Full-Time

Analyst / Associate

Real Estate Portfolio Management

Posted on 1/10/2025

StepStone Group

StepStone Group

501-1,000 employees

Global private markets investment firm

Venture Capital
Financial Services
Real Estate

Compensation Overview

$105k - $135kAnnually

Mid, Senior

New York, NY, USA

This is a hybrid position, indicating that some in-office presence is required.

Category
Real Estate
Real Estate Finance
Real Estate Property Management
Required Skills
Market Research
Financial analysis
Risk Management
Excel/Numbers/Sheets
Financial Modeling

You match the following StepStone Group's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree in Finance, Real Estate, Business, Economics, or a related field.
  • 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.
  • 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.
  • 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.
Responsibilities
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.

StepStone Group manages a large amount of private capital, totaling over $91 billion, with around $24 billion in assets under management. The firm specializes in private markets, focusing on areas such as private equity, infrastructure, real assets, real estate, and private debt. StepStone creates tailored investment portfolios for sophisticated investors by using a disciplined research approach that combines primary investments, secondary market purchases, and co-investments. This method allows them to provide customized solutions that meet the specific needs of their clients. Unlike many competitors, StepStone emphasizes a research-driven strategy to ensure informed investment decisions. The company's goal is to deliver optimal investment outcomes for its clients by effectively managing and allocating private capital.

Company Stage

IPO

Total Funding

$8.1B

Headquarters

New York City, New York

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing interest in AI-powered real estate analytics boosts property valuation strategies.
  • Sustainable real estate investments are gaining traction with green building certifications.
  • Expansion in emerging markets offers new growth opportunities in Southeast Asia and Africa.

What critics are saying

  • Increased competition in AI-powered investment strategies from well-funded companies.
  • Potential overexposure to volatile AI and tech sectors due to recent investments.
  • Geopolitical risks in global expansion could impact StepStone's investment returns.

What makes StepStone Group unique

  • StepStone offers customized portfolios using a disciplined research-focused approach.
  • The firm integrates primaries, secondaries, and co-investments for sophisticated investors.
  • StepStone manages over $91 billion in private capital allocations globally.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

401(k) Retirement Plan

Mental Health Support

Paid Vacation

Wellness Program

INACTIVE