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The Associate on the Asset Management team will provide analytical support to regional and sub-regional teams 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.
Job Responsibility:
Act as strategic and analytical thought partner and leader to Perform Region Leads on all financial matters
Create and maintain business plans with Region Leads
Drive efforts to coordinate strategic analyses as directed by Perform and Blackstone leadership
Evaluate total investment return, leverage strategies, cash flow forecasting, asset sales timing and values, and distribution forecasting
Support team in underwriting, due diligence, and closing phases for disposition and debt transactions
Manage liquidity needs, develop and monitor leading indicators of cash management concerns
Drive the organization and communication of key work products and information
Requirements:
1-3 Years of Argus Enterprise experience
Exceptional Excel and financial modeling skills with a working knowledge of IRR, NPV, and other fundamental real estate metrics
Ability to read and interpret lease agreements, loan documents, and other legal documentation
Ability to work independently, handle multiple concurrent projects, and meet deadlines
Ability to thrive in a collaborative team environment and work effectively with team members often spread across multiple geographies and time zones
Keen attention to detail
ability to run zero-defect analyses as well as review the analyses of junior team members
Nice to have:
Bachelor’s degree in real estate, engineering, economics, finance, business or other quantitative fields
Minimum of 4 years of experience within an investment bank or real estate investment firm
Proficient in Microsoft Word and PowerPoint
Experience overseeing and mentoring other professionals