2026 Blackstone Real Estate Debt Strategies Asset Management Summer Analyst
Business Unit Overview:
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $325 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 undermanaged, 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.
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 at once. Due to the relatively small size of the professional staff, 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. Due to the relatively small size of the professional staff, team members have the opportunity to assume integral roles on projects and deal teams.
Summer Analyst work may include:
- Real estate underwriting for 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
Responsibilities:
- Financial analysis, modeling and Argus
- Market research, asset tours and 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 use
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors.
The successful candidate must possess:
- Strong verbal and written communication skills
- A desire to work in a team environment with dynamic roles
- A basic knowledge of accounting and finance
- Self-motivation to find solutions independently and humility to acknowledge limits and uncertainties
- Sincere commitment to professional development
- Excellent attention to detail
- Intellectual curiosity
- Sound professional judgment
To be considered for the 2026 Summer Analyst Program, applicants must meet the following criteria:
- Currently enrolled as an undergraduate student
- Anticipated graduation date: Fall 2026 – Spring 2027
- Resume must include expected graduation month/year and GPA
- Resume must be in PDF format
If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.