Internship Dilemma...? Would like some advice

Hey everyone, I have a sort of "dilemma" regarding internships for this summer that I was hoping to get advice on. Just some background, I'm a rising sophomore at a non-target state school. Through tons of networking, I was lucky enough to get two different "internship offers." The first one is remote doing PWM at a pretty large insurance firm, however, the internship is unpaid and seems unconventional. Let me elaborate: it's only 4 hrs/week where 2 hours are dedicated to actually "working" with wealth managers on products for clients while during the other 2 hours they bring in people from different firms/in different careers in high finance to talk about their experiences. I was going to kind of fabricate the experience so that it looks like I learned a lot when in reality I wouldn't have learned much (the manager who offered me the internship said, and I quote, "you can spin this internship experience into a career that you'd actually like to get into.") However, I recently got a second internship offer with a middle-market commercial real estate brokerage based in NYC where I mainly perform market research and reach out to high net asset owners in the area who are selling land/buildings (maybe sit in on deals/closings, idk). Although the internship is still unpaid and remote for half of the summer (they said I can work in the office during July/August) it's more legitimate, where I'll be working 20-25 hours/week under some of the directors/analysts and actually learning about market research, reaching out to potential clients, and a little bit of property valuation. I think I would really be exposed to the real estate sector and I think this would be a great opportunity as I want to break into real estate IB in the future.

My question is: which one would look better on my resume and be more relevant to talk about during interviews? Would it be okay to do both as the hours are do-able for me? Would it look suspicious doing both during the summer? Which one is a better set-up for IB? Sorry about the long post but any help would be appreciated, thanks.