Lease Administrator

Start Date

Immediate

Location

Dallas TX

Description

Responsible for acting as a point of contact for facilitating administrative solutions between clients’ departments such as real estate/accounting/legal and landlords/occupiers/vendors; maintaining the real estate administration database, including property abstracting, reconciling operating expenses, authorizing payments and reporting.

Responsibilities

  • Reviews and abstracts leases - processes and maintains all pertinent data in the SRS-Cresa Lease Administration real estate and transaction tracking databases
  • Monitors lease expirations and options, and collaborates with internal and external real estate managers and brokers to collectively respond to clients’ real estate needs
  • Processes simple lease renewals and terminations
  • Conducts “desk-top audits” to reconcile and process all landlord and vendor recurring and one-time payments, rent roll changes, end-of-year, Consumer Price Index or percentage rent adjustments
  • Reconciles and processes all tenant invoices for rent, operating expenses and year-end or Consumer Price Index adjustments
  • Administers subleases by reviewing the subleases for pertinent information, invoicing the subtenants, collecting sublease income, forwarding sublease income to accounts receivable, and sending out delinquent rent notices on unpaid balances
  • Facilitates estoppels, subordination, non-disturbance and attornment agreements, assignments, insurance certificates, lease renewal and termination notifications, as well as other miscellaneous real estate administration requirements
  • Generates standard and develops ad hoc reports utilizing the real estate administration database report writing software
  • Recommends and initiates procedural enhancements for the standard real estate administration process manual to more efficiently and effectively service SRS-Cresa Lease Administration clients
  • Performs other related duties as assigned

Qualifications

  • College degree helpful but not required
  • Multiple opportunities available - Entry level (training will be provided), Mid-level, Senior level for both full lease administration as well as CAM Audit only
  • Strong organizational, interpersonal and communication skills
  • Thorough working knowledge of Microsoft Word and Excel
  • Preferred one – two years of experience with Lease Administration software applications such as Harbor Flex, CoStar (Virtual Premise), ProLease, Visual Lease & Tririga
  • Database or related report writing experience preferred
  • Lives the SRS-Cresa values of integrity, respect for others, teamwork, balanced lifestyles and principled leadership

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