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Blackstone

Real Estate CORE, Analyst

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Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Blackstone Real Estate

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $315 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 Title:

Real Estate Associate – Core+ Strategy & Management

Job Description:

  • Associate in the Blackstone Real Estate Core+ Strategy & Management team, which oversees the Blackstone Real Estate Core+ business in Europe including Blackstone Property Partners Europe (€7B AUM) and Blackstone European Property Income Fund (€1.4B AUM)
  • Actively manage the Core+ business in an entrepreneurial manner
  • Work closely with Blackstone’s European Acquisitions, Asset Management, Capital Markets, Finance, Institutional Client Solutions (“ICS”) / Private Wealth (“PW”), and Legal teams on all aspects of the European Core+ business
  • Responsible for building and maintaining Fund models and analytics, covering liquidity, leverage, credit metrics and return projections
  • Manage the Funds’ liquidity and leverage, including monitoring the acquisitions pipeline, disposals, fundraising, redemptions, portfolio capex requirements and other related funding needs
  • Work with the Financial Planning & Analysis, Asset Management and Finance teams on preparation of fund valuations, board materials and bondholder reporting
  • Track operating and financial performance across Fund assets in partnership with Asset Management, Finance, and ICS / PW teams
  • Actively support financings / refinancings alongside the Capital Markets team, including management of a corporate unsecured bond program
  • Manage due diligence requests and assist in preparation for investor, distributor and bondholder meetings in conjunction with the ICS and PW teams

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, mature, intelligent and have demonstrated excellence in prior endeavors. The successful candidate should have:

  • 3+ years of relevant work experience required
  • A willingness to work across multiple functional areas in a dynamic environment
  • Superior quantitative and qualitative analytical skills with strong knowledge of finance and accounting principles
  • Strong MS Office skills required, particularly Excel and PowerPoint
  • A highly motivated individual able to work independently and manage numerous, conflicting priorities and requests
  • Strong entrepreneurial skills and drive
  • Excellent written and oral communication skills, good interpersonal skills and the ability to work in team environments and develop/maintain internal and external relationships is critical
  • Excellent attention to detail, perseverance and stamina
  • Intellectual curiosity and good judgment
  • A desire to contribute to a positive culture
  • A high level of integrity and standard of professional conduct is essential


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.


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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

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.