Advisory Associate

4 weeks ago


New York, United States NNN Properties, LLC Full time
Job DescriptionJob DescriptionSTNL Advisors, a boutique commercial real estate consulting firm is hiring an Associate for its Lease Advisory Team. New team members will collaborate with clients to assess leased and owned real estate then establish and implement real estate strategies to maximize lease leverage on individual and portfolio properties. This role will review client geographics, cash flow trends, economic benchmarks, and lease standards for non-economic benefits. The role focuses on enhancing relationships between Landlords and Tenants while managing lease negotiations from LOI to full execution with the goal of reducing occupancy costs, stabilizing client profitability, increasing real estate valuation, providing sustainable leasehold obligations, and arranging cost effective exits for challenged or disputed sites. Clients include local and national tenants, franchisors, franchisees, and portfolio companies.

Responsibilities
· Review commercial real estate lease documents and scenarios and identify ways to optimize values for both tenants and landlords.
· Contribute to lease restructuring and negotiating processes through data management, analysis, and lease transaction support.
· Conduct geographic market studies, client operational updates, and industry financial/real estate research to better handicap business landscape.
· Actively engage and negotiate documents between tenants and landlords.
· Ad-hoc strategic and tactical projects to drive overall business growth.

Qualifications
· Motivated, self-starter with commercial real estate transactional experience.
· Client and Landlord/ownership facing skills extremely valuable.
· Diligent in communicating and following up with external parties to facilitate the most favorable and positive outcomes for clients
· Understanding value created within a real estate transaction and effectively communicate that value to any given portfolio clients.
· Able to work and track several real estate transactions at any given time, including monitoring documentation, negotiation and execution.
· Strong verbal and written communication skills. Comfortable making cold and warm calls to real estate ownership and brokerage groups on behalf of portfolio clients.
· Effective with time management and strong attention to detail. Ability to prioritize workload according to time sensitive projects and client specific deadlines.
· A desire to work within a fast-paced, collaborative, and entrepreneurial environment.
· Bachelor’s Degree
· 2-5+ years of related commercial real estate experience strongly preferred.
· Proficient in Microsoft Office products including Excel, Word, and PowerPoint. Intermediate to advanced excel skills highly sought.
· Concrete understanding of net leased real estate fundamentals and their effect on various asset types in multiple real estate markets.
· Strong quantitative and analytical skills to be applied to multiple, real time factors that are client specific and specific to the economic environment.

$100k - $140k DOE


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