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Realty Income Corporation · 1 day ago

Asset Management Analyst - Dispositions

Del Mar, CA

Full-time

Hybrid

Entry Level

$29.60/hr - $42.57/hr

1+ years exp

Realty Income Corporation is a globally recognized leader in the S&P 100, dedicated to creating long-term value for stakeholders. They are seeking an Asset Management Analyst to assist in real estate divestment transactions and support the disposition program while collaborating with experienced colleagues.

Financial ServicesReal EstateReal Estate Investment

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-related documents

Prepare essential broker documentation, including confidentiality and listing agreements

Obtain and provide current 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 keep 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 ad hoc projects and tasks as directed by senior management

Utilize Salesforce to generate recurring and ad hoc disposition transaction pipeline reports, ensuring that all issued reports are comprehensive, accurate, and reflect the latest data

Ensure all Salesforce deal data—covering property, tenant, lease, performance metrics, critical dates, and deal status—is accurate and kept up to date

Update Salesforce records with relevant call notes and action items to support seamless transaction processes

Track disposition candidates and unsolicited offers under review using Salesforce, and coordinate with Asset Management and Property Management teams as needed

Collaborate with IT to implement enhancements, updates, and process improvements for Salesforce usage

Sync the Asset Management team's overall transaction pipeline with the disposition pipeline in Salesforce to ensure alignment and accuracy

Conduct quarterly audits to verify that disposition records in Salesforce are consistent with active broker agreements in SharePoint

Keep 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 outside 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