Full Job Description
The Commercial Management Associate supports the execution of strategies and programs that assist the Company in the management of mixed-used communities where Greystar acts as the property management company of both the residential and commercial components.
This position requires at least 5-10 years of Commercial Property Management and/or Commercial Lease Administration Experience specifically in analyzing commercial leases and performing year-end CAM reconciliations.
JOB DESCRIPTION
- Assists local real estate leaders and management teams in interpreting tenant leases and landlord contractual obligations.
- Acts as a resource for local management teams by providing guidance on handling concerns as it relates to lease specifications.
- Generates lease abstracts outlining all key financial, business and legal information that exists in the commercial real estate lease and communicates all unusual lease provisions, financial obligations and other pertinent information.
- Assists local management teams with operating budget preparation by reviewing income assumptions for both accuracy and soundness in mechanics and strategy.
- Assists local management teams with calculating annual CAM reconciliations and tracking of percentage rent.
- Reviews management software systems for accuracy of key components such as the rent roll to ensure correct square footages and rents. Establishes the commercial pro-rata share for expense allocation.
- Creates virtual training sessions to ensure local management teams understand key lease abstract information as well as lease language.
- Works closely with local management teams to prepare default notices for tenants that are in default per the specific lease terms.
- Assists with new business pursuits where possible on mixed-use projects.
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
Job Type: Full-time
Pay: $80,000.00 - $85,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Schedule:
Experience:
- Commercial Property Mgmt or Commercial Lease Administration: 5 years (Required)
Work Location: Remote
Hiring Insights
Hiring 1 candidate for this role
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