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Investment Banking Real Estate Associate - New York

Morgan Stanley

Company websitemorganstanley.com (Morgan Stanley, opens in new tab)

Base salary $175K  to $225K

Employer-published annual base salary, USD. Advertised base range in New York, NY

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  • LocationNew York, NY
  • WorkplaceWorkplace not stated
  • Status at last checkSource accepting applications when checked
  • Last checked (55 min ago) · observed since

About this job

Our New York City office is looking for an Associate to join the Real Estate Investment Banking Group. The successful candidate will have the opportunity to work with regional and international clients on a wide range of complex transactions including acquisitions, divestitures, mergers, joint ventures, corporate restructurings, shareholder relations, recapitalizations, demergers, leveraged buyouts and defenses against unsolicited takeover attempts, strategic advisory assignments and executions of public and private capital markets transactions. The successful candidate will work closely with professionals throughout the firm to deliver high quality advice to our clients. You will play an important role on a team that includes senior professionals and contribute to both execution and client engagement efforts while being encouraged to go beyond the numbers and think creatively.


Qualifications:

  • 3-5 years of relevant experience within the investment banking industry, or an MBA with 1-3 years of experience, with a proven track record working on complex executed deals across M&A and various industry sectors
  • Experience in the real estate industry is strongly preferred, but not required  
  • Strong written and verbal communication, client and interpersonal skills
  • Commercial instinct and ability to perform under pressure and tight deadlines
  • Bachelor’s degree required; an MBA and/or CFA designation would be an asset
  • Series licensing or must obtain

WHAT 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 $175,000 and $225,000 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.

Source: Morgan Stanley on Workday · View original posting (opens in new tab)

Pay in context

This role's base floor ($175,000) is above 71% of the 672 Finance & Accounting roles in New York listed on this site; 36 others list the same floor. Their median floor is $144,400; the middle half runs from $117,645 to $175,000.

Only jobs on this site count, and each one publishes a base salary of $100,000 or more, so this compares six-figure jobs with each other, not with the whole market. Computed Nov 8, 2026.

This range next to 6 other live Morgan Stanley roles with the nearest advertised base floor
Chart as a table
This range next to 6 other live Morgan Stanley roles with the nearest advertised base floor
RolePublished base
Investment Banking Real Estate Associate - New York (this listing)$175K - $225K
MSIM Infrastructure Partners, Acquisitions Associate$175K - $225K
MSIM Growth & Innovation - Associate/Vice PresidentFrom $175K
Fiduciary Consulting Group - Institutional Retirement Consultant - Executive Director$170K - $250K
Product Architect - S2P Platforms$170K - $209K
Management-CS Global-Lead (Management) : Job Level - Executive Director$165K - $265K
Head of U.S. Banks Capital Reporting$165K - $275K

Same $100K to $400K scale as every card. All Morgan Stanley roles · How to read the bar

Observed changes

  1. First observed on the employer's board
  2. Began meeting the published-salary criteria
Observed since
Employer-stated posting date
2026-11-04
Where this pay comes from

Location as the employer wrote it: New York, New York, United States of America

Expected base pay rates for the role will be between $175,000 and $225,000 per year at the commencement of employment. However, base p

Method
Employer text, read with fixed rules and re-verified
Checked
Rule set
us-base-v2

The pay passage appears in the employer's own job text. Fixed, deterministic rules located it, and the passage below was checked against the stored copy of the posting.

What we verified

  • The pay figures come from the employer's own listing, quoted exactly above.
  • The pay is an annual base salary in US dollars with a minimum of at least $100,000.
  • The role was publicly listed on the employer's job board when last checked.

We do not verify what the employer will actually offer, whether the employer is still recruiting for the role, or anything beyond what the employer published. Full methodology.

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