Blackstone Real Estate Debt Strategies Asset Management Summer Analyst

Position: 2027 Blackstone Real Estate Debt Strategies Asset Management Summer Analyst
Location: New York

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

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** 2027 Blackstone Real Estate Debt Strategies (BREDS), Asset Management Summer Analyst
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* Job Title:

** 2027 Summer Analyst
** Business Unit:
** Blackstone Real Estate
** Business Unit Overview:
** Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $320 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire under managed, well-located assets across the world.

Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).

** Program

Description:

** Blackstone's Summer Analyst Program is a 10-week in-person experience, offering participants extensive exposure across the firm. This program provides Summer Analysts with valuable guidance through mentorship, continuous feedback, technical and soft skill training, networking opportunities with professionals across the firm, and the unique chance to fully immerse themselves in Blackstone's culture.
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* Job Description:

** Blackstone’s Real Estate Debt Strategies Group offers Summer Analysts experience on a professional team whose work involves the financing of real estate-related companies, portfolios of real estate assets, and individual properties worldwide.  Summer Analysts at Blackstone have the opportunity to participate in all aspects of real estate investing and can expect to be staffed on a number of transactions  to the relatively small size of the professional staff, Summer Analysts are expected to assume integral roles on deal teams.

Summer Analysts are involved with the development, structuring, and financing of transactions and regularly attend both internal and external meetings, negotiations, and due diligence sessions.
** Real Estate Debt Strategies, Asset Management
** BREDS asset management Summer Analysts will have the opportunity to participate in all aspects of real estate loan asset management and be staffed on a number of assignments at once.
** Summer Analyst work may include the following:
*** Real estate underwriting
** for all major asset classes and
** a wide range of transactions, including loan modifications, workouts, restructurings, upsizes, and add-on investments
* Assist in the management and servicing of a portfolio of complex private commercial real estate debt investments
* Due diligence for lease and budget approvals, property releases, and capital expenditure fundings
* Participate in internal and external client meetings and observe the negotiation of contracts
* Financial analysis, modeling, and using Argus
* Market research, asset tours, borrower relationship management
* Competitive analysis
* Developing investment committee presentations
* Assisting in the execution of transactions including loan modifications, lease approvals, property releases, capital expenditure fundings, and due diligence
* Drafting of memoranda for internal and external…