2026 Real Estate Summer Analyst

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 Follow @blackstone on LinkedIn, X, and Instagram.
 

2026 Blackstone Real Estate Summer Analyst - Shanghai

Job Description

Blackstone Real Estate 

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 Real Estate Summer Analyst program is a unique experience among financial firms, enabling Summer Analysts to develop a well-rounded and fine-tuned business mind.  Upon completion of training,

Summer Analysts will be involved in both acquisitions and asset management workstreams. The Summer Analyst will have the opportunity to participate in all aspects of projects and be staffed on several assignments at once.

Responsibilities

Blackstone's Real Estate Group offers Summer Analysts the experience of a professional team whose work involves the acquisition of real estate-related companies, portfolios of real estate assets and individual properties, as well as post-acquisition transition, valuation, budgeting and working closely with Blackstone's portfolio companies.  Throughout the program, our Summer Analysts are involved in structuring / restructuring, financing / refinancing, divestitures / recapitalizations, and disposition strategies. Summer Analysts will regularly attend both internal and external meetings, negotiations, and due diligence sessions.

Summer Analyst work may include the following:

• real estate and public company valuation analysis and modelling; financial analysis / valuation / financial modeling
• macro analysis / market research / expert interview
• competitive analysis
• field trip / site inspection
• development of investment committee presentations
• drafting of memoranda for internal and external use
• assistance in the diligence and execution of transactions
• management of external advisors and partners

Qualifications:

Prior analytical experience and a basic knowledge of accounting, finance is desirable, but not compulsory.

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors.  In addition to strong analytical and quantitative skills, the successful candidate should (have):

• strong analytical and quantitative skills
• demonstrated ability to write effectively
• good judgment and commercial acumen
• strong time management skills with ability to multi-task
• strong communication skills
• excellent attention to detail
• perseverance and stamina
• a desire to work in a team environment, able to work under
• contribute to a positive team culture
• prior real estate knowledge is desirable but not required.
• fluency in written and spoken Mandarin is required

Requirements:

To be considered for the 2026 Summer Analyst Program, applicants must meet the following criteria:

• Currently enrolled as a full-time undergraduate or master's degree student. If you are pursuing a master's degree, you should have no more than 1 year of full-time working experience·
• Anticipated graduation date: September 2026 – June 2027
• Resume must include expected graduation month/year and cumulative GPA.
• Resume must be in PDF format.  
• A copy of your latest transcript

Summer Internship Program Commencement

• June to August week)

We review applications, interviews, and offer selected candidates on rolling basis. Therefore, we encourage you to apply as soon as you are ready.

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.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at US), EMEA) or APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.