Jobs and Careers

Senior Lease Analyst

San Diego, United Statesfull_timeVerifiedPosted 27 Jan 2025

💰 $92,950/yr($64,255/yr – $92,950/yr)

About the role

Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take. Realty Income’s employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement. Realty Income is committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day. Position Overview:The Senior Lease Analyst will be responsible for abstracting, interpreting, and communicating complex commercial lease language from both standard and non-standard lease agreements for properties under acquisition consideration located in the United States. The Senior Lease Analyst will be responsible for entering the abstracted lease data into a proprietary custom Salesforce application for import into Yardi and assisting the Associate Director, Lease Analysis, with quality control and approval of lease abstractions. Key Responsibilities: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 a customized database for import into Yardi for audit approval and ultimate consumption by other departments.
Coordinate and communicate critical information with the U.S. Legal Acquisitions department to ensure timely completion of abstraction to meet closing deadlines.
Work with various other departments to ensure relevant data is available for reporting and action upon transaction close.
Manage all changes to the abstraction template used for data transfer into Yardi.
Provide guidance to other department personnel regarding abstracted information, as necessary.

Technical Trainer & Process Improvement

Coordinate ongoing development, enhancements, and testing of customized Salesforce Lease Analysis forms and templates;
Provide customized Salesforce application training and technical guidance to peers, paralegals, and vendors.

Backup Support to Associate Director, Lease Analysis

Assist the Associate Director, Lease Analysis with ensuring final data integrity and accuracy of Lease Abstracts by performing detailed review/quality control of work completed by peer(s) and/or lease abstraction vendor;
Assist the Associate Director, Lease Analysis, with developing and testing Lease Analysis forms in the Salesforce database.
Provide review, guidance, and approval of Post-ETL/Lease Analysis related updates.

Qualifications:Education and Experience

Bachelor’s degree from a four-year college or university is preferred.
Three (3+) years of commercial lease abstraction/analysis experience OR 5+ years of related experience in commercial real estate administration or paralegal field; having worked in either the Landlord or Tenant sector is a plus.
Experience in either the landlord or tenant sector is a plus.
Familiarity with international lease abstraction processes is a plus.
Paralegal certificate is a plus.

Knowledge, Skills, and Abilities