Lease Analyst, Commercial Real Estate
Richfield, MN - USA
Job Summary
Position Summary
The Lease Analyst reviews and interprets commercial leases and related legal documents abstracts key terms and maintains lease and tenant billing information within the accounting system. This position partners with Property Management and Accounting to ensure tenants are billed accurately and in accordance with their lease terms.
The Lease Analyst also uses AI-assisted lease abstraction tools to improve efficiency while independently reviewing validating and correcting system-generated information. Additional responsibilities include tenant billing cash application audits reporting and special projects.
What Youll Do
Lease Administration and Abstraction
- Review interpret and abstract commercial leases amendments renewals assignments and related documents for an assigned portfolio.
- Use AI-assisted lease abstraction tools to identify key terms validate results and flag discrepancies or provisions requiring further review.
- Enter and maintain accurate lease and tenant billing information in the accounting system.
- Research lease-related questions and provide guidance to Property Management Accounting and other stakeholders.
- Maintain organized electronic lease records and supporting documentation.
Billing Reporting and Cash Application
- Calculate and process base rent utility charges percentage or flex rent CPI increases and other tenant charges.
- Review billing data for accuracy and generate tenant invoices rent statements utility billings and related reports.
- Respond to tenant billing questions and collaborate with internal teams to resolve discrepancies.
- Maintain Excel-based tracking schedules and provide documentation for audits.
- Process research code and post tenant payments received by check EFT or other approved methods.
- Research unapplied or incorrectly applied payments and coordinate necessary corrections.
Additional Responsibilities
- Collaborate with Property Management Accounting and other departments.
- Assist with special projects and other related duties as assigned.
What Youll Bring
- Ability to read interpret and summarize commercial lease language.
- Strong attention to detail analytical ability and commitment to data accuracy.
- Ability to identify inconsistencies across leases abstracts billing records and accounting systems.
- Ability to manage multiple priorities and deadlines in a fast-paced environment.
- Strong written and verbal communication skills.
- Ability to work independently and collaborate across departments.
- Advanced Microsoft Excel skills and proficiency with Microsoft 365 applications.
- Comfort working with accounting lease administration document management and AI-assisted technology platforms.
- Sound judgment when reviewing AI-generated information and determining when further review is needed.
Preferred Experience
- Three or more years of experience in commercial real estate lease administration property accounting or a related field.
- Experience abstracting commercial leases and using AI-assisted lease abstraction or lease review tools.
- Experience with MRI or a comparable commercial real estate accounting system.
- Tenant billing accounts receivable and cash application experience.
About IRG Realty Advisors
IRG Realty Advisors (IRG RA) provides comprehensive commercial real estate solutions to entrepreneurial owners and investors corporations institutions and government clients. As the largest property management services company headquartered in Ohio IRG RA manages more than 100 million square feet across 31 states including office retail industrial warehouse multifamily and land assets.
We specialize in developing and managing large complex mixed-use projects. Our core purpose is to improve communities through innovative customized real estate solutions that surpass our clients expectations.
Our advisory approach considers every stage of the real estate lifecyclefrom acquisition and repositioning through stabilization and exit planningto deliver cohesive strategies that enhance value. Our coordinated service lines include property and asset management transaction management development services project management consulting and facility management.
We seek passionate enthusiastic professionals who are committed to their development and focused on achieving exceptional results for our clients and partners.
Employment Disclosures
IRG Realty Advisors participates in E-Verify. For more information on E-Verify please visit .
IRGRA provides equal employment opportunities. Discrimination of any type will not be tolerated. IRGRA is an Equal Opportunity / Affirmative Action employer.
All qualified applicants will receive consideration for employment regardless of race color religion sex national origin sexual orientation gender identity disability protected veteran status or any other characteristic protected by state federal or local law.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA) if you have a disability and would like to request accommodation to apply for a position email .
All offers of employment are contingent upon successful completion of a background check and drug screening conducted in accordance with applicable federal state and local laws and only after a conditional offer of employment has been made.
Required Experience:
Manager
About Company
IRGRA is the largest management services company headquartered in the state of Ohio. Many of our properties have won awards and are recognized on historic registries. Currently managing over 100 million square feet of real estate space throughout 31 states.