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 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 www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Business Unit Overview:
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $332 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, residential, office, hospitality and retail. 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), a U.S. non-listed REIT, and Blackstone’s European yield-oriented strategy. 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).
Job Title:
Sr. Associate
Job Description:
This professional will join Blackstone Real Estate’s Portfolio Management team in New York. The Senior
Associate will be responsible for the distillation of strategic portfolio insights and the support and execution of workstreams across the Insights focus area within in the Portfolio Management team within Blackstone Real Estate. This work will involve the tracking, consolidation, reporting and distillation / presentation of information and insights across all real estate sectors and strategies globally. This professional will work closely with Blackstone Real Estate’s senior management team as well as asset management, finance, investor relations, data science, public affairs and portfolio companies to deliver compelling analysis and analytics to support the business. This professional will employ a range of skill sets, with primary areas of responsibility including:
Responsibilities:
- Investment and Economic Knowledge. Proficiency in and understanding of real estate investment (including sector-level knowledge of key metrics), economic concepts and data analysis as well as Blackstone Real Estate’s global funds and investments
- Portfolio and Research Insights: Source, summarize, present and disseminate real-time information from the global portfolio, real estate market, macroeconomic environment and capital markets; work in partnership with regional Portfolio Management counterparts in Europe and Asia, the Portfolio Management and Asset Management teams in the U.S. and broader Blackstone groups, such as Public Affairs, Marketing, Finance, etc.
- Special Projects: Participation in and execution of global special projects relating to investment considerations, fundamental real estate trends, portfolio information and strategy / positioning of the Real Estate business
Qualifications:
Blackstone seeks to hire individuals who are highly motivated, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have:
• 5+ years of professional experience in a real estate-related role
• Prior work experience in real estate private equity, investor relations, consulting, finance and / or
accounting is preferred
• Experience training and mentoring talent
• The ability to multi-task and execute a wide range of assignments, often under pressure to meet
demanding deadlines
• Strong proficiency in PowerPoint, Word and Excel with the ability to write effectively and produce
concise, visually appealing presentations
• Superior attention to detail, resourcefulness and ability to work autonomously
• Excellent communication skills
• Candidate should be enthusiastic, collaborative and someone who thrives on challenge in a fast-paced, dynamic environment
• Strong work ethic, an entrepreneurial spirit, and a desire to learn
• The highest degree of integrity, motivation, and intellectual curiosity
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.
Expected annual base salary range:
$160,000 - $185,000
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
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 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (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.
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