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Ethan Conrad Properties, Inc. · 4 weeks ago

Senior Lease Analyst

Sacramento, CA

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Ethan Conrad Properties, Inc. is one of the largest and fastest growing Commercial Real Estate Companies in Sacramento, CA. The Senior Lease Analyst is responsible for leading lease administration functions, ensuring compliance with lease terms, managing the lease database, and tracking financial obligations for all lease documents.

Real Estate

Growth Opportunities

Responsibilities

Manage and analyze commercial lease agreements, ensuring accuracy, compliance, and financial optimization. Track critical dates, verify financial obligations and prepare independently quarterly and year end CAM reconciliations. Manage the set up and update of recovery expense pools, lease types, etc. in Yardi

Act as Primary Point of Contact between ECP and Yardi administrators and programmers for Yardi issues

Take lead on testing, implementation and configuration of new Smart Lease Yardi module

Manage monthly audit reports process as per annual schedule / plan, accountable for action plan for discrepancies / audit findings

Review and update rent rolls for allocated properties as needed

Update tenant leases with changes received from property managers and/or brokers

Follow up with brokers and/or property managers on lease documentation errors

Work with AR Team regarding tenant ledger inquiries or errors

Process tenant move outs and security deposit refunds in Yardi

Manage ongoing reconciliation process of square footage of properties and units between Yardi and marketing brochures. Update building re-measurements in Yardi

Follow up with brokers on new leases/tenants for financial and credit reports and saving such on the shared drive under the tenant’s lease file

Save all lease documents in hard files and soft files; combine amendments with leases and save complete lease on the shared drive

Manage, for allocated properties, end-to-end CAM reconciliation annual process, send tenants CAM reconciliation letters via email and post charges and/or credits to tenant ledgers; update Yardi with new CAM estimate amount

Verify current insurance, input COI in Yardi for new leases, file COI in shared drive, email tenant if it is not current, set them up for recurring insurance emails

Update CPI table for rent increases

Update all the Exclusives & Restrictions Document for each property in the portfolio based on the lease language if any

Lead process, for allocated properties, of responding to tenant inquiries regarding CAM reconciliations

Support Lease Admin Manager in answering Owner’s questions and providing lease information upon request

Be able to work with minimal supervision and independence

Other duties as assigned

Qualification

Yardi softwareCAM reconciliationLease administrationCommercial real estateLeadershipCommunicationProblem-solvingAttention to detail

Required

At least 10 years of relevant experience in the commercial real estate lease administration industry and/or accounting and property management fields

At least 5 years of leading and / or managing annual CAM reconciliation processes for landlords (not as a tenant), including the entering and interpretation of lease agreements