Associate Lease Abstraction Analyst

CoStarRichmond, VA
56dOnsite

About The Position

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate. The Role CoStar delivers real-time, verified commercial real estate data that helps clients confidently spot great opportunities and make smart choices ahead of competitors. By combining the power of CoStar’s independent research organization – the industry’s largest – with global data delivery, software, and application solutions, clients can act on opportunities with confidence. As an Associate Lease Comp Researcher, you will gain foundational experience in lease abstraction and analytics. Your primary responsibility will be to review complex lease documents, identify critical data points, and extract key lease data and terms to ensure accuracy and completeness. Prior lease abstraction experience is not required—we will provide you with comprehensive training and mentorship to help you build confidence in reading leases and understanding the terminology. Our team is here to support your growth every step of the way. Through this training and hands-on experience, you will develop a solid understanding of lease terms and real estate practices, while contributing to CoStar’s industry-leading lease data through document interpretation, critical data extraction, and accurate database entry. This position is in office Monday through Friday.

Requirements

  • Bachelor's Degree required from an accredited, not for profit University or College
  • A proven track record of commitment to prior employers
  • Academic coursework or internships related to real estate, legal studies, finance, or accounting.
  • Strong attention to detail and reading comprehension skills.
  • Ability to work in Microsoft Excel and adapt to proprietary systems.
  • Desire to grow within the commercial real estate or data analytics industries.

Nice To Haves

  • Exposure to real estate or legal documents through coursework, internships, prior employment, or research.
  • Natural curiosity, persistence, and interest in analytics.
  • Experience working within a collaborative, fast-paced environment.

Responsibilities

  • Learn to read and interpret commercial real estate lease agreements, amendments, and related documents.
  • Identify and abstract critical data points such as lease dates, rental rates, operating expenses, and tenant responsibilities.
  • Accurately input lease information into CoStar’s proprietary database, supporting our lease comp analytics.
  • Collaborate with senior team members to resolve data inconsistencies and ensure accuracy.
  • Demonstrate a willingness to learn and contribute to process improvement initiatives.
  • Maintain privacy and discretion with all data extracted from leases.

Benefits

  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
  • Life, legal, and supplementary insurance
  • Virtual and in person mental health counseling services for individuals and family
  • Commuter and parking benefits
  • 401(K) retirement plan with matching contributions
  • Employee stock purchase plan
  • Paid time off
  • Tuition reimbursement
  • On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes
  • Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Number of Employees

5,001-10,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service