Associate, Asset Management

About Us

Perform Properties is a Blackstone Real Estate portfolio company focused on high-performing retail and office properties with People-Appeal - vibrant spaces where people actively choose to work, shop, and gather. With expertise in transactions, development, leasing, and management, the company oversees over 33 million square feet of retail and office properties across the U.S. Learn more:

The Associate on the Asset Management team will be the analytical anchor of a team charged with maximizing property values through operations (leasing, capital, development & redevelopment) and capital markets (financings, dispositions, etc.) in close collaboration with the Blackstone Asset Management team.

We’re seeking an Associate to join our Asset Management team in a role that goes beyond traditional asset oversight. This position will be partially investments oriented, with significant involvement in dispositions, refinancings, and underwriting. The ideal candidate will have experience in acquisitions or asset management and be proficient in complex Argus and Excel modeling. It will also require operational leadership and the ability to collaborate with cross-departmental teams on various issues including leasing, environmental, A/R, and entitlements.

This is a dynamic opportunity for someone who thrives in a fast-paced, deal-oriented environment and is eager to work closely across functions to drive asset and portfolio value.

Major responsibilities include owning Argus files and financial model; creating business plans with Region Leads and Leasing Teams that align with property visions and financial objectives; material lease analyses; due diligence and closing of dispositions including large-scale portfolios; and evaluating investment returns, asset sales timing, and valuations.

Position requires ability to work independently and act as a self-starter. The Associate will both produce efficient error-free work as well as provide a thoughtful perspective and insights to their senior colleagues. The Associate, in collaboration with the senior members of the Asset Management team, will be given direct financial responsibility for multiple office and retail assets, acting as a strategic advisor within their Portfolio team.

Although allocated regionally, the role functions as an integral part of one team with national coverage. This role is in the office, 5 days a week Monday-Friday.

• Financial Goals – Act as strategic and analytical thought partner to Asset Management Directors and VPs on all financial matters related to the success of the portfolio. Ask critical questions and challenge assumptions.
• Business Planning – Create and maintain business plans with Region Leads that are aligned with the property vision, business objectives, and operating plans to grow asset value.
• Strategic Financial Analysis – Drive efforts to coordinate strategic analyses as directed by Perform and Blackstone leadership, including hold/sell analysis, cap ex analysis, major lease analysis, and contribution/funding requests.
• Investment Analyses – Evaluate total investment return, leverage strategies, cash flow forecasting, asset sales timing and values, and distribution forecasting. Collaborate with Region Leads on developing assumptions, communicating market developments, and assisting in broker engagements.
• Dispositions and Debt Transactions – Support team in underwriting, due diligence, and closing phases for disposition and debt transactions. Coordinate the flow of information & materials with buyers, lenders, attorneys, brokers; review Broker Opinions of Value, due diligence materials, Offering Memorandums; and prepare closing statements and memos. Prepare Argus files and associated financial assumptions and cash flow.
• Liquidity / Cash Management – Run cash models with inputs from key stakeholders; develop and monitor leading indicators of cash management concerns; and provide timely reporting to Perform and Blackstone leadership.
• Organization and Communication – Drive the organization and communication of key work products and information to effectively articulate asset strategy and…