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 team 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 group, Analysts are expected to assume integral roles on deal teams. Summer Analysts are involved with evaluating, structuring and executing transactions and regularly attend both internal and external meetings, negotiations and property tours.
Real Estate Debt Strategies, Private Investments
Summer Analysts in the Blackstone Real Estate Debt Strategies Group have the opportunity to participate in a wide range of U.S. and European real estate debt transactions.
Summer Analyst work may include:
- New mortgage, mezzanine loan and preferred equity investments
- Acquisitions of legacy loans, CMBS, and other forms of public and private debt
- Structured capital solutions for financial institutions
- Restructurings
- Recapitalizations
Responsibilities:
- Financial analysis and modeling
- Market research
- Competitive analysis
- Developing investment committee presentations
- Assisting in the execution of transactions
- Drafting of memoranda for internal and external use
- Assisting in the development of new investment theses and lines of business
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven 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.