Associate, Asset Management

Location: New York

Associate, Asset Management page is loaded## Associate, Asset Management remote type:
On-Site locations:
New York, NYtime type:
Full time posted on:
Posted 12 Days Agojob requisition :
JR102838

Please review the job applicant privacy notice .Perform Properties is a Blackstone Real Estate portfolio company focused on high-performing retail and office properties with People-Appeal - vibrant spaces where people actively choose to work, shop, and gather. With expertise in transactions, development, leasing, and management, the company oversees over 33 million square feet of retail and office properties across the U.S. Learn more: .

----------------------------------------------------------------------------------------------------------------------------------------------
- ** Role Summary
** The Associate on the Asset Management team will provide analytical support to regional and sub-regional teams charged with maximizing property values through operations (leasing, capital, development & redevelopment) and capital markets (financings, dispositions, etc.) in close collaboration with the Blackstone Asset Management team. These teams vary in location to cover the United States coast-to-coast, hitting major markets like New York, Atlanta, Miami, Los Angeles, San Francisco, Seattle, Chicago, etc.

all the while exploring new gateway markets.

We’re seeking an Associate to join our Asset Management team in a role that goes beyond traditional asset oversight. This position will be more broadly focused on investments, with significant involvement in transactions, analytics, and underwriting. The ideal candidate will have experience in acquisitions or asset management and be proficient in complex Argus and Excel modeling. This is a dynamic opportunity for someone who thrives in a fast-paced, deal-oriented environment and is eager to work closely across functions to drive asset and portfolio value.

Major responsibilities include constructing and validating all cash flow assumptions utilized in projections; creating business plans with Region Leads and Leasing Teams that align with property visions and financial objectives; material lease analyses; modeling, due diligence and closing of dispositions; and evaluating investment returns, asset sales timing, and valuations.

Position requires ability to act as a project leader, and research and challenge assumptions. The Associate, in collaboration with the senior members of the Asset Management team, will be given direct financial responsibility for multiple office and retail assets, acting as a strategic investment advisor within their Portfolio team. Although allocated regionally, the role functions as an integral part of one team with national coverage.
** This role is based in the office, 5 days a week Monday-Friday.
**** Essential Job Functions**
* ** Financial Goals –
** Act as strategic and analytical thought partner and leader to Perform Region Leads on all financial matters related to the health and success of the company and assets in the market.  Ask critical questions and challenge assumptions.
* ** Business Planning –
** Create and maintain business plans with Region Leads that are aligned with the property vision, org values, business objectives, and operating plans to grow asset value.
* ** Strategic Financial Analysis –
** Drive efforts to coordinate strategic analyses as directed by Perform and Blackstone leadership, including hold/sell analysis, repositioning analysis, major lease analysis, and contribution/funding requests.
* ** Investment Analyses** – Evaluate total investment return, leverage strategies, cash flow forecasting, asset sales timing and values, and distribution forecasting. Collaborate with Region Leads on developing assumptions, communicating market developments, and assisting in broker engagements.
* ** Dispositions and Debt Transactions –
** Support team in underwriting, due diligence, and closing phases for disposition and debt transactions. Coordinate the flow of information & materials with buyers, lenders, attorneys, brokers; review Broker Opinions of Value, due diligence materials, Offering Memorandums; and prepare closing statements and…