About this role
About this role
Business Unit Overview:
BlackRock Real Estate currently manages nearly $20 billion invested in direct properties within the United States, Europe and APAC. The Real Estate Equity business invests across a broad array of investment strategies including core, value-add and opportunistic, through separate accounts and commingled funds. Our extensive experience encompasses all major property types including residential, industrial, retail, and office.
Role Overview:
BlackRock Real Estate Investment Management is seeking an Associate based in Newport Beach to support portfolio management, client reporting, and investment analysis. This execution-oriented role will be responsible for conducting financial analysis, preparing client reporting materials, and supporting underwriting and asset-level decision-making across the portfolio.
Key Responsibilities:
Client Reporting & Portfolio Analytics Support the preparation of monthly, quarterly, and ad hoc portfolio reports, including operational performance, returns, and attribution analysisPrepare quarterly property summaries covering leasing activity, operations, capital projects, and market conditionsMaintain and enhance internal databases, reporting models, and portfolio tracking toolsRespond to data and analysis requests from clients, portfolio managers, and senior leadership
Financial Analysis & Asset-Level Support Build and maintain property-level cash flow and return models using Excel and ARGUSAssist in the review of operating budgets and the development of business plansEvaluate capital projects and renovation programs, including return on cost and ROI analysisReview financial statements, capital calls, and distribution requests in partnership with accounting teamsMonitor market trends and key performance drivers affecting asset performance
Leasing, Operations & Asset Management Support Review lease proposal analyses, including tenant credit and valuation implicationsMonitor property performance against underwriting assumptions and budget expectationsSupport the evaluation of operational initiatives and asset-level business strategies
Investment & Transaction Support Support acquisition and disposition underwriting through financial modeling and analysisPrepare investment committee materials, memoranda, and supporting analysesAssist with due diligence and transaction execution, including data organization and analysis
Team & Platform Support Contribute to process improvements across reporting, analytics, and portfolio management workflowsParticipate in special projects and ad hoc analyses as neededPartner closely with internal teams, including investments, accounting, and valuations, as well as external partners
Qualifications Bachelor's degree in finance, Real Estate, or a related field1-4 years of relevant experience; internships may be considered for Analyst-level candidatesStrong financial modeling, analytical, and Excel skillsFamiliarity with ARGUS and PowerPoint preferredFoundational understanding of accounting, debt structures, and capital marketsHighly organized, detail-oriented, and able to manage multiple priorities in a fast-paced environmentStrong written and verbal communication skillsCollaborative team player with the ability to work effectively across functions and stakeholdersDemonstrated ownership, sound judgment, and a strong execution mindset
For Newport Beach, CA Only the salary range for this position is USD$115,000.00 - USD$155,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC's Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.
We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.