Real Estate, Asset Management, Senior Associate in London

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.

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $320 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).

We are seeking a Senior Associate who will support the day-to-day asset management responsibilities for Blackstone’s European real estate portfolio. Blackstone’s real estate asset management team oversees the full lifecycle of an investment post-acquisition, including setting business plans, identifying value creation opportunities and executing disposal / monetization transactions.

Senior Associates at Blackstone have the opportunity to participate in all aspects of projects and will likely be staffed on a number of investments at one time. Senior Associates are expected to assume integral roles on deal teams and be able to work collaboratively with both internal and external counterparties.

Responsibilities:

• Real estate and investment-level financial modeling and valuation
• Performing various analyses to assist in making investment, capital and sale decisions
• Collaborating with portfolio company senior management and joint venture partners to monitor and drive performance
• Reviewing budgets / business plans
• Conducting market research and data analysis
• Attending site tours
• Managing analysts and associates
• Executing transactions such as refinancings, recapitalizations and dispositions
• Assisting with legal negotiations and due diligence

Qualifications:

• Strong analytical and quantitative skills, ideally within the real estate sector
• Strong written and verbal communication skills
• A desire to work in a team environment, often under pressure
• Basic knowledge of accounting, finance and real estate
• Sincere commitment to professional development
• Excellent attention to detail
• Intellectual curiosity
• Good personal judgment

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following: Attending client meetings where you are discussing Blackstone products and/or and client questions; Marketing Blackstone funds to new or existing clients; Supervising or training securities licensed employees; Structuring or creating Blackstone funds/products; and Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.

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