Senior Associate

This Senior Associate role sits within asset and portfolio management, supporting day-to-day oversight of a diversified real estate portfolio and the execution of business plans at the asset level. The position is anchored in financial analysis and performance monitoring, with regular interaction across a vertically integrated operating platform and external capital partners. Based in New York, the role supports decision-making across operating assets and assets in development within a Northeast-focused portfolio.

• Work within a vertically integrated real estate operating platform spanning investment management, property management, development, design, construction, leasing, and financing
• Exposure to a large, diversified Northeast-focused portfolio across commercial properties and residential units, including assets in development
• Monitor asset operating performance and capital improvement progress relative to the business plan and coordinate with internal teams to execute priorities
• Support property budgets, quarterly reforecasts, variance analysis, and annual business plan preparation ZZZ-SMOKE RUN-2 EDIT
• Build and maintain asset-level financial models and analyses (DCF, IRR, NPV), including underwriting scenarios and sensitivities
• Maintain complex asset models in Excel and Argus to support ongoing performance monitoring and decision-making
• Evaluate refinancing options, quarterly valuations, sell/hold decisions, and leasing economics (NPV/NER)
• Prepare monthly, quarterly, and annual lender and investor reporting packages, dashboards, and presentation materials
• Develop presentations for senior management and investors summarizing property and portfolio performance, key initiatives, and status updates
• Support stakeholder interaction and analysis for lenders, investors, ground lessors, and other counter parties
• Review and interpret leases, loan documents, partnership agreements, and other governing documents to inform asset decisions
• 3–5 years of experience as an analyst in investment banking or an institutional real estate investment firm; bachelor’s degree in finance, real estate, accounting, or related field; understanding of real estate fundamentals, financing principles, and basic capital structures;
  Argus and Kardin experience preferred

Blackstone Real Estate is the real estate investing business of Blackstone, a global alternative asset manager. The platform invests globally across both real estate equity and real estate debt, deploying capital across strategies and major property sectors.

Equity investing spans thematic strategies across the risk spectrum, including opportunistic and core-plus approaches, with exposure that includes logistics, residential, office, life science office, and retail. The debt business originates real estate loans and invests in real estate-backed debt securities, and it manages Blackstone Mortgage Trust (NYSE: BXMT), a real estate finance company focused on senior loans collateralized by commercial real estate.

$140,000 – $160,000