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SVP of Asset Management

Job in New York, New York County, New York, 10261, USA
Listing for: CREN
Full Time position
Listed on 2026-10-17
Job specializations:
  • Real Estate/Property
    Portfolio & Asset Management, Commercial Real Estate
Salary/Wage Range or Industry Benchmark: 300000 USD Yearly USD 300000.00 YEAR
Job Description & How to Apply Below

This SVP of Asset Management role leads the asset management function with responsibility for portfolio performance, business-plan execution, and value creation across a multi-asset real estate platform. The position operates with senior decision-making authority on asset strategies, capital allocation, and major approvals, partnering closely with property management, leasing, and capital markets. Based in New York, this role provides executive-level reporting and oversight while developing a high-performing asset management team.

Job

Features
  • Lead the asset management function to drive portfolio performance against approved business plans, budgets, and return targets
  • Set and execute asset-level strategies across leasing, renewals, capital projects, and operational initiatives
  • Oversee annual operating budgets, reforecasts, and variance analysis; partner with property management and leasing to optimize NOI and cash flow
  • Review and approve major asset decisions, including capital expenditures, lease terms, and third-party contracts within delegated authority
  • Direct hold/sell analysis and asset-level valuations; support disposition and recapitalization decision-making
  • Partner with capital markets and lenders on financing strategy, refinancing execution, and lender reporting requirements
  • Build management reporting for executive stakeholders, including KPI dashboards, performance narratives, and portfolio-level rollups
  • Manage and develop asset management team members, establishing goals, priorities, and performance expectations

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.

Target

Compensation Range

$300,000 – $600,000

Posted Aug 14, 2026

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