Commercial Lease Administrator

Bernstein Management Corporation (BMC) has been a regional leader in real estate management for 70 years. BMC's investment affiliate is a fully discretionary, private real estate fund with assets valued at over $2.0 billion, low leverage and significant capacity to make additional investments. Focusing exclusively on the Washington D.C. metropolitan area, the portfolio currently includes 80 properties representing over 5,500 residential units and 3.3 million square feet of commercial space including office, retail and industrial assets. BMC's team of over 230 industry experts manage the portfolio with a hands-on, vertically integrated approach. For more information, visit bmcproperties.com.

As a BMC Commercial Lease Administrator, your main function is to review lease documents and establish and manage commercial tenant lease accounts. You will also assist with annual CAM reconciliations. You will report to the Manager of Lease Administration and work closely with the CAM specialist Commercial Accountant. You will not have supervisor responsibilities.

Primary Responsibilities*

• Oversee a portfolio of 53 commercial and mixed-use residential and retail properties.
• Abstract all commercial lease documents in Yardi.
• Maintain all digital commercial tenant lease files including lease documents, miscellaneous correspondence, and tenant financial information.
• Understand and communicate lease details to tenants and to other departments within the company.
• Process monthly move-in and move-outs as well as holdover leases.
• Review monthly rent-ups for accuracy prior to rent posting.
• Monitor critical lease dates including renewals and expirations.
• Answer tenant questions about lease details in a prompt and courteous manner.
• Track gross sales reporting and calculate and bill percentage rent for approximately 30 tenants.
• Assist in calculation of annual operating expense reconciliations.
• Audit leases and Yardi database information to ensure accuracy.
• All other duties as assigned.

* Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job, as described above.

Knowledge, Skills, and Abilities

• Proficient in Microsoft Office programs
• Flexible mindset; ability to adapt to changing policies, procedures, and implementation of new technologies
• Detail-oriented
• Strong analytical and problem-solving skills
• Strong time management and organizational skills
• Ability to work in a fast-paced, multi-entity environment
• Ability to multi-task and follow through
• Ability to work under pressure
• Ability to communicate effectively
• Ability to work effectively as a team contributor on applicable assignments
• Ability to respond to others' needs in a timely and courteous manner

Required Education and Experience

• Two years of commercial lease administration experience and/or accounting and property management
• Experience with CAM reconciliations
• Experience in commercial real estate

Preferences

• Bachelor's degree
• Yardi, MRI, JD Edwards, or other comparable commercial real estate software experience
• Familiar with base accounting principals

BMC's People First Commitment

At BMC, we know that work/life balance is not just important, it's necessary. As a member of our team, your experience will be valued, and your hard work will be rewarded with a generous benefits package including paid time off, medical plan options, 401K match with immediate vesting, rent discount at BMC properties, paid volunteer leave, gym membership contributions, and company-wide social outings.

Bernstein Management Corporation is an Equal Opportunity Employer, making decisions without discrimination on the basis of race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, genetic information or any other protected class, in accordance with applicable law.