Sr Manager, Commerical Real Estate Administration - Washington, DC

Greystar Management Services•Arlington, VA

11d•$115,000 - $135,000

About The Position

The Senior Manager, Commercial Real Estate Administration, manages the execution of strategies and programs that assist the Company in the management of mixed-use communities where Greystar acts as the property management company of both the residential and commercial components.

Responsibilities

Assists local real estate leaders and management teams in interpreting tenant leases and landlord contractual obligations.
Acts as a resource for local management teams by providing guidance on handling concerns as it relates to lease specifications.
Generates lease abstracts outlining all key financial, business and legal information that exists in the commercial real estate lease and communicates all unusual lease provisions, financial obligations and other pertinent information.
Assists local management teams with operating budget preparation by reviewing income assumptions for both accuracy and soundness in mechanics and strategy.
Assists local management teams with calculating annual CAM reconciliations and tracking of percentage rent.
Reviews management software systems for accuracy of key components such as the rent roll to ensure correct square footages and rents. Establishes the commercial pro-rata share for expense allocation.
Creates and conducts virtual training sessions to ensure local management teams understand key lease abstract information as well as lease language.
Assists with new business pursuits where possible on mixed-use projects.
Works closely with other departments in the development of various system platforms that support commercial management activities/requirements.
Generates and maintains training tools for mixed-use property operators to include both written and video formats. Conducts general purpose virtual training sessions with mixed-use operators on a periodic basis.

Benefits

Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service!
Additional vacation accrued with tenure.
For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
Charitable giving program and benefits.