Location:

1301 Avenue of the Americas - New York, New York 10019

Program Duration: MAY 28, 2025 – AUGUST 8, 2025

What does our Internship Program offer?

Key’s Enterprise Internship is a 10.5-week program that provides meaningful work that matters, offers feedback and coaching, and creates engaging events and conversations that will spark excitement and interest in bringing one’s full-time career to Key post college.

Interns are involved in a host of line of business specific projects that directly impact and benefit Key’s business and strategic pillars. The program includes networking with Key teammates across all levels of the organization, a series of Learning Labs where internal and external speakers provide insight on Key’s competitive landscape, financial wellness, and professional development best practices, and an assigned mentor who shares knowledge, experience, and advice.

Real Estate Capital

KeyBank Real Estate Capital (KBREC) is nationally recognized as a longstanding leader in Commercial Real Estate Finance and Loan Servicing. We offer an expansive array of solutions for borrowers seeking to acquire, refinance or develop commercial, health care, and multifamily properties. Additionally, we offer investment opportunities in the form of commercial real estate debt and equity capital. Our integrated team combines in-depth industry experience with reliable execution to help our clients achieve their goals.

At this office location, interns will work in the following business segment: Community Development Lending (CDLI)

Business segments

Commercial Mortgage Group - CMG delivers capital solutions to our core internal Borrower client segments (Income Property, Institutional Capital Group, and Healthcare) and investment opportunities to our Investor base.Income Property Group - IPG is a national platform that provides project finance solutions for new development, acquisition/repositioning of existing assets, and the purchase/long-term hold of stable assets to regional and national private real estate owners.Institutional Real Estate - IRE Group is comprised of Senior Bankers, Relationship Managers, Portfolio Managers and Analysts and includes the Institutional, Healthcare, and Structured Real Estate Groups. These teams provide a full range of financial services to institutionally-sponsored real estate operating companiesHealthcare - The Healthcare Group (HCG) is comprised of Senior Bankers, Relationship Managers, Portfolio Managers and Analysts, and provides financing for medical offices, seniors housing and care facilities, and Healthcare REITs (Real Estate Investment Trusts)Community Development Lending - The CDLI team is focused on providing debt and equity capital for the development of affordable housing and other community commercial real estate reinvestment development projects that benefit low- and moderate-income neighborhoods.Agency Loan Servicing - The team provides support to the lending teams by managing all processes necessary to close and service the loan, ultimately through payoff. The group works closely with product partners and KBREC sales teams to streamline processes, provide a timely closing, efficient transition to loan servicing, and superior high-touch loan servicing.

About the Real Estate Capital Internship Program

KBREC offers internships in several of its office locations and businesses. Locations may include Atlanta, Boston, Cleveland, Chicago, Dallas, Denver, and New York City. Each location may have internships in one or more business segments. Candidates should apply only to the office location(s) where they have interest. Because our Summer internship Program is a direct pipeline for our full-time Analyst positions, it offers exceptional potential for interns to return upon graduation to start a Real Estate career.

Work assignments may include the following:

Researching economic conditions and market trendsDeveloping strategic contact databasesNeighborhood, industry, and prospective tenant researchField research and preparation of marketing materialsCompleting a Capstone Project leveraging learnings from the InternshipPerforming other duties as necessary to support the goals and objectives of the Real Estate Capital team

Qualifications

Pursuing a bachelor’s degree (must graduate Winter 2025 or Spring 2026.)Minimum 3.3 GPA (preferred)Relevant work or internship experience (preferred business/real estate focused majors or related majors)Demonstrated teamwork and leadership through extracurricular activities

Compensation and Benefits

This position is eligible to earn an hourly rate of $25 per hour. Compensation also includes a $2,000 Summer Internship Sign-on Bonus.

KeyBank’s Campus Program Internship and Analyst positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility.

COMPENSATION AND BENEFITS

This position is eligible to earn an hourly rate of $25 per hour. Compensation also includes a $2,000 Summer Internship Sign-on Bonus.

Please click here for a list of benefits for which this position is eligible.

Job Posting Expiration Date: 11/15/2024

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

 

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.