Asset Management Analyst - Phoenix, United States - Realty Income

Realty Income
Realty Income
Verified Company
Phoenix, United States

1 hour ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter


Description

Are highly motivated and knowledgeable with a passion for commercial real estate?

Join our team and unleash your negotiation prowess, communication finesse, and problem-solving skills in an environment that values integrity, customer service, and adaptability


Realty Income is seeking an
Asset Management Analyst to provide support in the execution of property/tenant renewal, investment, divestment, and value-add transactions.

This position functions efficiently and effectively in a professional environment and routinely handles highly critical, confidential, and sensitive materials.

They collaborate with various internal and external teams in evaluating properties and tenants to optimize the value of real estate properties within Realty Income's portfolio.


Responsibilities of the Asset Management Analyst:

  • Assist with resolution of vacant and to-be-vacant single and multi-tenant properties.
  • Analyze market and trade area, zoning, property taxes, demographics, easements and use restriction considerations for vacant properties.
  • Conduct market and financial analysis on release versus disposition scenarios.
  • Communicate with external brokers for lease and/or sale negotiations.
  • Track and communicate lease statuses of future closings or potential redevelopment.
  • Draft and prepare letters of intent ("LOIs") for release and sale opportunities.
  • Draft release and sale approval memorandums.
  • Create market maps and aerials, disposition memorandums, and market research summaries.
  • Prepare quantitative metric comparative analysis in excel.
  • Work closely with other departments within the company, mainly Legal, Development and Property Management, to ensure property values are being optimized.
  • Negotiate lease and purchase offers.
  • Process and verify broker commission invoices.
  • Maintain robust transaction pipeline and uptodate projections.
  • Create, update, and maintain regional portfolio trackers including but not limited to property data, projections, sale and lease transactions, and critical dates.
  • Validate and reconcile metrics for various reporting requirements.
  • Respond to tenant, broker, and outside inquiries.
  • Review, analyze, and evaluate noncredit tenant requests including lease renewal, request for assignment or sublease, lease amendment, and default for single and multitenant properties to formulate and present strategic recommendations.
  • Verify compliance with rent, tax, insurance, and property management requirements.
  • Conduct market and financial analysis to affirm release strategy versus alternative options.
  • Review and assess tenant and propertylevel financial performance, including credit checks, financials, etc.
  • Prepare and deliver instructive, detailed amendment and lease requests to support transactions

What we need from you:


  • 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.
  • Ability to be flexible with changing priorities and managing multiple projects at a time.
  • Skilled with financial modeling, financial statement analysis, corporate finance, and transaction structuring.
  • Verbal and written communication,
  • Building and maintain solid professional relationships,
  • Project management, organization, and multitasking,
  • Project prioritizing based on importance and impact,
  • Ensuring clarity on given directions, objectives, deadlines, asking questions as needed,
  • MS Office programs, specifically Excel, Word and PowerPoint,
  • Attention to detail.

What you will get in return:

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 real estate investment trust ("REIT"), and its monthly dividends are supported by the cash flow from over 15,000 real estate properties primarily owned under long-term net lease agreements with commercial clients.

Realty Income has declared over 645 consecutive monthly dividends on its shares of common stock throughout its 54-year operating history and increased the dividend over 120 times since Realty Income's public listing in 1994 (


NYSE:
O).

  • Our purpose is_ _to build enduring relationships and brighter financial futures.

Among other benefits our employees enjoy:
_

  • Competitive Salary including potential for bonus and stock awards.
  • Bestinclass Benefit Package
  • Collaborative, teamoriented environment
  • Opportunities for Continuing Professional Development
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 Inc

More jobs from Realty Income