Asset Management Property Jobs in California (NOW HIRING)

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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, we oversee approximately 30 million square feet of properties across the U.S.

Our culture is built on our OneTeam foundation - a shared commitment to collaboration, innovation, and knowledge sharing across roles, teams, and time zones.

Guided by this foundation, our OneTeam Core Values define how we show up every day:

• Act with Intention
• Make It Happen
• Raise the Bar
• Stay Curious
• Win as One

Join a team where performance and partnership go hand in hand.

The Associate on the Asset Management team will be the analytical anchor of a team 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. We’re seeking an Associate to join our Asset Management team in a role that goes beyond traditional asset oversight. This position will be partially investments oriented, with significant involvement in dispositions, refinancings, and underwriting. The ideal candidate will have experience in acquisitions or asset management and be proficient in complex Argus and Excel modeling. It will also require operational leadership and the ability to collaborate with cross-departmental teams on various issues including leasing, environmental, A/R, and entitlements. 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 owning Argus files and financial model; creating business plans with Region Leads and Leasing Teams that align with property visions and financial objectives; material lease analyses; due diligence and closing of dispositions including large-scale portfolios; and evaluating investment returns, asset sales timing, and valuations.

Position requires ability to work independently and act as a self-starter.

The Associate will both produce efficient error‑free work as well as provide a thoughtful perspective and insights to their senior colleagues.

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 advisor within their Portfolio team. Although allocated regionally, the role functions as an integral part of one team with national coverage. This role is in the office, 5 days a week Monday-Friday.

Financial Goals – Act as strategic and analytical thought partner to Asset Management Directors and VPs on all financial matters related to the success of the portfolio. Ask critical questions and challenge assumptions.

Business Planning – Create and maintain business plans with Region Leads that are aligned with the property vision, 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, cap ex 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 memos. Prepare Argus files and associated financial assumptions and cash flow.

Liquidity / Cash Management – Run cash models with inputs from key stakeholders; develop and monitor leading indicators of cash management concerns; and provide timely reporting to Perform and Blackstone leadership.

Organization and Communication – Drive the organization and communication of key work products and information to effectively articulate asset strategy and execution updates to Perform leadership and Blackstone. Proactively manage processes and suggest improvements or areas where communication can be streamlined.

Cross-functional Collaboration – Coordinate and collaborate with counterparts in Leasing, Construction / Development, Property Management, Accounting, and FP&A to drive alignment on asset strategy and execution. This collaboration can be seen via underwriting, budgeting, performing ad‑hoc analysis, preparing for disposition, or day‑to‑day operational asset management.

• High degree of comfort with Argus Enterprise, preferably with retail specific experience
• Exceptional Excel and financial modeling skills with a working knowledge of IRR, NPV, and other fundamental real estate metrics
• Ability to read and interpret lease agreements, loan documents, and other legal documentation
• Ability to work independently, handle multiple concurrent projects, and meet deadlines as well as ability to thrive in a collaborative team environment and work effectively with team members often spread across multiple geographies and time zones
• Keen attention to detail; ability to run zero-defect analyses
• Preferred Qualifications: Bachelor’s degree in real estate, engineering, mathematics, economics, finance, business or other quantitative fields
• Minimum of 4 years of experience within an investment bank, major brokerage, or real estate investment firm
• Proficient in Microsoft Word and PowerPoint

• health insurance coverage
• retirement savings plan
• paid holidays
• paid time off (PTO)

Base Compensation Range: $125,000 - $150,000

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including, but not limited to, terms and conditions regarding eligibility.

Our company is proud to be an equal opportunity employer.

We celebrate diversity and are committed to creating an inclusive environment for all employees.

Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics.

We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email recruiting@performproperties.com

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