The Quest Organization
https://cdn.haleymarketing.com/templates/62493/logos/questorg-hml.png
http://www.questorg.com
http://www.questorg.com
USD
100000
YEAR
true
Lease Administrator
1384 Broadway 7th FL New York, NY 10018 US
Posted: 11/07/2022
2022-11-07
2023-04-26
Industry: Lease Administrator
Job Number: 4482
Pay Rate: 100,000
Job Description
Responsibilities:
- Responsible for the day-to-day management of Lease Administration Services for a portfolio of properties.
- 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 Accounting.
- Evaluate tenant accounts for compliance to lease terms, keep track of termination dates and options
- Manage cash security deposits and Letters of Credit
- Track and ensure accurate Certificates of Insurance are on file and up-to-date in database.
- Assist in preparation of budgets and calculate yearly real estate and operating expenses escalations
- Collect and posts payments
- Respond to auditors’ requests
- Excellent oral and written communication skills.
- Strong organizational abilities and attention to detail.
- 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 experience in one or more industry standard lease administration databases – particularly MRI.
- Familiarity with commercial rent rolls, tenant ledgers and arrears reports.
- Familiarity with income budgets.
- Knowledge of Real Estate Tax and Operating Expense escalations.