LivCor Asset Management - Any Info?

I'm curious if anyone has any insight into the assets that LivCor asset manages for Blackstone. Do they manage all multifamily assets acquired by Blackstone through their BREP funds AND assets purchased by BREIT? They say they manage 150,000 units, I'm wondering the breakdown of where those are acquired from Blackstone's perspective. 

I assume all the asset management is from the LP perspective, does anyone know how hands on these roles are in their asset management group?

4 Comments
 

Based on the most helpful WSO content, LivCor is a real estate asset management firm that specializes in multifamily properties and operates under the umbrella of Blackstone. While the specific breakdown of the 150,000 units managed by LivCor isn't detailed in the context provided, here's what can be inferred:

  • LivCor likely manages a significant portion of multifamily assets for Blackstone, considering the scale of Blackstone's real estate investments.
  • Blackstone's real estate portfolio includes a variety of funds, such as the Blackstone Real Estate Income Trust (BREIT) and global opportunistic BREP strategy. LivCor could be managing assets from both these funds, but the context does not specify the exact distribution.
  • The roles within LivCor's asset management group are likely to be hands-on, given the nature of asset management which typically involves overseeing the performance of property investments, optimizing operational efficiency, and implementing value-add strategies.

For a more detailed breakdown and insights into the hands-on nature of the roles at LivCor, it would be beneficial to look at specific job descriptions or reach out to professionals within the company. Networking with individuals in the field or accessing more detailed reports on Blackstone's asset management strategies could provide further clarity.

Sources: Blackstone buying USD18.7 BN worth of Logistics Assets from GLP in world record deal, Q&A: Building a Real Estate Investment & Development Business, Lunch & Learn -Ins and Outs of Multifamily

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Livcor has gone through a few iterations, but I believe it’s a sweatshop. Your Blackstone overlords have a tremendous thirst for data and a willingness to ask questions at all times of the day or night. At least they are polite. The asset managers have a thick playbook they execute. Could be good experience if you need experience at the expense of your personal life. 

 

Vel esse qui dignissimos tempora placeat tenetur vel. Repudiandae dicta nulla aliquam officia. Pariatur ducimus molestiae iusto iusto. Aliquid veniam voluptatem sapiente sint.

Alias cupiditate ullam quam earum corrupti odit voluptatem. Excepturi tenetur non fugit repudiandae debitis. Vel sit ducimus praesentium omnis dolores consectetur.

Modi ut odit impedit voluptatem sint et fuga. Expedita voluptatem hic nobis ratione. Nihil beatae voluptate eligendi enim autem voluptates voluptatem ut. Aut repellendus dolor incidunt repudiandae doloribus qui. Modi sed error deleniti debitis. Consectetur adipisci nulla iure qui assumenda id provident. Aliquam dolorem sit placeat veritatis autem ea vero.

Tempora officia autem sint quia excepturi. Aut adipisci sit quia assumenda dolorum dicta debitis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”