Associate – Private Credit Investments

Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit. Brio supports Blackstone’s Real Estate Debt Strategies (“BREDS”) investments across the globe. The company provides support across key functions, including corporate, transaction, and management services. The critical infrastructure and capabilities Brio provides for BREDS allows for effective support in the management of its global portfolio.

Today, BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. BREDS is part of Blackstone Real Estate, the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector.

Role Purpose:

What you will do:

•  Perform comprehensive financial analysis, including valuation and cash flow modeling, to  assess investment prospects.  

• Underwrite and perform credit analysis on loan collateral across all major property types  within private credit investments, loan pools and the corporate credit landscape 

• Working with the team to perform due diligence on prospective investments and  participating in all aspects of the investment process from origination to deal closing.

• Reviewing credit agreements and loan structures in coordination with broader deal-level  diligence workstreams.  

• Determine deal and loan-level risk ratings, assist in identifying risk assets across the  portfolio to monitor performance and provide periodic asset management updates. 

• Create  and edit financial models to determine base and bear case commercial real estate (CRE)  asset valuations and perform sensitivity analysis. 

• Assist with the structuring and analysis of structured credit transactions, including loan  portfolio acquisitions, NAV facilities, private placements, SRTs, and more.  

• Prepare investment committee and quarterly asset review presentation materials.

• Present investments to senior leadership on a regular basis. 

• Track issuer/industry trends and macroeconomic events which could impact portfolio holdings. 

• Think creatively about ways to improve the team’s existing processes.  

• Will travel 5-10% domestically. 

What you should have:

• Strong curiosity and desire to learn and think creatively.  

• College (BS/BA) degree in Real Estate, Finance, Accounting, Business Administration, or  STEM-related subjects. 

• 3-5+ years of experience in a real estate, credit, or investment banking role, including real  estate acquisitions, real estate credit, M&A or advisory investment banking, debt capital  markets, leveraged finance, or other credit-focused roles.

•  Familiarity with commercial real  estate or structured finance is a plus. 

• Comfortable working in a fast-paced, deadline driven  environment.

EEO Statement

Brio Real Estate is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected]