Real Estate - BREDS (Private Investments), Associate

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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram.

Real Estate – BREDS (Private Investments), Associate

Business Unit Description:

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).

Job Description:

Blackstone investment professionals will have the opportunity to participate in all aspects of the deal process 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 deal teams.

Investment professionals in the BREDS Group have the opportunity to participate in a wide range of real estate debt transactions including:

·       New debt originations, including first mortgage and mezzanine loans, B-notes and preferred equity

·       Acquisitions of legacy loans, CMBS and other forms of public and private debt

·       Structured solutions including synthetic risk transfers and platform investments

·       Restructurings

·       Recapitalizations

Responsibilities (include but are not limited to):

·       Supporting loan and real estate asset underwriting, due diligence, deal structuring and deal execution, including the negotiation of term sheets and financing terms

·       Assisting with identifying, underwriting, pricing, structuring and closing single asset and portfolio loans

·       Providing transactional support as required

·       Participating in internal and external client meetings, the negotiation of contracts and other agreements, and due diligence sessions

·       Traveling domestically to perform property tours and market analysis

·       Directing research of targeted transactions for investment purposes

·       Performing valuation analyses of prospective investment opportunities

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