Associate / Senior Associate - Real Estate Investments
StepStone Group
| Company | StepStone Group |
| Category | Uncategorised |
| Location | Chicago |
| Remote | On-site (inferred) |
| Employment | Not stated |
| Level | Senior |
| Salary | Not stated by the employer |
| Posted | 12 May 2026 |
| Last verified | 11 Aug 2026 |
| Source | Employer ATS (greenhouse) |
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. Real Estate Private Equity Associate / Sr. Associate Role Overview
StepStone is currently seeking candidates with excellent quantitative, qualitative, and interpersonal skills for an Associate / Senior Associate position on StepStone’s Real Estate Investment Team. The primary role is to assist in the identification, evaluation, due diligence, and execution of real estate investments across geographies and asset classes. The Associate/Sr. Associate will work in a team environment with other team members to source, underwrite, and diligence new investment opportunities, negotiate acquisition terms, manage existing assets, and conduct asset dispositions. The Associate/Sr. Associate will have the opportunity to present recommendations, with the investment team, to the Real Estate Investment Committee.
StepStone prides itself on the Firm’s collegial atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects. The Associate/Sr. Associate will have exposure to all levels of the Firm, from Partners to fellow Associates/Sr. Associates, on a daily basis.
The ideal candidate will possess a bachelor’s degree and a background in real estate private equity/credit, investment banking, or other real estate- or finance-related industries. The Associate/Sr. Associate will adhere to the highest ethical standards, as well as demonstrate maturity, reliability, and attention to detail.
Essential Job Functions:
Identify, source, and evaluate high-potential acquisition opportunities across various real estate asset classes (residential, commercial, industrial, mixed-use, etc.), geographies, and risk-spectrums
Participate and lead in the underwriting and due diligence process for potential acquisitions, including financial analysis, structuring, market research, site visits, and document review
Perform financial modeling and sensitivity analysis related to investment opportunities
Prepare for and participate in meetings with managers and investors and conduct on-going due diligence
Form an independent opinion about the attractiveness of a sector or investment opportunity
Construct an argument around an opinion and efficiently communicate that argument both verbally and in written materials; be able to defend position in a team environment, including Investment Committee meetings
Draft investment memorandums and presentations related to acquisition opportunities
Assist with asset management duties, including financial analysis and investor reporting for existing investments
Support the fundraising process, including creating fundraising presentation materials and coordinating historical fund- and asset-level performance analysis
Develop and maintain a network of key relationships, including brokers, developers, institutional investors, and financial partners
Bring investments through the investment committee process, presenting acquisition opportunities and providing insights and recommendations
Education and/or Work Experience Requirements:
4+ years of experience in real estate private equity/credit, investment banking, or related real estate finance field
BA/BS in Business, Finance, Economics, Accounting, Real Estate, or related field
Extensive experience in real estate acquisitions, including a proven track record of successfully identifying and closing investment opportunities
Takes pride of ownership in work, and work ethic
Ability to represent the Firm credibly in written and interpersonal communications
Demonstrable analytical capabilities, includi