Commercial Real Estate Lease & Operations Associate

Greystar; Alabama; On-site; USD 75,000 - 80,000; Full time

Benefits offered by this job

Medical, Dental, Vision insurance

Paid time off and holidays

Onsite housing discount

6-Week Sabbatical after 10 years

401(k) with company match

Parental Leave and fertility benefit

Job summary

Greystar is seeking a seasoned property professional to support management of mixed-use communities where we act as the property manager for both residential and commercial components.

The role focuses on interpreting leases, preparing abstracts, budgeting, and CAM reconciliations while coordinating with local teams to ensure accurate financials and lease language. Onsite positions offer robust benefits and long-term growth opportunities.

Qualifications

• Minimum of 5 years of commercial property management and/or lease administration experience.
• Experience utilizing Yardi or similar property management software platforms.
• Knowledge of CAM reconciliation process.
• Strong understanding of commercial lease terms, property operations, and financial reporting.

Responsibilities

• 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 and conducts webex 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.

Skills

Commercial property management

Lease administration

Budgeting & financial reporting

Attention to detail

Tools

Yardi

Job description

Greystar is seeking a seasoned property professional to support management of mixed-use communities where we act as the property manager for both residential and commercial components.

The role focuses on interpreting leases, preparing abstracts, budgeting, and CAM reconciliations while coordinating with local teams to ensure accurate financials and lease language. Onsite positions offer robust benefits and long-term growth opportunities.