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.
We are looking to hire an experienced commercial real estate Construction Manager to support our diverse portfolio of real estate properties. This position is an integral team member to oversee, coordinate, and execute multiple capital construction projects while partnering with internal and external resources to ensure projects are completed within budget and time constraints.
Construction Management Responsibilities:
- Review project scopes, assemble proposals, and participate in vendor selection decisions.
- Coordinate inspections, repairs and capital construction work pursuant to leases with landlord obligations.
- Track critical tasks and dates, project status, and progress along with contacts and correspondence.
- Create/, update, manager and oversee all project related tracking and close-out documentation including work orders, change orders, and remittance of invoices.
- Participate in ongoing discussions with property managers, contractors, consultants, and required third parties to ensure minimal tenant disruption.
- Support Property Management teams with scope analysis, vendor selection and resource allocation.
General and Administrative Responsibilities:
- Manage capital construction projects and pipeline and respective due dates to ensure timely completion.
- Coordinate with Property Management teams from budgeting preparation to project closeout, including reviewing and approving all related invoices and supporting documentation.
- Develop and enhance relationships with internal and external stakeholders and help
- to identify best practices.
- Ensure cost effectiveness through vendor selectivity and expense controls for capital construction projects and maintenance/repair programs.
- Actively manage simultaneous projects and programs, including coordinating with clients, managers and partners.
- Analyze data and summarize into actionable insights that will guide program decisions.
- Provide forecasting estimates and assist in the preparation of the annual operating and capital budgets.
- Preserve detailed records in Yardi.
- Identify opportunities to improve internal processes and communication within construction projects and maintenance programs.
- Implement quality control measures to ensure vendors adhere to minimum standards, company policies, and contract requirements.
- Create/manage project timelines and communicate updates to key stakeholders.
- Procure and execute contractor agreements.
- Schedule calls and provide agendas for internal and external meetings.
- Receive, code, review, approve, and ensure accuracy of Program invoices.
- Opportunities to work on ad-hoc projects and other duties not assigned.
What we need from you:
- It is expected a qualified candidate will have a bachelor’s degree in construction management, architecture, engineering or a related field; plus, a minimum of 3 years related work experience.
- Experience working in capital construction and building improvement in the commercial real estate sector.
- Must be able to manage a team both directly and indirectly on multiple projects.
- Experience working for a principal real estate investment company, or REIT is preferred.
- Direct experience or ability to understand complex construction/development matters.
- Solid grasp of quantitative data.
- Excellent PC skills including Outlook, Teams, Word, Excel and PowerPoint.
- Existing knowledge of, or aptitude to learn, Yardi software.
- Self-motivated with the ability to execute in ambiguous situations, take the lead without explicit instructions, effectively use resources.
- Highly organized, strong analytical skills, and ability to multi-task in a high-paced environment.
- Demonstrated ability to prioritize multiple projects and tasks.
- Demonstrates utmost attention to detail.
- Strong oral and written communication skills and presentation abilities.
- Strong interpersonal skills including the ability to establish rapport with various professionals via phone and e-mail.
What You’ll get in Return:
Realty Income, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,000 real estate properties primarily owned under long-term net lease agreements with commercial clients. Realty Income has declared over 640 consecutive monthly dividends on its shares of common stock throughout its 55-year operating history and increased the dividend over 120 times since Realty Income’s public listing in 1994 (NYSE: O).
Our purpose is to build enduring relationships and brighter financial futures. Among other benefits our employees enjoy:
- Competitive Salary including potential for bonus and stock awards.
- Best-in-class Benefit Package
- Collaborative, team-oriented environment
- Opportunities for Continuing Professional Development
The base salary for this role is in the range of ($79,594 - $142,407). You may be eligible for an annual discretionary bonus and an annual discretionary stock award, (dependent on date of hire) to be discussed during the initial phone interview. Base salary and total compensation package determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data. Realty Income will be accepting application for this role until October 21, 2024. Should the company deem necessary, the application deadline may be extended without further notice. To apply please click the “Apply” button.
Most US based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 12 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time. Realty Income’s purpose is to build enduring relationships and brighter financial futures, and this starts with you!
