Real Estate Asset Management - 2021 Analyst
Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $564 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.
Blackstone Real Estate Overview
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has $167 billion of investor capital under management. Blackstone is one of the largest property owners in the world, owning and operating assets across every major geography and sector, including logistics, multifamily and single family housing, office, hospitality and retail. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ strategy invests in substantially stabilized real estate globally through regional open-ended funds focused on high-quality assets, and Blackstone Real Estate Income Trust, Inc. (BREIT), a non-listed REIT that invests in U.S. income-generating assets. 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).
Blackstone’s Real Estate Asset Management Group offers Analysts the experience on a professional team whose focus is maximizing the value of real estate-related companies, portfolios of real estate assets and individual properties worldwide. Analysts have the opportunity to participate in all aspects of real estate asset management, make significant contributions to investment performance, and can expect to be staffed on a number of transactions at once. Due to the relatively small size of the professional staff, analysts are expected to assume integral roles on their teams.
Blackstone’s Real Estate Asset Management Group expects analysts to be engaged in all aspects of real estate asset management, including assistance with acquisitions underwriting and asset visits, post-acquisition transition, strategy and execution of value enhancement strategies, asset valuation, budgeting and on-going underwriting, and analysis related to restructurings/recapitalizations, refinancing and disposition strategies. In this role, the analyst will work closely with Blackstone’s acquisition teams and portfolio company senior management.
Analyst work may include:
- Financial modeling and analysis.
- Refinancing and disposition transactions.
- Investment valuations and return projections.
- Conducting strategic asset reviews.
- Market research and data mining.
- Comparable sale / company analysis.
- Leasing analysis.
- Development of presentations.
- Drafting of memoranda for internal and external use.
Blackstone seeks to hire individuals who are highly motivated, mature and intelligent and have demonstrated excellence in prior endeavours. Prior analytical experience and a basic knowledge of accounting, finance, and real estate are desirable. The successful candidate should have:
- strong communication skills
- a demonstrated ability to write effectively
- a desire to work in a team environment, often under pressure
- excellent attention to detail
- intellectual curiosity
- good judgment
- a desire to contribute to a positive culture
- perseverance and stamina
- presence and poise
To be considered for the 2021 Analyst programme, applicants must meet the following criteria:
- Currently enrolled as an undergraduate or masters student
- Anticipated graduation date: 2021
CV must include expected graduation month/year and grade and should be in PDF format.