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Real Estate Lease Administrator

North Chicago, IL 60064

Posted: 02/09/2024 Job Number: 26298319 Pay Rate: 40.0-46.43 USD/Hour

Job Description

REAL ESTATE LEASE ADMINISTRATOR
NORTH CHICAGO, IL
Hybrid.
The pay ranges between $40 - $46.43 per hour.

Project Description:
  • Work within the Real Estate Services Department to provide oversight of lease administration processes / external service provider.
  • Team with internal and external partners to ensure integrity of real estate portfolio data, timely and accurate rent payments, collections, and reports.
  • Working knowledge of commercial lease provisions, processes, and ability to navigate / connect with stakeholders.
  • Interface with Lease Administration Service Provider.
    • Review / oversee timely and accurate monthly payment of U.S. Rents, including variance reports and approval and payment process.
    • Provide guidance / direction for resolution of rent issues.
    • Oversee the abstraction and lease translation process.
    • Monitor collection of tenant improvement allowances and the return of security deposits / letters of credit.
    • Oversee and manage the lease audit process.
    • Ensuring the timely response of Tenant Estoppels, SNDA and other legal documents in compliance with the Lease.
    • Coordinate quarterly performance reviews with service provider and internal team.
    • Maintain and update and prepare performance reports for KPI scoring of service provider.
    • Perform internal periodic lease audits to validate data accuracy.
  • Critical Date Management.
    • Generate periodic critical date reports, scheduling team calls and overseeing real estate service provider facilitating the review meetings.
  • Data Management.
    • Perform weekly upload to ensure project management database aligns with lease administration database.
    • Respond to internal or external partners to ensure accuracy of real estate portfolio.
    • Work closely with real estate portfolio managers on data accuracy and documentation.
  • Administrative.
    • Oversee and ensure completeness of document distribution to internal stakeholders.
    • Pursue missing documentation in conjunction with portfolio managers.
    • Process departmental invoices.
  • Interface with other internal departments including but not limited to: tax, legal, accounting, finance and engineering.
  • Complete other projects and office tasks as assigned.

Required Skills:
  • Bachelor's degree preferred.
  • Minimum of five (5) years' experience in the commercial real estate industry.
  • Knowledge of commercial leases / contracts and real estate terms.
  • Experience with lease administration software.
  • Proficiency in Word, Excel, PowerPoint, and Outlook - speed and quality of work is imperative.
  • Detail orientated with strong organizational skills.
  • Ability to prioritize and work independently.
  • Customer Service Focused.
  • Good Time Management Skills.
  • Good Oral and Written Communication Skills.

This 6+ month position starts ASAP.

Please E-MAIL your resume (attachment to email) with rate and availability to Rose: Rose@alphaconsulting.Com

ALPHA'S REQUIREMENT #24-00211
MUST BE ELIGIBLE TO WORK IN THE U.S. AS AN HOURLY W2 EMPLOYEE
#LI-DNI

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Rose Minchello

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