Lease Administrator (CRE)

Cushman & WakefieldNew York, NY
1dOnsite

About The Position

Day-to-day management of Lease Administration Services for a portfolio of properties with multiple clients. Responsible for the day-to-day management of Lease Administration Services for a portfolio of properties with multiple clients. Responsible to review and analyze lease documents and abstract in database. Facilitate the process for tenant monthly charges and bill backs and ensure tenants are billed properly, working hand-in-hand with Property Managers and Client Accounting. Evaluate tenant accounts for compliance to lease terms. Manage cash security deposits and Letters of Credit Track and ensure accurate Certificates of Insurance are on file and up-to-date in database.

Requirements

  • Bachelors’ degree
  • 2-3 Years Commercial Real Estate experience
  • Excellent oral and written communication skills.
  • Strong organizational abilities and attention to detail.
  • Able to work in a fast-paced environment and under pressure.
  • Able to multi task.
  • Strong reading comprehension skills.
  • Works well as a part of a Team, while having the ability to self-start.
  • Real Estate Financial analysis experience and understanding of financial concepts.
  • Strong proficiency with MS Office Suite, including comfort with Interest based research; experience in one or more industry standard lease administration databases – particularly Yardi and/or MRI.
  • Familiarity with commercial rent rolls, tenant ledgers and arrears reports.
  • Familiarity with income budgets.
  • Knowledge of Real Estate Tax and Common Area Maintenance escalations.

Responsibilities

  • Review and analyze lease documents and abstract in database.
  • Facilitate the process for tenant monthly charges and bill backs and ensure tenants are billed properly, working hand-in-hand with Property Managers and Client Accounting.
  • Evaluate tenant accounts for compliance to lease terms.
  • Manage cash security deposits and Letters of Credit
  • Track and ensure accurate Certificates of Insurance are on file and up-to-date in database.

Benefits

  • health, vision, and dental insurance
  • flexible spending accounts
  • health savings accounts
  • retirement savings plans
  • life, and disability insurance programs
  • paid and unpaid time away from work
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