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Lease Administrator

New York, NY 10018

Posted: 11/07/2022 Industry: Lease Administrator Job Number: 4482 Pay Rate: 100,000

Job Description

  • 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.

Meet Your Recruiter

David Rosenblatt

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