What are the responsibilities and job description for the Real Estate Asset Management, Analyst position at Blue Owl LLC?
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
This role is in office Monday to Thursday / Friday.
The Role :
Since its inception, Blue Owl's 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.
The Analyst, Asset Management's role is to assist in preserving and generating asset value while also creating operational efficiency through multiple responsibilities, including asset operational performance, tenant relations, and development.
Responsibilities :
- Support the asset management function by monitoring property performance, coordinating with tenants and property managers, and assisting with capital expenditure decisions.
- Assist in the annual budget review and approval process for an assigned portfolio, along with monitoring performance against the budget.
- Assist in managing build-to-suit development projects alongside third-party owner's rep which includes the draw / funding process, oversight of the project schedule, budget and spending review, and risk mitigation.
- Coordinate with consultants related to real estate tax appeals.
- Build and maintain strong relationships with various stakeholders, including property managers, tenants, consultants, and external partners.
- Assist in reviewing and analyzing tenant requests against commercial lease requirements.
- Respond to tenant requests such as subletting, capital expenditures, permits, alterations, etc.
- Assist in preparing information to respond to questions from groups of executives, investors, lenders, and partners.
Qualifications :
It is expected that the base annual salary range for this Chicago based position will be $95,000 to $100,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
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.
Salary : $95,000 - $100,000
