Leasing Specialist

Job Description

Job Description

We are offering an exciting opportunity for a Leasing Specialist for our client's team in the Lawrenceville, New Jersey area. As a Leasing Specialist, you will play a vital role in managing lease agreements, maintaining expense records, and responding to account inquiries.

Responsibilities :

• Review Lease Agreements : Identify clauses in leases that affect CAM expenses, like inclusions / exclusions, expense escalations, and capital expense pass-throughs.
• Create Recovery Profiles : For each property / tenant, you’ll build and maintain profiles to ensure that expenses are being allocated correctly according to their lease terms.
• Scrutinize Ledgers : Regularly examine property expense general ledgers to make sure only allowable expenses are included and non-allowable ones are excluded.
• Maintain Expense Pools : Set up and manage expense pools that capture all recoverable expenses for each property.
• Reconciliation : At year-end, you'll generate CAM reconciliation bills or refunds based on actual expenses and compare them to the estimates provided to tenants earlier in the year.
• Respond to Inquiries : You'll need to be able to provide tenants with backup and explanations of CAM costs if they ask or if an audit takes place.
• Estimate Future CAM Expenses : Using historical data, you'll project future CAM costs so that you can provide tenants with accurate billing schedules for the upcoming year.
• Proven experience as a Leasing Consultant or similar role within the Real Estate industry
• Comprehensive knowledge of Lease Agreements and their execution
• Ability to handle Account Inquiries with professionalism and accuracy
• Excellent negotiation skills, with the ability to optimize lease terms for both clients and company
• Strong communication and interpersonal abilities to build rapport with potential tenants
• Proficiency in utilizing real estate management software
• Solid understanding of real estate laws and regulations related to property leasing
• Ability to effectively handle multiple tasks and projects simultaneously