Commercial Lease Analyst

4 weeks ago


New York, United States Trandon Associates, Inc Full time
Job DescriptionJob Description

Real estate firm is currently seeking a Commercial Lease Analyst to join their team.

ESSENTIAL POSITION DUTIES

  1. Abstract/Interpret/Summarize commercial and retail leases. Input into Property Management Database.
  2. Work with Leasing Agents, Legal Department, and Construction and Operations Team on all lease related issues.
  3. Review and maintain tenant letters of credit. Track expirations. Prepare draw down requests.
  4. Work with Property Analysts and Accountants to verify and bill RE Taxes, CPI, Porter Wage, Operating Expenses, Utility, Fuel Adjustment escalations and Electric survey pass-thru billings. Ensuring proper abstract of documents to facilitate straight lining of rent.
  5. Compile and Analyze monthly and quarterly Lease information and Statistics for use in Company Supplemental Information Package.
  6. Assist in Income Budgeting and Team Presentations.
  7. Prepare Tenant’s accounts for monthly billing and run rent statements for distribution.
  8. Respond to billing and lease inquiries from tenants and other departments within the company. Address and investigate issues of accuracy in billing. Prepare any necessary rent adjustment memos.
  9. Assist in due diligence for newly acquired properties. Review and abstract leases for newly acquired properties. Prepare any required tenant notification correspondence.
  10. Assist in preparation of information, documents and contract exhibits for properties marketed for sale or refinance (including tenant estoppels).
  11. Assist in creating customized reports generated through property management database.

SKILLS, ATTITUDE AND EXPERIENCE

Four (4) years of real estate-related experience. Proficient in MSWord, Excel, with the skills necessary to prepare reports, graphs and charts in presentation format. Detail-oriented. Strong verbal and written communications skills and possess the ability to organize and prioritize work. Professional demeanor. Persistent in follow-up. Energetic and enthusiastic team player. Ability to handle multiple projects simultaneously. Property Management Software knowledge required.



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