Description
Are you interested in an analytical role where you can dive into a career in commercial real estate? If so, we have the perfect position for you!
Realty Income is actively seeking an Asset Management Analyst to work on our Corporate Leasing team! The Asset Management Analyst is responsible for supporting the efforts on improving client, portfolio, and property-based strategies for retail client lease renewals and investment sale opportunities. This position assesses, analyzes, evaluates, and presents lease analysis, sale analysis, and other prepared materials. They engage in ongoing learning experiences by building strong analytical foundations, reviewing opportunities throughout the lifecycle of commercial real estate properties, and coordinating transaction executions. Primarily the Asset Management Analyst provides analytical support in the management of the retail client port including corporate lease renewals and investment sale opportunities.
Who we are:
Realty Income, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from almost 12,000 real estate properties owned under long-term net lease agreements with our commercial clients. To date, the company has declared 620 consecutive common stock monthly dividends throughout its 53-year operating history and increased the dividend 114 times since Realty Income’s public listing in 1994 (NYSE: O). Additional information about the company can be obtained from the corporate website at www.realtyincome.com.
Responsibilities of the Asset Management Analyst:
- Collaborate in analyzing and evaluating properties and leases to optimize the value of real estate properties.
- Assist with the resolution of retail credit client leases, including lease renewal, request for assignment or sublease, and lease amendment.
- Evaluate client’s financial performance and review store-level financial profitability.
- Conduct market analysis to affirm re-lease strategy vs. alternative opportunities.
- Independently construct multifaceted and dynamic financial models and other ad hoc analyses to evaluate a wide range of real estate and leasing decisions across varying segments and organize findings.
- Support the Corporate Lease team in dialogue, discussions, and negotiations with existing and prospective ancillary revenue clients for purposes of growing rental revenue and adding incremental value.
- Conduct and present market research, property analysis, and client unit-level financial analysis for review and discussions with managment.
- Prepare and present Asset Management capital contribution opportunities directly to Investment Committee for final approval.
- Support the lease and investment sale negotiations process along with the preparation of LOIs as needed.
- Effectively communicate internally and externally with brokers and clients.
- Collaborate and share quantitative and qualitative information gathered during lease discussions.
- Manage the Transaction Pipeline renewal and sale projections.
We are looking for the following qualifications for the Corporate Leasing Analyst position:
- Bachelor’s degree (B.A.) from a four-year college or university, or equivalent work experience.
- 1-2 years of experience in real estate transactions, leasing, dispositions, and/or development.
- Proficient knowledge of the use and applicability of cash flows and financial analysis for real estate transactions.
- Understanding of commercial real estate and financial statements.
- Skilled with financial modeling, financial statement analysis, corporate finance, and transaction structuring.
- Ability to gain proficiency in applying rationale, fact-based business judgement and applying reasonableness in analyzing issues.
- Proficient in MS Office programs, specifically Excel, Word, and PowerPoint.
- CA Bureau of Real Estate Salesperson license (or ability to obtain within 12 months of hire).
Qualified candidates will excellent skills with:
- Verbal and written communication,
- Building and maintain solid professional relationships,
- Project management, organization, and multi-tasking,
- Project prioritizing based on importance and impact,
- Ensuring clarity on given directions, objectives, deadlines, asking questions as needed,
- Attention to detail.
The hourly rate for this role is in the range of $28.76 – $44.42. You may be eligible for an annual discretionary bonus and an annual discretionary stock award, (dependent on date of hire) to be discussed during the initial phone interview. Base salary and total compensation package determined by the candidate’s experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.
Most US based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 8.66 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time. Realty Income’s purpose is to build enduring relationships and brighter financial futures, and this starts with you!
Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. For more information click here. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact [email protected], or call 800-375-6700. An employee will respond to your message to begin the interactive process. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job.