Commercial Lease Administrator
Addison Group
Reston, VA
Expired: over a month ago
Applications are no longer accepted.
- $70,000 to $90,000 Yearly
- Full-Time
Job Description
Title: Commercial Lease Administrator
Pay: $70000 - $90000 / year
Type: Direct Hire
Process: in-person interview in-office
Location: Vienna, VA
- Position is in-office 5 days/week with potential for hybrid 2-3 days per week
Responsibilities:
- Abstract and set up all commercial Lease documents (New Leases, Amendments, Terminations, Assignments, Subleases etc.) once fully executed in MRI & Yardi.
- Prepare rent commencement letters, calculate prorated amounts and work closely with accounting to post rent commencement charges to the tenant ledger
- Manage, update and provide support to various departments regarding database accuracy
- Monitor leases to ensure critical dates are met (renewals, terminations, etc).
- Annual reconciliation of CAM, taxes and insurance
- Maintain lease terms in database and ensure accuracy for monthly billings, annual increases, collections, percentage rent calculations, etc.
- Process tenant move-in and move-outs within database
- Work closely with property accounting in preparing annual budgets
- Resolve tenant/landlord lease interpretation discrepancies
- Develop and maintain accurate records and files for all leases
- Continuous monitoring of system information for accuracy, including but not limited to, rent roll validation, square footages, aged delinquencies, etc.
- Work closely with leasing/legal personnel to update lease forms as the industry dictates
- Provide and maintain excellent customer service for both internal and external clients
Experience:
- Over 3 years of relevant experience in commercial real estate lease administration or related field such as commercial real estate accounting or property management
- Strong experience with budgeting and reconciliations
Address
Addison Group
Reston, VA
USA
Industry
Real Estate
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