2026 Summer Analyst

Overview

9‑week rotational internship covering CRE sales, capital markets, asset management, and leasing.

Key Responsibilities

• underwriting
• market analysis
• credit review
• budget review
• loan sizing
• presentation

Tasks

Each rotation integrates intensive training, live transaction execution, client strategy sessions, and market immersion labs, providing an institutional-level command of real estate investment, operations, and value creation. Submit the following materials to [email protected] with the subject line -Assist the Leasing team with tenant credit review, lease abstracts, property tours, and market comp analysis -Conduct research and data collection to support active transactions and portfolio management initiatives -Contribute to Asset Management by reviewing budgets, rent rolls, and property performance reports -Collaborate with the Capital Markets team on loan sizing exercises, lender outreach, and capital stack analysis -Develop a broad understanding of the commercial real estate transaction lifecycle from acquisition to disposition -Engage with Pegasus professionals across divisions to understand cross-functional workflows and collaboration within the firm -Support the Investment Sales team by underwriting assets, performing market research, and assisting with marketing collateral -Deliver a final presentation summarizing rotation experiences and key insights gained throughout the internship -Observe internal and client-facing meetings to understand communication, deal structure, and execution strategies

Requirements

• costar
• loopnet
• crexi
• excel
• analytical
• student

What You Bring

-Strong analytical and communication skills -Complete the program with practical experience and clarity on potential career paths in commercial real estate -Build technical proficiency in CoStar, Loopnet, Crexi, and Excel-based financial modeling -Currently enrolled in an accredited undergraduate or graduate program -Learn to interpret financial statements, rent rolls, and operating data to assess property performance -Proficient in Microsoft Excel and interested in real estate finance or development -Self-motivated, detail-oriented, and eager to learn in a fast-paced environment

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Benefits

The Pegasus Rotational Summer Internship Program is an elite highly selective nine-week immersion designed for exceptional students seeking to gain in-depth exposure to multiple facets of commercial real estate. Analysts will join a small, curated cohort and rotate across four verticals - Investment Sales, Capital Markets, Asset Management, and Leasing, gaining both technical and practical knowledge while working alongside seasoned professionals. Analysts will be under direct mentorship of industry-known senior professionals and division heads. Our Rotational Internship Program offers students a unique opportunity to experience multiple facets of the commercial real estate industry—providing both analytical depth and practical exposure. Learning Outcomes This highly selective program offers institutional-level exposure across real estate private equity, investment banking, and capital markets, matching the intensity, analytical depth, and deal sophistication of top-tier investment firms. -Eligible to receive academic credit through your university -Completion of the internship does not guarantee employment; however, top-performing interns may be invited to apply for open positions within the firm -This is an unpaid internship designed to meet academic credit requirements, and the program typically qualifies for internship course credit at many accredited universities -Gain dynamic hands-on exposure to underwriting, debt structuring, leasing, and asset management practices

About Pegasus

-Evolved into a boutique powerhouse in U.S. commercial real estate. -Delivers investment sales, capital markets, leasing and asset management under one roof. -Broke single-tenant, triple-net leased assets like Chipotle, USPS, McAlister’s and PetSmart deals. -Guided by founder Ken Chasin—whose journey spans aerospace at Rockwell to a thriving CRE practice. -Firm’s niche lies in retail, office and industrial sectors, executing bespoke investment strategies for high-net-worth and institutional clients.

Sector Specialisms