Jobe Details


Transactions Lease Administrator Posted on: 12/08/2020

Infinity Consulting Solutions, Inc
  • 7 to 9 Year(s)
  • -
  • ATLANTA-30314, GA, US

Microsoft Excel skills, Yardi

  • Job Description

    Transactions Lease Administrator

    Description

    The Transactions Lease Administrator is responsible for on-boarding new acquisitions for all regions (whether handled in-house or shadow of 3rd party on-boarding team) and coordinating material collection and review for dispositions and refinances.

    Responsibilities

    Reviews and analyzes Sellers' lease documents, all related documentation, rent rolls and due diligence materials.

    Maintains a due diligence file and checklist from initial on-boarding of the new acquisition to Closing. File includes all key lease data including but not limited to: Commencement and Expiration Dates, ROFO, ROFR, Terminations, TI Allowances, etc.

    Identifies key findings that could adversely affect the investment and recommend a solution to the
    Investment Team and Management.

    Reviews draft and final Estoppels to confirm accuracy of lease-related data, notifies Team of approval or rejection of Estoppels and maintains Estoppel Tracker for required Estoppels and percentage threshold.

    Assist in setup of new property units and square footages after review of materials and works with 3rd party offshore team for lease setup in Yardi.

    Prepares and updates internal reports for due diligence tracking of missing items and items that require further clarification, along with preparing discrepancy memos on any closing issues that need to be documented to a tenant's file after closing.

    Works closely with Investment Team, Transaction Analyst Team and various departments during due diligence until shortly after closing.

    After Closing, works with the Regional Lease Administrator and various departments to provide the "90-day download” of critical tenant information, including but not limited to: tenants expiring, options or termination notices due, rent adjustments, security deposits collected vs billed, etc.

    Assists with Rent Roll and Estoppel reviews for Dispositions and refinancing.

    Prepares various reports required for dispositions and refinancing (i.e. options, free rent, subleases, security deposits/LOCs, etc.)

    Fields requests for further information or clarification from Transaction Analyst team posed by potential buyers/lenders.

    Works on Ad-Hoc projects, as needed.

    Qualifications

    A minimum of 7+ years' experience in commercial real estate acquisitions due diligence and/or lease administration.

    Associates or bachelor's degree preferred.

    Detail oriented, analytical, strong organizational skills, proven ability to meet deadlines, works well under pressure and possess the ability to manage time efficiently and prioritize effectively.

    Advanced Microsoft Excel skills.

    Experience with Yardi, MRI and JDE are a plus.

  • Others
    Architecture & Building Interior & Design
  • No Preference
    FullTime Job
    Other
    2
  • Candidate Requirements
    -
    Bachelors
  • Walkin Information
    -
    12/4/2020
    -
Recruiter Details
Doug Klares
1350 Broadway, Suite 2205, NEW YORK-10018, NY
- 
Advertise with Us,

Size:120X120