Real Estate Investment Analyst / Associate

Business Overview

StepStone Real Estate (“SRE”) is a global property investor with $151 billion of real estate assets under advisory and $9 billion of AUM.  SRE offers customized investment solutions to institutional Limited Partners across primary fund commitments, secondaries, and co-investments.  SRE’s client relationships range from fully discretionary funds and separate accounts to non-discretionary advisory services.  SRE is a subsidiary of the StepStone Group, a global private markets firm specializing in Private Equity, Infrastructure, Private Credit and Real Estate.

Position Overview:

The Investment Associate will be based in San Francisco and will play a critical role in the underwriting and execution of new investment opportunities across of StepStone Real Estate’s investment vehicles and strategies. Key responsibilities will include but not be limited to:

Quantitative Analysis:

 - Developing complex financial models in Excel
 - Creating detailed asset-level and portfolio-level analysis from scratch
 - Preparing annual re-forecasts of existing investments

Market and Property Research:

 - Compiling and summarizing market research reports and data
 - Assembling and evaluating sales and rent comparables
 - Analyzing property operations

Presentation and Document Writing:

 - Assisting with the preparation of investment committee memoranda
 - Assisting with the preparation and review of transactional documents

Qualifications:

 - Undergraduate degree from top-tier institution
 - 1-4 years experience in a real estate investment / financial role
 - Exceptional financial modeling skills
 - Exceptional business writing skills
 - Proficient with Excel, PowerPoint, Word

Environment:

 - Fast paced, entrepreneurial atmosphere with significant opportunity for growth
 - Team oriented company where all colleagues wear many hats and help each other succeed
 - While business is the priority, colleagues are encouraged to live healthy, balanced lives

Compensation:

 - Competitive base + bonus structure, dependent on experience