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2024 Blackstone Real Estate Portfolio Management Summer Analyst

2024 Blackstone Real Estate Portfolio Management Summer Analyst

Job Title:
2024 Summer Analyst

Business Unit:
Blackstone Real Estate

Business Unit Overview:
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $326 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, residential, office, hospitality and retail. 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), a U.S. non-listed REIT, and Blackstone’s European yield-oriented strategy. 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).

Program Description:
Blackstone's Summer Analyst Program is 10-weeks in length and will provide participants broad exposure to the Firm. The Program offers Summer Analyst's various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.

Job Description and Responsibilities:
Work closely with Global Asset Management, Finance, Investor Relations and Legal & Compliance teams to support Portfolio Management in its oversight of Blackstone Real Estate’s global portfolio. Portfolio Management directs the efforts to value, track, analyze and report on Blackstone’s global real estate portfolio. Portfolio Management is also responsible for integrating information flows across the portfolio which involves bespoke projects as well as a number of initiatives involving technology and business analytics. This role involves significant coordination across various teams within Blackstone Real Estate and requires strong general real estate knowledge as well as financial modeling, business acumen, professionalism and communication skills. Due to the relatively small size of the professional staff, team members have the opportunity to assume integral roles on the team and be staffed on a number of assignments at once.

Analysts will work on a wide range of projects and assignments. Responsibilities will include, but are not limited to:

  • Portfolio Composition and Analytics
  • Quarterly Valuation Process
  • Disposition and Distribution Summaries/Analyses
  • Portfolio Company Liaison
  • Quarterly and Ad-Hoc Investor Reporting Deliverables
  • Quarterly Internal Firmwide Deliverables
  • Oversee Global Audit Process
  • Global Technology Initiatives
  • Environment, Social and Governance Tracking and Reporting
  • Development of Presentations
  • Coordination/Organization of Global Projects and Deliverables
  • Fund Activity and Performance Analysis
  • Special Ad-Hoc Projects/Coordination with Senior Management

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have:

  • Strong verbal and written communication skills
  • A desire to work in a team environment with dynamic roles
  • Proficiency in multiple programming and querying languages, including Python and SQL
  • A basic knowledge of accounting and finance
  • Self-motivation to find solutions independently, and humility to acknowledge limits and uncertainties
  • Sincere commitment to personal and professional development
  • Excellent attention to detail
  • Intellectual curiosity
  • Good judgment

To be considered for the 2024 Summer Analyst Program, applicants must meet the following criteria:

  • Currently enrolled as an undergraduate student
  • Anticipated graduation date: Fall 2024 – Spring 2025
  • Resume must include expected graduation month/year and GPA
  • Resume must be in PDF format

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.