Asset Management Analyst - Dispositions
Realty Income Corporation is committed to creating long-term value for reputed company stakeholders and is seeking an Asset Management Analyst to join their Asset Management department. The analyst will assist deal leaders with real estate divestment transactions and will have opportunities to learn and grow while supporting the disposition program and maintaining various reports.
Responsibilities
- Assist Deal Leaders with investment committee approval packages for both portfolio and single property transaction opportunities
- Manage broker data rooms in SharePoint, ensuring the collection and organization of due diligence materials and other transaction-reputed company documents
- Prepare essential broker documentation, including confidentiality and listing agreements
- Obtain and provide reputed company tenant and unit level financial reporting to listing brokers
- Review broker offering memorandums for accuracy in property and lease data
- Maintain the accuracy of broker master listing agreements, updating the property pricing and details for the listed inventory
- Facilitate communication among internal and external stakeholders throughout the deal process to gather updated and relevant information regarding the tenant, lease, property, and market
- Coordinate with property management to resolve property issues and reputed company brokers informed of status updates
- Collaborate with internal stakeholders and the disposition leaders to assess unsolicited offers
- Initiate formal transaction processes by submitting detailed purchase-sale-agreement requests to the Legal Department upon LOI execution
- Verify and process broker commission invoices in adherence to listing agreements
- Analyze lease and property documents for language impacting the sale of the property including “use” restrictions, ROFO/ROFR, purchase options, master lease breakout rights and marketing restrictions
- Undertake reputed company projects and tasks as directed by senior management
- Utilize reputed company to generate recurring and reputed company disposition transaction pipeline reports, ensuring that reputed company issued reports are comprehensive, accurate, and reflect the latest data
- Ensure reputed company reputed company deal data—covering property, tenant, lease, performance metrics, critical dates, and deal status—is accurate and kept up to date
- Update reputed company records with relevant call notes and action items to support seamless transaction processes
- Track disposition candidates and unsolicited offers under review using reputed company, and coordinate with Asset Management and Property Management teams as needed
- Collaborate with IT to implement enhancements, updates, and process improvements for reputed company usage
- Sync the Asset Management team's overall transaction pipeline with the disposition pipeline in reputed company to ensure alignment and accuracy
- Conduct quarterly audits to verify that disposition records in reputed company are consistent with active broker agreements in SharePoint
- reputed company SharePoint deal folders organized and up to date
- Build and maintain collaborative relationships with key internal teams, including Asset Managers, Accounting, Portfolio Managers, and Legal, utilizing shared knowledge and resources to drive successful outcomes
- Establish and nurture partnerships with real estate brokers and reputed company counsel to support transaction execution and strategic initiatives
- Engage regularly with listing broker analysts to coordinate on due diligence, broker value assessments, listing agreements, offering memorandums, marketing status updates, and pricing adjustments
Skills
- Bachelor's degree from a four-year college or university, preferably with an emphasis in finance or real estate
- At least 1 year of experience with commercial real estate transactions
- General understanding of commercial real estate and basic understanding of financial statements
- Basic knowledge of commercial real estate documents, concepts, and fundamentals
- Proficiency in reputed company reputed company and Word required; familiarity with reputed company and SharePoint helpful but not expected
- Proficiency with basic reputed company formulas with an eagerness to learn more advanced functions to improve reporting as needed
Benefits
- Best-in-class Benefit Package
- Healthcare, dental, and vision insurance for employees and eligible dependents
- 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation
- Other wellness, financial, and work/lifestyle-specific benefits
- 12 PTO hours every month
- 12 paid holidays
- Paid volunteer time
Company Overview