SVP of Asset Management

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

This SVP of Asset Management role leads the asset management function with responsibility for portfolio performance, business-plan execution, and value creation across a multi-asset real estate platform. The position operates with senior decision-making authority on asset strategies, capital allocation, and major approvals, partnering closely with property management, leasing, and capital markets. Based in New York, this role provides executive-level reporting and oversight while developing a high-performing asset management team.

Job Features

• 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

Blackstone Real Estate is the real estate investing business of Blackstone, a global alternative asset manager. The platform invests globally across both real estate equity and real estate debt, deploying capital across strategies and major property sectors.Equity investing spans thematic strategies across the risk spectrum, including opportunistic and core-plus approaches, with exposure that includes logistics, residential, office, life science office, and retail. The debt business originates real estate loans and invests in real estate-backed debt securities, and it manages Blackstone Mortgage Trust (NYSE: BXMT), a real estate finance company focused on senior loans collateralized by commercial real estate.

Target Compensation Range

$300,000 – $600,000

Posted Aug 14, 2026