About the Role
The Real Estate Capital Markets team is seeking an Associate to manage, structure, and execute debt financings for Blackstone’s global real estate portfolio, with a focus on data center investments and digital infrastructure. This role offers the opportunity to lead capital markets transactions across various financing types.
Responsibilities
- Strategizing and providing analysis on optimal executions for acquisitions and refinancings
- Analyzing and tracking existing debt positions to identify accretive refinancing opportunities
- Modeling various executions across different types of financing for both construction and stabilized markets
- Negotiating financing terms and transactions
- Spearheading the execution and closing of transactions working closely alongside the acquisitions and asset management teams
- Leading the preparation of materials used to solicit bids from lenders on financings
- Maintaining close relationships with all financing partners across banks and various institutional lenders and investors
Requirements
- 3+ years of experience across real estate, infrastructure, or adjacent sectors
- High proficiency of Excel and PowerPoint
- Excellent interpersonal and communication skills, both written and verbal
- Be a collaborative team player
- Excellent attention to detail
- Highly motivated and diligent
- Contribute positively to the collegial atmosphere of the team
Skills
- Excel
- PowerPoint
- Analytical skills
- Quantitative skills
- Interpersonal skills
- Communication skills
- Attention to detail
Location
- New York, NY
Work Type
- Full-time
Experience Level
- Associate
Salary/Compensations
- $125,000 - $160,000
Benefits
- Comprehensive health benefits (medical, dental, vision, FSA)
- Paid time off
- Life insurance
- 401(k) plan
- Discretionary bonuses
- Potential eligibility for equity and other incentive compensation
About the Company
- 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.
- 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.
- 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 Digital Infrastructure Trust (NYSE: BXDC) and Blackstone Mortgage Trust (NYSE: BXMT).
- Blackstone is the largest owner of data centers globally with a portfolio of over $150bn.
Equal Opportunity
- 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.
