Description
As a Project Coordinator with Realty Income, you will provide support to the Development team, and primarily be responsible for helping to manage and track all development and redevelopment project payables from acquisition/commencement through close-out. This includes but is not limited to reviewing pay applications, gathering the necessary documentation, tracking key dates, and processing invoices. You will work closely with the Project Manager to track and communicate important project details to various internal departments as well as provide direction to external developers, brokers, and tenants.
ESSENTIAL JOB FUNCTIONS
General
- Collect monthly draw payment packages, pay applications, invoices, and backup information for development projects.
- Gather and verify all required documents (lien releases, inspection reports, etc.) to support compliance with funds disbursement.
- Follow up with tenants, developers, contractors, and other third parties on the progress of development draws and invoices.
- Prepare proposal requests and assemble contractor and consultant contracts.
- Work closely with the Project Manager to communicate any issues with documentation and request review and approval signoffs for payables.
- Function successfully across internal departments to ensure a coordinated effort on behalf of the company.
Development
- Track and document tasks, dates, status, and correspondence for multiple projects.
- Enter draw payment requests and invoice data in Yardi.
- Communicate status, timing, and updates to related parties for all payments (wires, checks).
- Set up new jobs and cost budgets into Yardi.
- Coordinate third-party construction site monitoring and inspections, including initial proposals, file sharing, and site inspection report review.
- Engage third-party vendor for ADA Survey upon substantial completion of construction; review with the Director of Construction.
- Coordinate the gathering of project close-out documentation and files.
- Communicate with tenants, developers, general contractors, brokers, and other third parties, as appropriate, to ensure development contracts and lease provisions are adhered to.
- Request Certificates of Insurance (COIs) from developers, and general contractors and review against contract requirements. Request COIs from tenants and send them to legal for review.
Administrative
- Schedule calls, provide agendas, and take meeting minutes for internal and external meetings.
- Maintain and distribute development files in a current and organized fashion.
- Document internal processes and procedures.
- Assemble Transaction Checklists to alert internal parties of project status.
- Initiate new vendor and Wire Payee setup.
- Ensure all development files and close-out documentation are uploaded to SharePoint.
WHAT WE NEED FROM YOU:
- S. or B.A. from a nationally established institution.
- 2+ years of experience in commercial real estate, with a strong preference in construction management and/or owner side of real estate development.
- Knowledge of title and legal documents, including Leases, Development Agreements, Project Management Agreements, PSAs, REAs, CCRs, ALTA Land surveys, zoning.
WHAT YOU WILL GET IN RETURN:
The base salary for this role is in the range of $53,730 – $95,349. 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 12 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, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index®. Our purpose is to build enduring relationships and brighter financial futures. For more than five decades, we have invested 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 over 12,200 real estate properties owned under long-term net lease agreements with commercial clients. To date, the company has declared 634 consecutive common stock monthly dividends throughout its 54-year operating history and increased the dividend 120 times since Realty Income’s public listing in 1994 (NYSE: O). Our company attracts individuals who value integrity, perseverance, and teamwork. If you appreciate working in a professional environment that rewards employees based on merit and values a work-life balance, make sure to apply today!
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.