Associate, Private Credit Investments

Join to apply for the Associate, Private Credit Investments role at Brio Real Estate, a Blackstone Portfolio Company

In 2025, Blackstone established Brio Real Estate ("Brio") as a portfolio company focused on real estate credit. Brio is a specialized global commercial real estate asset services platform that manages and supports Blackstone’s Real Estate Debt Strategies business across the globe. Brio provides infrastructure and capabilities for BREDS to allow for effective investments and management of its global portfolio.

Blackstone is the world’s largest alternative asset manager with more than $1 trillion in assets under management. The firm seeks to deliver compelling returns for institutional and individual investors by building strong businesses that deliver lasting value. Blackstone’s global investment strategies focus on real estate, private equity, infrastructure, life sciences, growth equity, credit, secondaries and hedge funds.

• Underwrite and perform credit analysis on loan collateral across all major property types within private credit investments and loan pools.
• Determine deal and loan-level risk ratings, assist in identifying risk assets across the portfolio to monitor performance and provide periodic asset management updates. Create and edit financial models to determine base and bear case commercial real estate (CRE) asset valuations and perform sensitivity analysis.
• Help prepare investment committee and quarterly asset review presentation materials.
• Assist with modeling deal level loss expectations and loan pricing.
• Liaise with special servicers and other third parties to support asset management duties in assessing risk, reviewing business plans and making strategic recommendations.
• Track issuer/industry trends and macroeconomic events which could impact portfolio holdings.
• Will travel 5-10% domestically.

• College (BS/BA) degree in Real Estate, Finance, Accounting or Business Administration.
• 0-4 years of work experience in a CRE loan underwriting or credit focused role.
• Comfortable working in a fast-paced, deadline driven environment.
• Advanced knowledge and experience with Excel-based financial modeling.
• Strong grasp of financial statement analysis, CRE debt, and valuation concepts.
• Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes.
• Strong interpersonal skills: exceptional listener and communicator who effectively conveys information verbally and in writing.
• Resourceful team player who excels at building trusting relationships with clients and colleagues.
• Applicable knowledge of Microsoft Office suite.

• Experience with Commercial Real Estate Credit Investing, CMBS investing and/or asset management. Experience with CRE property types (Office, Retail, Multifamily, Hotel, Industrial, etc.) in markets across the country.
• Solid understanding of commercial real estate transactions and industry terms.
• In-depth knowledge of third-party market data platforms (e.g., Trepp, Intex, Costar, REIS, RCA, Bloomberg).
• Familiarity working with and analyzing real estate and securitization documents (e.g., appraisals, mortgages, prospectuses, asset summary reports).

Brio Real Estate is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed service member status, race, color, caste, immigration status, religion, sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy, age, national origin or ancestry, citizenship, disability, genetic information, protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law.

We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email