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Analyst / Associate - Real Estate Portfolio Management

StepStone Group
Bodega, CA Full Time
POSTED ON 2/9/2025
AVAILABLE BEFORE 5/2/2025

Job Description

Job Description

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world's investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

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.
  • Salary Range - $105,000 - $135,000

    The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

    About us

    Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.

    Join us

    When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.

    StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

    Benefits

    We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

    Disclaimer / Policy Statements

    At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.

    As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

    Developing People at StepStone

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    Salary : $105,000 - $135,000

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