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Lease Administrator

Lease Administrator

Company 
Bedrock Management Services LLC
Location 
US-MI-Detroit

Opportunity Details

Who We Are

Detroit-based Bedrock is a full-service real estate firm specializing in acquiring, leasing, financing, and managing commercial and residential space. Since its founding in 2011, Bedrock and its affiliates have invested more than $3.5 billion in developing more than 100 properties in downtown Detroit and Cleveland totaling more than 16 million square feet. Bedrock’s real estate portfolio consists of more than 330 office and retail tenants in Detroit’s technology-centric downtown. For more information, visit www.bedrockdetroit.com or engage with us on Twitter @BedrockDetroit and Facebook.

What You'll Do/Need

Essential Functions

  • Ensure that the rent steps are accounted for and communicated to the tenants
  • Review lease files on a periodic basis for accuracy
  • Assist with any tenant/leasing projections for budget and forecast purposes
  • Perform account reconciliations and final accounting adjustments on terminated and/or vacated tenants
  • Respond to any tenant escalation audits
  • Record termination dates on Voyager and delete tenants from records when applicable
  • Review payment schedules and lease commencement letters for new tenants and renewals, etc..
  • Review, submit and generate recurring billings monthly
  • Maintain the filing of all tenant related information
  • Update the following upon lease commencement, change or deletion: new tenant/lease master setup, lease summary, recurring billing, tenant addresses and tenant renewal updates
  • Ensure the accuracy of all tenant master and lease abstract information
  • Perform proper editing of recurring billings and submit for processing
  • Run vacancy and lease expiration reports
  • Maintain all percent rent information and bill the tenants for present rent
  • Work with staff accountant as appropriate to set up new properties
  • Respond to any tenant questions regarding billing

Job Qualifications

  • Bachelor's degree in business, accounting or equivalent experience preferred
  • Strong problem solving skills
  • A minimum of three to five years’ experience in lease administration on the landlord side of a real estate company with exposure to lease documents, escrow documents, or title documents.
  • An understanding of expense recovery methodology is a must;
  • Yardi knowledge is a plus;
  • Strong written and verbal communication skills are required as well as an attention to detail.
  • Excellent communication and organizational skills
  • Highly responsible with ability to meet deadlines with high sense of urgency
  • Ability to work well in a highly collaborative team environment

Cultural Competencies

  • Modest & Secure
  • Independently Driven
  • Intelligently Collaborative
  • Never Satisfied
  • Relentless Commitment to Service

What You'll Get

Salary and Benefits

  • Salary commensurate with experience and industry standards
  • Excellent benefits package that includes a 401(k) match, medical/dental/vision, and much more
  • Opportunities to participate in professional and personal development programs, including personal empowerment coaching, leadership training and ongoing personal growth training
  • Other incentives, contests and rewards including trips, event tickets, cash prizes and more

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