Job Description
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Vice President, Real Estate Asset Management Team
Chicago, IL
Full Time

Blue 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
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.
Responsibilities:

• Develop process to track and organize outstanding tenant reimbursables and tenant deliveries. Work with accounting teams on an ongoing basis to confirm tenant reimbursables are received.
• Develop internal processes to ensure tenants meet their obligations under their leases.
• Oversee staff's response to tenant requests such as requests for subletting and alterations.
• Oversee staff's handling of property-related notices from 3rd parties and municipalities.
• Manage collection of tenant financials on a monthly, quarterly, or annual basis.
• Manage collection of tenant insurance certificates. Manage external risk management to ensure all insurance requirements under leases and loan agreements are met.
• Manage team's collection of real estate tax payments.
• Liaise with tenants to ensure required repairs are completed.
• Other ad hoc duties.

Qualifications:

• 8 years of experience in working property management, tenant relations, lease administration or asset management. In lieu of experience,
• Prior supervisory experience required.
• Detail-oriented with the ability to balance competing priorities.
• Strong verbal, written communication, and interpersonal skills

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.