Real Estate Debt Analyst Jobs (NOW HIRING)

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:

The Associate, Asset Management will support the management of a diversified portfolio of commercial real estate debt investments across major U.S. markets. The role will assist in the ongoing monitoring, analysis, and reporting of loans secured by various property types, including office, retail, industrial, multifamily, condominium, student housing, and hospitality assets. Investments may include transitional or valueadd properties involving construction, renovation, capital improvements, and leasing activity. The Associate will work closely with senior asset managers and internal stakeholders to ensure accurate execution of asset management activities throughout the life of each investment.

What you will do:

• Review and interpret loan agreements to support proper application of loan terms and covenants.

• Assist senior asset managers in coordinating asset servicing activities to ensure timely and accurate reporting.

• Support the construction, leasing, and capital expenditure draw process by reviewing documentation and confirming prefunding conditions are met.

• Coordinate funding requests with lenders, syndicate partners, colenders, and noteonnote financiers.

• Review lease proposals and assist in preparing recommendation materials for internal or client review.

• Interface with thirdparty consultants, including legal counsel, title companies, brokers, leasing agents, and construction consultants.

• Utilize asset management systems and reporting tools to track property, borrower, and loan performance data.

• Collect, organize, and review monthly borrower financial reporting and required compliance deliverables.

• Assist in the collection and review of annual operating budgets and capital expenditure plans.

• Monitor operating performance through analysis of rent rolls, operating statements, and collections data.

• Support review of proposed cash management distributions to validate application in accordance with loan cash flow waterfalls.

• Conduct covenant compliance monitoring, including Debt Yield, LoantoValue, and Debt Service Coverage Ratio calculations.

• Prepare and update monthly asset summaries and assist with quarterly reporting packages.

• Coordinate with internal tax and insurance teams regarding coverage requirements, escrows, and payments.

• Support the review of proposed annual budgets and tenant leases prior to seniorlevel approval.

What you should have:

• Bachelor's degree in finance, accounting, real estate, or a related field required.

• 3+ years of experience in commercial real estate asset management, loan servicing, structured finance, or a related role.

• Proficiency in Microsoft Excel, Word, and Outlook required.

• Working knowledge of commercial real estate debt structures and loan documentation.

• Familiarity with commercial real estate concepts, industry terminology, and capital markets.

• Strong analytical skills with attention to detail and ability to synthesize financial information.

• Effective written and verbal communication skills.

• Ability to manage multiple priorities and meet deadlines in a fastpaced environment.

• Collaborative, teamoriented approach with strong organizational skills.

• Advanced Excel skills (financial modeling and complex worksheets) preferred.

• Willingness to travel up to 10-15%.

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 talent@revantage.com