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Upstream Rehabilitation · 20 hours ago

Lease Renewal Specialist

United States

Full-time

Remote

Mid Level

3+ years exp

Upstream Rehabilitation is looking for a Lease Renewal Specialist to join their team. The role involves managing lease renewals for a portfolio of real estate assets, executing negotiation strategies, and ensuring timely renewals while optimizing financial performance and maintaining tenant relationships.

Health CareHospital

Responsibilities

Manage the end-to-end process for lease renewals across a portfolio of properties, ensuring that renewals are timely and aligned with company objectives

Track critical lease dates and collaborate with property managers and other stakeholders to ensure smooth renewal processes

Coordinate renewal offers, ensuring that all terms are clear and compliant with corporate guidelines

Lead the negotiation process for lease renewals, ensuring favorable financial terms, including rent adjustments, tenant incentives, and lease clauses that support company goals

Analyze market conditions, competitive rent rates, and property performance to guide negotiation strategy

Collaborate with the Director of Real Estate to develop strategies that maximize profitability while considering tenant retention

Work closely with the Director of Real Estate to align lease renewal strategies with broader business and financial objectives

Provide input on lease terms, rent escalations, and long-term property strategies, ensuring alignment with financial and operational goals

Analyze financial performance related to lease renewals, ensuring that all renewals align with EBITDA-focused goals

Monitor and report on key performance indicators (KPIs) related to lease renewal success, such as renewal rates, rent growth, and tenant retention

Collaborate with finance and accounting teams to ensure renewals are properly accounted for and aligned with budget projections

Maintain positive and professional relationships with existing tenants, addressing any concerns or questions related to lease renewals

Serve as a point of contact for tenants during the renewal process, ensuring clear communication and a smooth experience

Ensure that all lease renewals adhere to legal and regulatory requirements

Work with legal teams to review and finalize renewal documents, ensuring compliance with corporate policies and procedures

Prepare reports and presentations for senior leadership on the status of lease renewals and key performance metrics

Maintain accurate records of all lease renewals and associated documentation, ensuring that all information is up to date and easily accessible through the use of Monday.com or other project management software

Qualification

Lease ManagementFinancial AnalysisNegotiation SkillsAnalytical SkillsProject ManagementCommunication SkillsTechnological ProficiencyAttention to DetailProblem-SolvingTeam CollaborationIntegrity

Required

Bachelor's degree: Business Administration, Real Estate, Finance, or a related field

3+ years of experience in real estate, lease administration, property management, or a similar role

Proven track record of successfully managing lease renewals, negotiations, and tenant relations

Strong understanding of financial principles, including EBITDA, rent roll analysis, and real estate market trends

Negotiation Skills: Ability to negotiate favorable lease terms while balancing tenant relationships and profitability

Analytical Skills: Strong proficiency in analyzing financial data, lease agreements, and market trends to inform decision-making

Communication Skills: Excellent verbal and written communication skills, with the ability to work effectively with internal teams, tenants, and external stakeholders

Project Management: Ability to manage multiple renewal processes simultaneously, ensuring deadlines are met and renewals are completed efficiently

Attention to Detail: High level of accuracy in managing lease documents, financial reports, and negotiations

Technological Proficiency: Familiarity with lease management software, Microsoft Excel, and other relevant real estate tools

Strong problem-solving abilities and a proactive approach to resolving issues

A results-oriented mindset with a focus on profitability and operational efficiency

Ability to work independently and as part of a collaborative team

High level of integrity and professionalism in all interactions