Address
Form of workBlue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With $157 billion in assets under management*, 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 and individual investors differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.
Together with over 650 experienced professionals across 10 offices globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
*As of September 30, 2023
Position Overview
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 have experience working as a paralegal in a large law firm, supporting commercial Real Estate transactions. Paralegals and candidates with large law firm experience preferred.
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 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 paralegal in a large law firm setting required, ideally supporting commercial Real Estate acquisitions and financings.
- Bachelor's degree required; Paralegal Certificate is preferred
- An interest in building a career in the legal or 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.
