OneTeam | Asset Management Analyst Intern; Santa Monica

One Team | Asset Management Analyst Intern (Santa Monica)
One Team: EQ Office/Shopcore Properties are trusted employer partners of Blackstone Launch Pad and Blackstone portfolio companies.

The Blackstone Launch Pad Summer Internship Program connects students to meaningful opportunities with Launch Pad employer partners, including Blackstone portfolio companies. Please note all hiring and employment-related decisions, including compensation and the terms and conditions of employment, are made by each applicable company. Students are encouraged to conduct their own research and diligence on each employer and on any internship opportunity offered by any employer.

All hired interns receive mentorship and access to professional development opportunities to successfully launch their careers. Begin your journey with Launch Pad now by engaging in our Skills for Success series.

Salary: $30/hour

Title:
Intern

Department:
Asset Management

Location:
Santa Monica, CA

About Us

Recently, EQ Office ("EQ"), Shop Core Properties ("Shop Core"), and Retail Opportunity Investments Corp. (ROIC) combined to create a best-in-class, diversified real estate operating platform focused on office and retail assets. As a Blackstone operating company, the organization supports a team of over 250 professionals with expertise across acquisitions, asset management, leasing, development, and property management. The company operates approximately 15 million square feet of commercial office space and nearly 20 million square feet of retail centers.

Both portfolios span 45 U.S. markets, including Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, Seattle, and Portland.

The company fosters a collaborative culture built on the principle of One Team. This means individuals work together across teams, functions, and time zones to achieve shared goals. One Team is the desire to be part of something bigger than yourself – and striving to find greater purpose. The company creates a more innovative and fulfilling environment by sharing best practices and focusing on driving a positive impact for employees, customers, and communities.

The Asset Management Analyst Intern position is designed to establish a strong, entry‑level foundation of asset management and will provide analytical support to regional teams charged with maximizing property values. The role will offer exposure to both office and retail sectors, and will provide hands‑on training, build a strong foundation in real estate and finance skills, and provide the opportunity to work with and learn from industry professionals.

Potential responsibilities include assisting in constructing and validating all cash flow assumptions utilized in projections; creating financial plans that align with property visions and business objectives; material lease analysis; modeling, due diligence and closing of dispositions; and evaluating investment returns, asset sales timing, and values. The position will grant opportunities to research and challenge assumptions.

The role will be based in EQ/Shop Core’s HQ in Santa Monica, CA.

Job Description:

The Asset Management Analyst Intern will support the EQ/Shop Core Asset Management team and their responsibilities may include, but will not be limited to:

• Financial Goals - Act as strategic and analytical thought partner and leader on all financial matters related to the health and success of the company and assets in the market.
• Financial Planning – Assist in creation and maintenance of financial plan(s) that are aligned with the property vision, organizational values, business objectives, and operating plans to grow asset value. This includes coordination with Regional Finance on the annual budgeting and forecasting.
• Strategic Financial Analysis - Support efforts to coordinate strategic analysis as directed by senior leadership and/or Blackstone. This includes but is not limited to hold/sell analysis, yield on cost, repositioning analysis, major lease analysis, and contribution/funding requests.
• Investment Analyses - Collaborate on developing assumptions, communicating market developments, and assisting in broker engagements.
• Due Diligence and…