IB Analyst - Real Estate

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel,
where success meets success
.

Under general supervision, the Investment Banking Analyst supports Stifel’s Real Estate Investment Banking Group, which provides advisory and capital-raising services to Real Estate Investment Trusts (REITs) and Real Estate Operating Companies (REOCs). The Analyst is responsible for conducting industry and property-sector research, building models to analyze company projections and/or potential transactions, drafting offering memorandums for public or private financings, drafting client presentation materials, and working with clients to execute financing or merger transactions.

• Conduct real estate industry and property-sector research, including REIT and REOC comparable company, market, and asset-level analysis.
• Build financial models to analyze company projections or potential transactions, including NAV, FFO/AFFO, and property-level cash flow analyses.
• Draft offering memorandums for public or private financings, including common stock, preferred stock, convertible and hybrid securities, and debt securities.
• Prepare client presentation materials for management teams and Boards of Directors.
• Work with clients to execute equity and debt capital markets, private placement, joint venture, and merger transactions.
• Some travel by car and/or in conjunction with local, regional and/or national travel, up to 10%.

• Investment Banking Knowledge
  - Experience with financial modeling and analysis with significant exposure to finance and accounting; demonstrated interest in real estate, REITs, or real estate capital markets.
• Analytical Skills
  - Strong analytical and quantitative skills. Knowledge of the financial markets, the real estate industry, the analysis and reporting of financial data, and associated terminology.
• Time Management
  - Highly-motivated and energetic while managing one's time, and effectively managing multiple projects and deadlines to ensure the timely completion of all items.
• Personal Characteristics
  - Demonstrates professionalism, superior attention to detail, integrity, maturity, intellectual curiosity, initiative and good judgment; takes pride of ownership for wins and accountability for losses/mistakes with the ability to work in teams.
• Communication Skills
  - Excellent conceptualization, presentation and communication skills to effectively execute change.

• Minimum
  
  Required:
  
  Bachelor's degree in Finance, Real Estate, or related field
• Minimum
  
  Required:
  
  0-2 years as a business analyst, or related experience in financial services. Recent (2026) graduates and candidates with 1-2 years of investment banking, real estate, or corporate finance experience will both be considered.

• Minimum
  
  Required:
  
  None

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook
• Preferred:
  Familiarity with S&P Capital IQ, Fact Set, or Bloomberg, and with real estate data and valuation tools (e.g., CoStar, ARGUS)

At its core, the Stifel story is a journey of growth and optimism for the future. In our more than 125-year history, Stifel has evolved from a St. Louis-based brokerage house and is now a full-service investment bank, offering securities brokerage, trading, research, underwriting and corporate advisory services globally. Our expertise spans sectors and products in both public and private markets.

We are driven by relationships, not transactions, and are committed to earning…