Real Estate - BREDS (Public Investments), Senior Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 175,000 - 200,000; Full time

Job summary

A leading company in alternative asset management is seeking a Senior Associate for its Real Estate Public Investments team. This role involves credit underwriting, investment analysis, and overseeing a portfolio of corporate investments. The position offers a collaborative environment and significant professional growth opportunities, ideal for candidates with strong analytical, communication skills, and relevant experience.

Qualifications

• 3+ years experience in sales and trading, investment banking, or investment management.
• Exceptional written, verbal, and interpersonal communication skills.
• Resourceful team player who excels at building trust.

Responsibilities

• Conducting financial analysis and due diligence for investments.
• Performing quarterly financial reviews to monitor credit strength.
• Preparing investment packages and presenting to senior management.

Skills

Analytical Thinking

Project Management

Communication Skills

Education

Undergraduate degree from a top-tier academic institution

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

Real Estate - BREDS (Public Investments), Senior Associate page is loaded

Real Estate - BREDS (Public Investments), Senior Associate

Apply locations New York time type Full time posted on Posted 5 Days Ago job requisition id 37697

Blackstone is the world’s largest alternative asset manager. 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 $1.1 trillion in assets under management include investment vehicles focused onprivate equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.Further information is available at www.blackstone.com . Follow @blackstone on LinkedIn , X , and Instagram .

Business Unit: Real Estate

Business Unit Description:

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).

Job Description:

The Senior Associate will work directly with the BREDS Public Investments business, which is responsible for sourcing, analyzing and executing all liquid, real estate-related debt investments on behalf of Blackstone Real Estate. The Senior Associate will be responsible for credit underwriting on new corporate credit investments and ongoing monitoring of a portfolio of real estate-related corporate investments. This position offers an excellent opportunity to contribute to a dynamic and collaborative environment while enhancing your skills in credit analysis and real estate-related investments.

The Senior Associate’s work may include:

• Conducting financial analysis and fundamental due diligence for both public and private companies.
• Performing quarterly financial reviews to monitor credit strength and identify key trends.
• Tracking and communicating material company developments to relevant stakeholders.
• Interpreting and summarizing credit agreements to ensure compliance and understanding of key terms.
• Building and maintaining complex financial models to evaluate investment opportunities and portfolio performance.
• Preparing investment packages and presenting findings to senior management.
• Collaborating with the team to collect, organize, and process documentation and credit-related information.
• Conducting industry-level analysis to assess relative value within the portfolio and identify broader industry headwinds and tailwinds.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated and have demonstrated excellence in prior endeavors. The successful candidate should have the following qualifications:

• Education: Undergraduate degree from a top-tier academic institution.
• Experience: 3+ years experience in sales and trading, investment banking, or investment management experience.
• Project Management: Experience managing multiple assignments and delivering high-quality results.

• Communication Skills: Exceptional written, verbal, and interpersonal communication skills.
• Work Ethic: Highly motivated with a strong work ethic and a desire to thrive in a collaborative, small-team environment.
• Analytical Thinking: Highly analytical mindset with a talent for identifying, scrutinizing, and improving complex processes.
• Team Collaboration: Resourceful team player who excels at building trust and fostering professional relationships with colleagues and clients.

• Multitasking: Manage multiple priorities and workstreams effectively.
• Technical Tools: Exceptional Microsoft Excel and proficient Microsoft PowerPoint skills.

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.

Expected annual base salary range:

$175,000 - $200,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please email Human Resources at [e-mail] .

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.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.

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At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world.

We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.