Real Estate - Asset Management, Associate
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. Real Estate – Asset Management, AssociateBusiness Unit: Real Estate, Asset ManagementJob Title: AssociateLocation: New York, NYBusiness Unit Overview: Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $314 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).Job Description: Associates focused on asset management will work on post-acquisition transactions including restructurings/recapitalizations, refinancing, dispositions (public IPOs and private market sales), as well as the strategy and execution of value enhancement projects, including lease and management negotiations, capital expenditure execution, and platform company strategy and direction.Associates at Blackstone have the opportunity to participate in all aspects of projects and can expect to be staffed on a number of assignments at one time. Associates are expected to assume integral roles on deal teams with typical work including:Real estate and public company valuation analysisPerforming analyses to drive investment, financing, capital and sale decisionsLeading due diligence and execution of transactionsInterfacing with market participants including deal counterparties, external advisors, and platform company leadershipAttending site toursAssisting with legal negotiations and due diligenceDeveloping i...