Director, Asset Management (Debt/Private Credit)
About The Position
In 2025, Blackstone established Brio Real Estate (“Brio”) as a portfolio company focused on real estate credit. Brio is a specialized global commercial real estate asset services platform that manages and supports Blackstone’s Real Estate Debt Strategies business (“BREDS”) across the globe. Today, BREDS has more than $76 billion in investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, CMBS securities and insurance capital. Brio is a sophisticated real estate credit solutions provider that enhances value for investors and supports BREDS across key functions, including asset management, transactions, capital markets, surveillance, portfolio management and legal & compliance. Brio provides critical infrastructure and capabilities for BREDS to allow for effective investments and management of its global portfolio. Blackstone is the world’s largest alternative asset manager with more than $1 trillion in assets under management. Blackstone’s scale, with roughly 12,700 real estate assets and over 240 portfolio companies, enables them to invest in dynamic sectors positioned for long-term growth. The firm seeks to deliver compelling returns for institutional and individual investors by building strong businesses that deliver lasting value. Blackstone’s global investment strategies focus on real estate, private equity, infrastructure, life sciences, growth equity, credit, secondaries and hedge funds. We are seeking a Director, Asset Management (Debt/Private Credit) for a portfolio of Investment Grade commercial mortgage loans collateralized by operating commercial real estate properties spanning a variety of U.S. markets and multiple property types including office, retail, multifamily, industrial, mixed-use and hospitality. Services are provided in partnership with the client’s own activities.
Requirements
- Bachelor’s Degree in finance, real estate or a related field.
- 4+ years of relevant debt Asset Management experience.
- Familiarity with real estate debt instruments, fund structures, and capital markets.
- Ability to interpret legal documents.
- Solid analytical and negotiating skills.
- High standards and ability to meet time sensitive deadlines.
- Proficiency in Microsoft Excel, Word, and Outlook.
- Ability to travel 10-15%.
Nice To Haves
- An advanced degree or other academic background in finance, real estate or accounting.
- Strong mathematical aptitude.
- Knowledge of property insurance and tax.
- Advanced Excel skills.
Responsibilities
- Monitor performance of assigned loan portfolio in relation to underwritten business plan and metrics.
- Review borrower requests submitted by Servicers for Lender review and approval, including draw requests, lease approvals, loan modifications.
- Interact with third party consultants including attorneys, title agents, inspectors.
- Coordinate communications between multiple stakeholders including Borrowers, Sponsors, syndicate/participant Lenders.
- Review and analyze property operating statements, rent rolls, and leases.
- Update deal cash flow projections on a quarterly and annual basis.
- Maintain broad overview knowledge of major markets (trends, drivers, rents, values, etc.) to support sound assessment of property operations.
- Review and approve loan payoffs and yield maintenance calculations.
- Provide direction to Servicers for property insurance and tax exceptions.
- Perform occasional site visits as required.
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What This Job Offers
Job Type
Full-time
Career Level
Director
