Internship
US-IL-Chicago
Job ID 2019-1385
Category Asset Mgmt / Portfolio Mgmt
This internship is designed for current college students, undergraduate or graduate ideally seeking a career in valuations and portfolio management. Participation in the program is intended to provide a well-rounded knowledge of valuations and valuable skills, earned by working alongside talented professionals who support the Blackstone real estate portfolio.
As our Valuations & Portfolio Management Intern, one is held accountable to, however not limited to, learning the following job responsibilities:
Assist in the preparation of monthly and/or quarterly property valuation models and portfolio analytics for various asset classes
Assist in reviewing third-party reports, loan documents, commission appraisals, market studies and other pertinent real estate documents with the goal of abstracting relevant and actionable data for valuations
Support activities related to third party appraisal and review process
Assist in preparation of portfolio analytics summaries and property-level performance reporting to Blackstone and portfolio company management teams
Perform special adhoc projects, reporting and analysis as needed
REQUIRED QUALIFICATIONS:
2019 and 2020 graduates at an accredited four-year university pursuing a degree in accounting, finance and/or commercial real estate fields
3.5 or above GPA
REQUIRED SKILLS:
Desire to work in real estate industry
Strong work ethic
Ability to organize, prioritize and multi-task in a fast-paced environment
High degree of integrity
Positive attitude and willingness to learn
PREFERRED QUALIFICATIONS:
Prior internship experience specific to valuations & portfolio management
Revantage Corporate Services (“Revantage”) is a newly-formed organization providing key business services to real estate portfolio companies of the alternative investment firm, The Blackstone Group. Headquartered in Chicago, Illinois, Revantage is a fully-integrated corporate services platform set up to deliver best-in-class services which include accounting, tax, treasury, legal, risk management, technology, valuations, and human resource capabilities, to a diverse real estate portfolio comprised of multi-family (LivCor), commercial office (EQ Office), hospitality (BRE Hotels and Resorts), industrial (Gateway Industrial Properties) , manufactured housing, retail (ShopCore) and senior living assets (Longview).
Revantage is a forward-thinking company with a highly skilled employee base and a strong commitment to sustainability. Culturally, its professionals are innovative, focused on future trends and requirements, and committed to providing the highest level of service and value. Revantage’s primary objective is to provide efficient, scalable, best-in-class corporate services to Blackstone Real Estate, as well as support the operating business of each portfolio company. Revantage’s vision is “Partnering in possibilities to unlock our greatest potential, together.” Integral to the vision are several values or practices, such as lead with needs, better every day, innovation is a mindset, feedback loop, one team and co-ownership.
Blackstone is a global leader in real estate investing. Founded in 1991, the company manages approximately $420 billion in assets, including $120 billion in real estate investments with properties located across the U.S., Europe, Asia and Latin America. Major holdings include Willis Tower, The Cosmopolitan Hotel, Invitation Homes (single family homes), Stuytown (New York City), Thompson Reuters Corp., and prime retail and office buildings in the world’s major cities. Blackstone real estate also operates one of the leading real estate finance platforms, including management of the publicly traded Blackstone Mortgage Trust.
BenU Undergrad Business 