Senior Lease Analyst

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.

About the role

The Senior Lease Analyst will abstract, interpret, and communicate complex commercial lease language from both standard and non-standard lease agreements for commercial real estate properties under acquisition consideration throughout the United States. The role involves entering 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.

Responsibilities

• Abstract accurate information from complex leases and related legal documents, including:
  • 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.);
  • 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 consumption by other departments.
• Coordinate and communicate critical information with the U.S. Legal Acquisitions department to meet closing deadlines.
• Work with various departments to ensure relevant data is available for reporting and action upon transaction close.
• Provide guidance to other team members regarding abstracted information.
• Assist the Associate Director, Lease Analysis with ensuring data integrity and accuracy of lease abstracts through quality assurance reviews.
• Support the development, testing, validation, and implementation of Lease Analysis forms and enhancements in the Salesforce database.
• Provide review, guidance, and approval of Post-ETL/Lease Analysis updates to ensure data accuracy, process compliance, and system integrity.

Requirements

• A Bachelor’s Degree or equivalent from a four-year college or university is preferred, or at least four years of equivalent related experience.
• At least three years of commercial lease abstraction/analysis experience OR at least five years of related experience in commercial real estate administration or paralegal field; experience in either the Landlord or Tenant sector is a plus.
• Paralegal certificate is a plus.

Schedule

• For candidates in San Diego: This position is based in our San Diego (Del Mar Heights) headquarters. Monday through Thursday are in-office for collaboration, with the opportunity to work remotely on Friday.
• For candidates outside of San Diego: This will be a remote position.

Pay

The hourly pay range for this role is $32.11 - $37.49 - $45.22. Offers near the high end are uncommon but may be considered for candidates with exceptional experience and skills.

You may be eligible for an annual discretionary bonus and an annual discretionary stock award, to be discussed during the interview process.

Benefits

• Healthcare, dental, and vision insurance for employees and eligible dependents.
• 401(k)-retirement plan with a company match of 50% up to 6% of eligible compensation.
• Other wellness, financial, and work/lifestyle-specific benefits.
• Generous PTO accrual, 12 paid holidays, and paid volunteer time.

This role is subject to enhanced compliance and disclosure requirements comparable with those of a regulated financial services organization, including conflict of interest disclosures and personal trading policies.