Lease Administration Associate - Abstractions
Mohr Hackett Reddick Stout & Frederic
Los Angeles, CA · Real Estate
• Abstract & review client leasing details and will gain visibility to client deliverables driving key initiatives for the client • Understand the basics of Lease Administration and will be a key player in ensuring accuracy and management of client leasing management • Ensure accurate reporting and reconciliation of information, and foster critical relationships between various individuals, teams, and our clients • Client/vendor/landlord relationship management • Review CAM and other escalations & real estate tax invoices • Review data entry, validation, and management of lease documents • Review rent variance analysis and rent payment processing • Review Subtenant account management, and billing/collections of third-party tenant rents • Continuous monitoring, tracking, and reporting of critical dates to client. • Streamlining current process and driving efficiencies • Approach client and key stakeholder interactions with a Customer First Mindset • Ensure date integrity • Set-up and maintain reminders for portfolios. • Create and conduct audit/year-end reconciliation functions along with tracking savings. • Reconcile invoices and resolve billing discrepancies; and identify any potential savings or discrepancies. • Review leases relative to pertinent lease information including free rent, prepaid rent, security deposits, etc. • Generate and distribute monthly, quarterly and/or annual client reports, ad hoc reports and conduct research related to client requests for information. • Establish and maintain relationships with both internal/external clients. • Assist in new client set-ups (when needed). • Review abstracts prepared by other team members. • Review client estoppels and provide comments on issues or errors (if applicable). • Assist in additional department related projects as requested. • Accountable for delivery of projects against expectations, including on-budget and to outlined/agreed upon specifications • Keep on top of tasks and will remain agile, as you'll often need to reorganize your time day to day, to deal with your team's changing necessities and requests. • Other duties as assigned.
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