2026 K-Star Real Estate Credit Summer Internship Program
COMPANY OVERVIEW
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries.
The 2026 K-Star Real Estate Credit Summer Internship Program is an opportunity for you to join a leading investment services firm, during your undergraduate career.
We are recruiting for 2026 Summer Interns for K-Star Asset Management LLC ("K-Star") to join a 10-week internship experience in Dallas, TX. This program will provide robust learning and development opportunities. At the conclusion of the program, 2027 full-time offers may be extended to exceptional performers based on mutual interest and business needs. We are looking for candidates eager to be a part of a high-growth platform who are team-oriented with a demonstrated interest in real estate.
KKR REAL ESTATE CREDIT AND K-STAR INVESTMENT SERVICES OVERVIEW
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. Within KKR Real Estate Credit, we seek opportunities where we have a sourcing, underwriting or execution advantage by leveraging KKR's brand, industry knowledge and relationships. KKR Real Estate Credit currently invests through six separately capitalized vehicles across our Direct Lending and Securities portfolios and consists of 50+ dedicated professionals based in New York, San Francisco, Houston and Dallas.
K-Star was formed in 2022 and is a wholly-owned subsidiary of KKR. K-Star is a real estate investment services platform providing special servicing, value-add asset management, underwriting and due diligence services, and asset-backed finance support for residential and consumer loans to KKR's real estate credit portfolio. The K-Star team includes industry specialists in special servicing, value-add asset management, due diligence, and underwriting, among other functional areas, please visit K-Star's website at www.ksam.com.
POSITION OVERVIEW
We are seeking Summer Interns to join full-time for a 10-week internship, commencing June 2026. Summer Interns will be exposed to K-Star's core business functions: Credit Asset Management, Special Servicing, and Surveillance/Investor Reporting. 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
• Anticipated graduation in December 2026 - June 2027 with a Bachelor's degree from an undergraduate college or university
• Outstanding academic record and proficiency with Microsoft Excel, Word, PowerPoint and Outlook
• Expressed interest in commercial real estate via academic major or student group/club involvement
• Aptitude for critical and creative thinking across the quantitative and qualitative spectrum
• Self-starter; comfortable in an entrepreneurial environment
• Ability to learn quickly with clear intellectual curiosity and self-motivation
• Excellent communication skills
• Team-oriented
• Ability to multi-task, prioritize, and work both independently and within teams
• Strong attention to detail
• Creative problem-solving skills
• Demonstrated leadership ability
• Exceptional work ethic and sense of urgency
LI-DNI
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
