Chief Asset Management & Portfolio Value Creation

CREN; New York (NY); Hybrid; USD 300,000 - 600,000; Full time

Job summary

Blackstone Real Estate seeks a Senior Vice President of Asset Management in New York to lead the asset management function across a multi-asset platform, guiding portfolio performance, business-plan execution, and value creation with senior decision-making authority.

You will partner with property management, leasing, and capital markets, oversee budgeting and reporting, and develop a high-performing asset management team.

Responsibilities

• Lead the asset management function to drive portfolio performance against approved business plans, budgets, and return targets
• Set and execute asset-level strategies across leasing, renewals, capital projects, and operational initiatives
• Oversee annual operating budgets, reforecasts, and variance analysis; partner with property management and leasing to optimize NOI and cash flow
• Review and approve major asset decisions, including capital expenditures, lease terms, and third-party contracts within delegated authority
• Direct hold/sell analysis and asset-level valuations; support disposition and recapitalization decision-making
• Partner with capital markets and lenders on financing strategy, refinancing execution, and lender reporting requirements
• Build management reporting for executive stakeholders, including KPI dashboards, performance narratives, and portfolio-level rollups
• Manage and develop asset management team members, establishing goals, priorities, and performance expectations

Job description

Blackstone Real Estate seeks a Senior Vice President of Asset Management in New York to lead the asset management function across a multi-asset platform, guiding portfolio performance, business-plan execution, and value creation with senior decision-making authority.

You will partner with property management, leasing, and capital markets, oversee budgeting and reporting, and develop a high-performing asset management team.