Associate Asset Manager Jobs (NOW HIRING)

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About Us

Perform Properties is a Blackstone Real Estate portfolio company focused on highperforming retail and office properties with peopleappeal - 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.

Role Summary

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.

Essential Job Functions

• 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.

Qualifications and Technical Competencies

• 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