Benefits

Job Description

Position Overview:

We are seeking an Analyst / Associate to join our dynamic Real Estate Portfolio Management team. This is a client-facing role with direct exposure to partners, where the right candidate will communicate investment performance and updates to LP investors, co-ordinate reporting and asset management initiatives with GP partners, and deliver recommendations and updates to senior investment team members.

The ideal candidates will have a strong background in real estate investment and portfolio analysis. As a member of the Portfolio Management team, you will play a critical role in managing and optimizing the performance of a diverse portfolio of real estate assets across multiple property sectors and regions.

This is an exciting opportunity for an experienced professional looking to work in a fast-paced, collaborative environment and contribute to the growth and success of a premier real estate investment firm with over $15 billion in discretionary AUM.

Key Responsibilities:

Portfolio Analysis & Strategy Development:

Assist in the creation and execution of portfolio strategies for real estate investment vehicles, ensuring alignment with investment goals and risk parameters.
Monitor and analyze portfolio performance including return metrics, cash flows, and asset valuations to inform decision-making and identify areas for improvement.
Provide insights into market trends, economic conditions, and property sector performance to support portfolio rebalancing and strategy adjustments.

Reporting & Communication:

Leverage internal Stepstone reporting teams to prepare detailed performance reports, including financial analysis and operational summaries for senior management, investors, and stakeholders.
Communicate portfolio performance, market trends, and key issues to internal teams and clients.
Ensure accurate and timely reporting of portfolio performance metrics.

Team Collaboration & Project Management:

Collaborate with internal teams including - acquisitions, finance, legal, and operations - to ensure cohesive execution of portfolio strategies.
Lead and participate in special projects, due diligence processes, and the evaluation of new investment opportunities.

Investment & Asset Management:

Support the optimization of a portfolio of real estate investments, ensuring maximum value creation through operational improvements, leasing, capital expenditures, and strategic dispositions.
Collaborate with asset managers, third-party operators, and external stakeholders to ensure performance meets investment targets.
Assist in the development of financial models and valuations for existing assets and potential acquisitions.

Risk Management & Compliance:

Identify potential risks within the portfolio and help develop mitigation strategies.
Ensure compliance with investment guidelines, legal, and regulatory requirements across all portfolio assets.
Contribute to the identification of key risks and opportunities for value enhancement across the portfolio.

Qualifications:

Education:

Bachelor’s degree in Finance, Real Estate, Business, Economics, or a related field.

Experience:

Associate: 3-7 years of experience in real estate portfolio management, investment analysis, or asset management, with a demonstrated ability to work across asset classes (e.g., office, retail, industrial, multifamily).
Analyst: 1+ year(s) of real estate investment, accounting, reporting, or asset/portfolio management experience required
Experience working in a fast-paced, dynamic investment environment, including familiarity with market research, financial modeling, and performance tracking.
Proven ability to collaborate cross-functionally with other teams such as accounting, acquisitions, business development, and operations.

Technical Skills:

Advanced proficiency in financial modeling, including Excel and Argus or similar real estate software.
Strong understanding of key performance metrics and concepts such as IRR, equity multiples, cap rates, and cash-on-cash return.
Knowledge of real estate investment structures, market trends, and valuation techniques.
Familiarity with legal and regulatory requirements related to real estate investments.

Other Skills:

Excellent analytical and problem-solving skills with the ability to think strategically and provide actionable insights.
Strong written and verbal communication skills, with the ability to present complex information clearly to senior leadership and clients.
Proven ability to manage multiple projects simultaneously and meet deadlines.
Detail-oriented and self-motivated with a strong work ethic and a high level of integrity.

Portfolio Management

Asset Management

Investment Management

Underwriting

StepStone Group Real Estate LP

• 100-1500 employees

StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds, and insurance companies, as well as prominent endowments, foundations, family offices, and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private market portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt, and real estate asset classes.

Real Estate Overview: StepStone Real Estate provides investors and clients with customized exposure to private real estate through its extensive global market relationships, deep research capabilities, granular due diligence, and unusual structuring capabilities. We build this exposure through our commingled funds, customized funds, separately managed accounts, and investment advisory services. Our investment strategy is to provide liquidity solutions to private real estate funds, portfolios, and other types of real estate ownership vehicles and investors through recapitalizations and secondary investments. We execute this strategy by recapitalizing existing real estate funds and similar vehicles; acquiring equity from existing investors on a secondary basis; investing in newly formed funds; and co-investing in new acquisitions.

Learn more about this company

Login to Apply