Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.
With $235 billion in assets under management as of September 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.
Together with over 1,050 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
The Role:
Blue Owl's Net Lease Real Estate Investment team is seeking an Analyst to join the Real Estate Due Diligence and Closing team. The ideal candidate will either have experience working as a due diligence analyst in a commercial real estate firm or working as a real estate paralegal in a mid-size to large law firm..
Since its inception, our Real Estate platform has established itself as a leader in private equity real estate, offering flexible capital solutions to investment-grade and creditworthy tenants across asset classes and geographies. We seek to provide investors with predictable current income and the potential for appreciation while focusing on limiting downside risk.
Our core Net Lease real estate strategies focus on acquiring single-tenant, free-standing properties across industrial, essential retail, and office sectors that are net-leased, long-term, to investment grade and creditworthy tenants. This combination seeks to create predictable cash flow from long-term rents, providing investors with current income, net of fees, plus appreciation and limited downside risk.
Responsibilities:
Coordinate due diligence process and deadlines across multiple deals, from the time a term sheet is signed until closing of escrow
Order third party due diligence reports such as Survey, Zoning, Environmental Phase I’s and Property Condition Assessments.
Review environmental Phase I’s and Property Condition Assessments (training will be provided)
Work with outside counsel on legal due diligence issues.
Prepare rent rolls and other schedules to attach to leases
Prepare closing settlement statement and coordinate with title company on closings
Work with internal and external insurance advisors to ensure appropriate insurance coverages are placed ahead of closing
Handle administration of entities, including the creation of organization charts
Additional projects or support to the team as needed
Qualifications:
1-2 years as a real estate due diligence analyst or as a paralegal supporting commercial real estate acquisitions and financings.
Bachelor’s degree required
An interest in building a career in the real estate field.
Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.