Asset Management Leasing Specialist

Vertical Bridge•Delray Beach, FL

11d•Onsite

About The Position

The Asset Management Leasing Specialist will be responsible for business development activities in the marketing, reviewing, analyzing, and negotiating of Vertical Bridge (VB) ground leases through its various amendment programs. Concentrating on near term ground leases.

Requirements

Minimum four-year degree required, preferably in business or other related field
Minimum three years of experience; preferably in real estate or commercial/telecommunications leasing
Minimum two years of experience producing and working with legal documents preferred
Strong negotiating skills with experience in property management
Advanced Excel competency and proficiency with other MS Office suite products
Basic understanding of financial reporting and lease rental and charges activity reporting
Strong organizational skills; with attention to detail
Strong written and oral communication skills, including the ability to present ideas and suggestions clearly and effectively
Ability to prioritize, effectively manage time, and multi-task with limited supervision and under firm deadlines
Ability to work in fast-paced, high-growth changing environment

Responsibilities

Lead negotiations for lease extensions, FTED renewals, amendments (including compound expansions), and sublease consents
Coordinate pricing for ground expansions with subtenants and proactively optimize ground leases to improve portfolio performance
Cultivate and maintain strong relationships with landowners and their representatives. Secure timely approvals and signatures for lease documents, permit applications, and landlord authorizations to support development and permitting activities
Review and abstract ground lease provisions to identify risks and opportunities. Drive ground lease optimization initiatives and revenue share reductions to enhance asset value and operational efficiency
Serve as liaison between Legal, Due Diligence, and Asset Management teams. Coordinate regular meetings with Development to evaluate ground leases flagged for potential relocation and provide transaction support across departments
Prepare and present deal decks for Investment Committee approval, incorporating strategic insights and financial impacts of proposed lease actions
Maintain and update databases tracking landlord activity, landlord contact, completed amendments, and lease optimization efforts
Mine and analyze data from company databases to drive optimization and improve business strategies
Ensure accurate and efficient execution of lease-related documents, including consents, add lands, amendments, and permit-related paperwork
Assist the Vice President of Asset Management and Director Asset Management with special projects and strategic initiatives, contributing to broader departmental goals
Support post-closing integration by aligning newly acquired assets with company standards. Monitor lease compliance and ensure all obligations, amendments, and consents are properly documented and executed