2027 KStar Summer Internship Program Real Estate Credit

KKR; Dallas (TX); On-site; USD 28,000 - 41,000; Full time

Job summary

K-Star Asset Management LLC, a KKR subsidiary, seeks Summer Interns for a 10-week program in Dallas, TX, starting June 2027. You will assist Credit Asset Management and Special Servicing, help oversee a portfolio of loans, review financial statements, and prepare reports for senior management across the U.S.

We emphasize developing processes and communication skills, with exposure to multiple KKR real estate teams; exceptional performers may receive a full-time offer after graduation.

Qualifications

• Current undergraduate students with an anticipated graduation date between December 2027 - June 2028.
• Genuine interest in commercial real estate, credit, and investing through coursework or prior experience.
• Comfort using AI-powered tools to improve productivity and quality of work.

Responsibilities

• Monitor portfolio performance for potential adverse credit issues and trend analyses.
• Review and analyze monthly/quarterly financial statements and rent rolls against underwriting and budgets.
• Monitor market dynamics to assess tenant credit risks and concentrations.
• Interpret loan documents to confirm covenants and terms.
• Prepare and review asset performance reports for management and investors.
• Evaluate draw requests, lease approvals, and loan modifications.
• Manage special projects and implement new technologies to support the platform.
• Create reports and memos for ad hoc projects.

Skills

Excellent communication

Team-oriented

Strong work ethic

Attention to detail

Leadership ability

Quick learner

Self-motivation

Multitasking

Education

Undergraduate student with 2027-2028 graduation

Tools

AI-powered tools

Job description

K-Star Real Estate Credit 2027 Summer Internship Program

Dallas, TX

Company Overview:

K-Star Asset Management LLC (\"K-Star\") was formed in 2022 and is a wholly owned subsidiary of KKR. K-Star is a dedicated real estate credit investment services platform. From Dallas and Dublin, K-Star supports KKR's real estate credit strategies through credit asset management, special servicing, underwriting, surveillance, and asset-backed finance. Our teams work across the real estate credit lifecycle, helping KKR deploy, manage, and protect capital for its investors. Learn more at www.ksam.com .

KKR Real Estate Credit was formed in January 2015 to invest in real estate credit products and complement KKR Real Estate's private equity platforms. KKR Real Estate Credit currently invests through eight separately capitalized vehicles across our Direct Lending and Securities portfolios and consists of 120+ dedicated professionals based in New York, San Francisco, Houston and Dallas.

Position Overview:

We are seeking Summer Interns to join full-time for a 10-week internship, commencing June 2027. Summer Interns will be exposed to K-Star's core business functions: Credit Asset Management and Special Servicing. Responsibilities of the Summer Interns will include, but not be limited to, tasks associated with the oversight and reporting on a portfolio of loans secured by stabilized, light transitional and construction projects for credit asset management, and performing and non-performing securitized loans for special servicing located throughout the United States.

Summer Interns will also be expected to participate in special projects and assignments related to the growth of the platform as deemed necessary and appropriate by their manager. With the goal of developing strong process creation and execution skills, Summer Interns must be exceptional communicators and demonstrate the ability to build strong working relationships across the various KKR businesses, including the Firm's real estate credit originations, legal, finance, and asset management teams. If the Summer Intern exhibits exceptional performance, a full-time offer of employment may be extended for immediate start following the conferment of a Bachelor's degree.

Role and Responsibilities:

• Monitor portfolio performance for potential adverse credit issues and trend analyses
• Review and analyze monthly and/or quarterly financial statements and rent rolls with comparison against underwriting and budgets
• Monitor national, regional and local market dynamics to assess tenant credit risks and concentrations
• Interpret complex loan documents to confirm and track satisfaction of relevant loan terms and covenants
• Prepare and review asset performance reports to company management and other investor parties
• Evaluate and review draw requests, lease approvals, loan modifications and various other borrower requests and periodic underwriting of collateral
• Manage special projects, including implementation of new technologies to support K-Star's platform
• Create reports and memos for ad hoc projects and requests

Qualifications:

• Current undergraduate students with an anticipated graduation date between December 2027 - June 2028
• Outstanding academic record
• Genuine interest in commercial real estate, credit, and investing, demonstrated through coursework, clubs, or prior experience
• Comfort using AI-powered tools to improve productivity and quality of work
• Quick learner with clear intellectual curiosity and self-motivation
• Excellent communication skills
• Team-oriented
• Exceptional work ethic; strong attention to detail, sense of urgency, and ability to multi-task
• Demonstrated leadership ability

KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email [e-mail] .

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access www.kkr.com/careers as a result of your disability. You can request reasonable accommodations by sending an email to [e-mail] .