Lease Administration Analyst Intern (PAID)

Position Title: Lease Admin Analyst - Summer Intern  (PAID)

Location: North Syracuse, NY

Duration: June 4th^th – August 6^th
Job Type: Internship – Full time

Compensation: $15/hour

Company Overview:

Spinoso Real Estate Group is a leading national real estate owner and operator designed to maximize and enhance the value of large-scale retail based real estate. Spinoso REG believes in the potential of retail spaces to transform lives and connect communities. Our passion is revitalizing malls to become more than shopping destinations but to be the backbone of local culture and economic growth. Through an unmatched combination of expertise, cutting-edge technology, and a hands-on operational approach, we create tailored strategies to maximize the success of every property we touch. From strategic leasing to comprehensive property management and redevelopment, we redefine retail real estate. Our team drives this mission forward. Growth and success are part of a shared vision across our company, and we empower every team member to strive to deliver at the highest level. 

Position Summary:

The Lease Admin Analyst Summer Intern will support the Lease Administration team in managing and analyzing lease agreements and the revenue process. This internship includes a Capstone Project that is both education and a value add to the department. Throughout the program, the Lease Admin Analyst intern will attend educational sessions given by leadership. This internship provides an excellent opportunity to develop key analytical, administrative, and financial skills while gaining hands-on experience in retail real estate and lease management.

 Key Responsibilities:

• Cash Application Support: Assist with the application of cash payments for assigned properties, gaining an understanding of the Accounts Receivable process.
• Accounts Receivable Management: Help resolve outstanding receivables by ensuring the accuracy and completeness of records.
• Clause Abstraction: Review and extract key terms from lease documents, ensuring accuracy in recording and maintaining critical lease information.
• Data Management: Assist with tenant contact updates, organizing miscellaneous receipts, and verifying insurance clauses for compliance.
• Tenant Communication: Respond to tenant inquiries regarding lease terms, conditions, and obligations, providing exceptional customer service.
• Monthly Processes: Contribute to various monthly tasks, including managing defaults, commercial billing, percentage-in-lieu (PIL) processes, and conducting rent roll audits.
• Process Improvement Projects: Participate in process improvement initiatives, analyzing and suggesting ways to improve lease administration efficiency and workflow.
• Tenant Activity Management: Gain exposure to Tenant Activity Notices (TANs), supporting the lease administration team in handling and processing these notices.

Capstone Project

As part of the internship, you will complete a capstone project:

Property Co-Tenancy Audit Project

• Audit lease clauses for co-tenancy-related policies at assigned properties.
• Review and verify tenancy data for accuracy and compliance with lease terms.
• Evaluate co-tenancy infractions based on specific lease language.
• Synthesize findings into a standardized Property Co-Tenancy Guide or Toolkit to support the lease administration team in future audits.

Coaching & Mentorship Opportunities

We are dedicated to your professional development and will provide:

• One-on-One Mentorship: Work closely with experienced Lease Administration Analysts to learn best practices and refine your skills.
• Shadowing Opportunities: Observe team members during tenant communications and monthly processes to understand real-world lease administration challenges.
• Collaborative Learning: Engage in cross-functional projects with the leasing and property management teams to develop a holistic understanding of property operations.

Requirements:

• Must be enrolled in a college degree program 
•  Must have completed junior year of college 
•  Must be able to work onsite in North Syracuse, NY 
•  Must have a GPA of 3.0 or above 
•  Must have unrestricted work authorization in the US without a visa or sponsorship 
•  Ability to work 40 hours per week 

Desired Characteristics:

• Currently pursuing a degree in Business Administration, Finance, Real Estate, or a related field. 
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
• Detail-oriented with strong organizational skills.
• Ability to work independently and as part of a team.
• Prior experience or coursework in real estate is a plus, but not required.
• Strong analytical and problem-solving skills.

What We Offer:

• Internship compensation.
• Hands-on experience in the retail real estate industry.
• Educational sessions lead by leadership. 
• Mentorship from experienced professionals.
• Networking opportunities within the company and industry.
• A dynamic and supportive work environment.

Application Process:

Interested candidates should submit their resume and a cover letter outlining their interest in the position and relevant qualifications to jfoland@spinosoreg.com by May 16^th, 2025.

Join us this summer and take the first step toward a rewarding career in retail real estate!

Disclaimer: This job description is not all inclusive. Other duties and responsibilities may be required

EEO Statement: Spinoso Realty Group is an equal opportunity employer and is committed to providing a work environment that is free from discrimination and harassment. We value diversity and inclusion and believe that a diverse workforce enhances our ability to provide innovative solutions to our customers. We comply with the Americans with Disabilities Act (ADA) and will provide reasonable accommodations for qualified individuals with disabilities throughout the recruitment process. If you require accommodations for any part of the application and hiring process, please notify the Human Resources Department at abinaxas@spinosoreg.com. Reasonable accommodations will be determined on a case-by-case basis. It is the responsibility of the applicant to inform Spinoso Realty Group of any necessary accommodations needed during the recruitment process. Spinoso Realty Group will work with the applicant to assess the specific requirements and provide reasonable accommodations accordingly. Spinoso Realty Group is committed to ensuring that our workplace is accessible to individuals with disabilities. If you need assistance or an accommodation to perform the essential functions of the job, please let us know.