.

About the Real Estate Team

With a platform and approach to real estate investing developed over 50 years, DWS Real Estate is ranked among the world’s largest real estate managers. Our mission is to deliver superior long-term, risk-adjusted returns, yield-generating opportunities, preservation of capital, and diversification. We seek competitive, sustainable returns through a disciplined investment process and take a rigorous life cycle approach to identify, implement, and monitor investment themes and tactics.

Intern Responsibilities

As our DWS Real Estate Intern, you will:

• Compile DCF underwriting in both Argus and Excel to assist with multi-year planning, hold-sell decisions, financings, leasing, and value-add strategies.
• Prepare Investment Committee presentations for financings, leasing, and dispositions.
• Analyze leasing opportunities and sensitivities via ARGUS, NPV analyses, and market research.
• Proactively identify opportunities to provide additional analysis/recommendations to add value to your respective AM/PM.
• Lead external appraisal processes and complete internal valuations, while working across several in-house departments, including transactions and research.
• Support the transition of newly acquired properties from the Transactions group and the Portfolio / Asset Management group.
• Develop in-house tools for both commercial and residential assets to increase efficiency.
• Review Asset Management reports for purposes of confirming Net Realizable Asset (NRA), occupancy, carrying value, and net operating income.
• Prepare annual property business plans and review of quarterly reporting.
• Prepare Annual Investment Plans and development of Hold/Sell or MAP Recommendations.

Team Profile

The Team is looking for candidates who are:

• Proactive, coachable, accountable, and personable.
• Organized/disciplined, work with urgency, and are able to manage multiple priorities in a fast-paced environment.
• Possess a strong work ethic, intellectual curiosity, and critical thinking abilities.
• Attentive to accuracy and detail.
• Effective communicators with strong social/relationship building skills.
• Able to work as part of a team and independently.
• Possess relevant coursework, internship, or work experience in Real Estate (beneficial, but not essential).
• Able to effectively leverage AI tools to enhance financial analysis, improve reporting efficiency, and generate insights.
• Possess strong Excel and analytical modeling skills.
• Have a genuine interest in contributing to a strong, positive, and collaborative team culture.

Compensation and Skills Focus

Salary

The salary range for this position is $100,000 prorated. Posted salary ranges do not include incentive compensation or any other type of remuneration.

AI & Future Skills

The future of asset management will be shaped by people who can combine curiosity, critical thinking, and technology. At DWS, interns and graduates are encouraged to explore how emerging technologies, including artificial intelligence, can support research, analysis, productivity, and innovation. Through our learning ecosystem, you'll develop the skills needed to work effectively in a rapidly evolving industry while understanding the importance of responsible and ethical use of technology.

We welcome candidates from all degree disciplines who demonstrate:

• Curiosity and a willingness to learn.
• Critical thinking and sound judgment.
• Strong collaboration skills.
• An enthusiasm to use technology and AI-enabled tools to improve outcomes.

Application Process

Our Application Process consists of:

1. Step 1 – Online Application
2. Step 2 - Online Tests
3. Step 3 - Video Interview
4. Step 4 - Final Interview Day

EEO and Privacy

Our commitment to equal employment opportunity
Our values define the working environment we strive to create—diverse, supportive, and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights, and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs, and generations and are committed to providing a working environment free from harassment, discrimination, and retaliation. We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

For more information, please see the following notices:

• "EEO is the Law poster"
• EEO Supplement
• FMLA Notice
• EPP Act Notice
• Pay Transparency Non-discrimination Provision

Privacy Statement
The California Consumer Privacy Act outlines how companies can use personal information. Click here to view DWS’ Privacy Notice.

If you have any questions about this program or need us to make any adjustments to help you complete any stage of your application, please contact dws.ECrecruitment@db.com, and someone from our Early Careers team will get in touch.