The posting
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
2027 Blackstone Real Estate Asset Management Summer Analyst
Job Title:
2027 Summer Analyst
Business Unit:
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 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).
The Asset Management team conceives, executes, and advises on major investment and corporate initiatives across the real estate business. The team has a dual mandate to maximize the value of Blackstone’s real estate investments and to build, grow and sustain world-class businesses. The Asset Management team sits at the center of the real estate complex–analyzing and sharing information that influences investment strategies, executing disposition and financing transactions, leading and interfacing with portfolio companies and joint venture partners, conceiving and driving value creation strategies, supporting the management of the Blackstone funds and serving as a content expert to Limited Partners and other parts of the Firm.
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 Asset Management Group offers Summer Analysts the experience on a professional team whose work involves the asset management of real estate-related companies, portfolios of real estate assets, and individual properties across North America. Summer Analysts at Blackstone have the opportunity to participate in all aspects of private equity real estate investing and may work across a number of different real estate sectors. Due to the relatively small size of the professional staff, asset management analysts are expected to assume integral roles on deal teams. Summer Analysts are involved with all parts of the life-cycle of an investment after acquisition including: leasing decisions, refinancings, repositionings, optimizing operations with portfolio companies, and dispositions. The role typically involves site visits to assets and regular meetings with portfolio companies.
Responsibilities:
- Real estate and investment-level financial modeling
- Development of presentations
- Attending site tours
- Market research and data analysis
- Performing various analyses to assist in making investment, capital, and sale decisions
- Leading due diligence and execution of transactions
- Reviewing budgets and presenting asset valuations
- Assisting with legal negotiations and due diligence
- Interfacing directly with portfolio companies and joint venture partners
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.
In addition, the successful candidate must possess:
- Strong verbal and written communication skills
- A desire to work in the real estate investing industry
- Strong quantitative reasoning skills
- A desire to work in a team environment with dynamic roles
- A basic knowledge of accounting and finance
- Motivation to find solutions independently, and humility to acknowledge limits and uncertainties
- Sincere commitment to professional development
- Excellent attention to detail
- Intellectual curiosity
- Good judgment
To be considered for the 2027 Summer Analyst Program, applicants must meet the following criteria:
- Currently enrolled as an undergraduate student
- Anticipated graduation date: Fall 2027 – Spring 2028
- 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.
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range:
$110,000 - $110,000
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
- Attending client meetings where you are discussing Blackstone products and/or and client questions;
- Marketing Blackstone funds to new or existing clients;
- Supervising or training securities licensed employees;
- Structuring or creating Blackstone funds/products; and
- Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
You will not be eligible to participate in Blackstone’s health and other insurance benefit programs.
Please note that we use an AI resume screening tool to help with the initial review of applications. The tool helps us assess candidates based on skills, experience, and qualifications. The tool’s scores are one of the factors we consider when deciding who moves to the next stage of the application process.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.
