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Lease Analyst

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
San Diego
 CA
Postal Code
92130
Country
United States

This job is no longer active.

Description


Realty Income, The Monthly Dividend Company®, one of four San Diego based S&P 500 companies dedicated to providing shareholders with dependable monthly income. Our company is structured as a REIT, and its monthly dividends are supported by the cash flow, encroaching 6,000 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, our company has declared almost 600 consecutive common stock monthly dividends throughout its 50-year operating history and has continually increased the dividend 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!


As Realty Income’s Lease Analyst your intuitive nature in dissecting and comprehending complex lease language will be the forefront of this role. Your strong ability to abstract, interpret, and communicate the content of standard and non-standard lease agreements will be utilized immensely. Reporting to the Manager of Lease Analysis, your detail-oriented nature will be responsible for entering the data accurately, and with cohesion. Utilizing Yardi, our Property Management software, you will be responsible for implementing agreements for properties under acquisition consideration. We are hiring two individuals for this role, and eager to see your strengths!


Your Contribution to the Team Includes:

Lease Abstraction

      • Abstract accurate information from complex leases and related legal documents.  Data will include:
      • critical dates (rent commencement, expiration, option periods, notice dates, etc.);
      • revenue information (rental, taxes, insurance, common area maintenance, management, administrative fees, etc.);
      • lease parties (landlord, tenant, guarantor, ground lessor, pilot lessor, etc.);
      • landlord obligations (maintenance, capital expenditures, tenant improvements, etc.); and
      • risk related non-financial clauses (assignment/sublease, ROFO, environmental, etc.).
      • Accurately input determinations into template for import into Yardi for audit approval and ultimate consumption by other departments.
      •  Coordinate and communicate critical information with acquisition and legal departments to ensure timely completion of abstraction to meet closing deadlines.
      • Work with various other departments including lease administration, property management, leasing and dispositions, and asset management to ensure relevant data available for reporting and action upon close of transaction.
      • Manage all changes to the abstraction template used for data transfer into Yardi.
      • Provide guidance to other department personnel regarding abstracted information as necessary.

 

What You’ll Need to be Successful

  • Bachelor’s Degree or equivalent from four-year college or university is preferred; or four plus years equivalent related experience.
  • Two years relevant experience in the commercial real estate administration industry and/or paralegal field; having worked in either the Landlord or Tenant sector a plus.
  • Paralegal certificate a plus, not required.
  • Knowledge of lease administration databases desired (Yardi).
  • Knowledge of international lease abstraction a plus.
  • Strong organizational, interpersonal and communications skills.
  • Excellent attention-to-detail skills with the ability to monitor own work and work of others for completeness and accuracy; ability to organize information and materials for others.
  • Strong oral and written communication skills and presentation abilities, including the ability to communicate complex ideas to large groups and management.
  • Excellent PC skills including Outlook, Excel and Word.

Job Function


 

Job Sector


Not specified

 

Experience


2+ to 5 years


This job is no longer active.

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