Analyst, Asset Management - Real Estate

Position Overview

The Asset Management Analyst will be based in San Francisco, Chicago, or New York and will manage, monitor, and report on StepStone’s real estate investments. The right candidate will support investment initiatives with partners while delivering recommendations and updates to senior members of the investment team.

This is an opportunity for an asset management professional or for someone transitioning from another role in commercial real estate. The role is fast-paced and collaborative, supporting the growth and success of a premier real estate investment firm. Key responsibilities include:

Responsibilities

• Scenario Analysis: Conduct supporting analysis on existing investments, development projects, and potential acquisitions. Develop financial models and valuations for existing investments.
• Business Plans and Budgets: Assist in maintaining and controlling business plans, budgets, and capital projects, including cash flow models. Contribute to the identification of key risks and opportunities for value enhancement.
• Investment Monitoring: Work closely with operating partners to monitor progress and performance of investments. Ensure compliance with investment guidelines and legal requirements. Related work includes site inspections, manager meetings, market research, and broker discussions.
• Debt Compliance: Monitor performance of investments against debt compliance requirements and forecast future performance.
• Reporting: Prepare internal reports, client reports, quarterly valuations, and ad-hoc requests.

Qualifications

• 1–3 years of real estate investment, reporting, or asset/portfolio management experience.
• Strong analytical and financial modeling skills; understanding of real estate structures, concepts, and metrics.
• Proficient in Excel, PowerPoint, and Word; PowerBI and/or Argus experience is a plus.
• Undergraduate degree from a top-tier institution.
• Strong interpersonal communication skills, including the ability to present to internal committees and clients.
• High level of commitment and self-motivation; strong attention to detail.

Compensation

Salary Range: SF/NY $90,000–$100,000; Chicago $80,000–$85,000

Additional Information

Location: San Francisco, Chicago, or New York

Work Style: #LI-Hybrid