Lease Analyst

Overview

Job Description

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

THE ROLE

We are seeking a detail-oriented and motivated Lease Analyst to join our Atlanta-based Lease Services team. The Lease Services department provides recurring and project-based lease abstraction services in support of our customers. In this role the candidate will review and analyze commercial real estate lease agreements and effectively summarize critical data, such as lease terms, options, rent and other expenses, maintenance responsibilities and other legal obligations, into the CoStar Real Estate Manager lease management application. The ideal candidate will have strong reading comprehension and analytical skills, experience working with legal/real estate contracts, and a commitment to accuracy and efficiency.

This position is based in the Atlanta office Monday through Friday.

Responsibilities

• Review and interpret commercial leases, amendments, licenses, and related real estate documents.
• Abstract commercial real estate leases and supporting lease documents into CoStar Real Estate Manager’s application by following instructions and training materials
• Effectively summarize data without compromising legal intent or meaning
• Recognize and accurately abstract critical data elements such as:
• Dates – Calculating all dates
• Lease Option Types
• Rent and other charges – CPI, Sales Tax, Percentage Rent
• Repairs & Maintenance Obligations
• Lease Clauses - Comprehensive understanding of Lease Clauses such as Co-Tenancy, Exclusive Use, Radius Restriction, Surrender, etc.
• Identify and communicate discrepancies and raise any questions as needed
• Perform audits of key financial terms and dates to legal documents and data
• Meet or exceed daily production goals with a target of 98% or greater accuracy
• Ability and willingness to adapt to changing requirements and projects
  

Basic Qualifications

• Bachelor's Degree required from an accredited, not-for-profit University or College
• 3 years of Commercial Real Estate, Lease Administration, Property Accounting or related contract review experience
• Excellent communication and organizational skills
• Prior work with commercial real estate lease administration systems a plus
• Ability to be self-motivated while working in a team environment
• High Proficiency in grammar, spelling and proof reading
• Experience using Microsoft Excel, Word and Outlook and Adobe Acrobat
  
  

Preferred Qualifications And Skills

• Bachelor’s degree in Real Estate, Accounting or similar field preferred and/or Paralegal Certificate
• Experience abstracting commercial real estate leases
• Law degree or paralegal certificate
• Degree in real estate, accounting, or a similar field
• Self-motivated with a strong work ethic and a passion for quality
• Detail-oriented and possess strong organizational, written and verbal skills
  
  

WHAT’S IN IT FOR YOU?

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training and tuition reimbursement.

Our Benefits Package Includes (but Is Not Limited To)

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
• Life, legal, and supplementary insurance
• Virtual and in person mental health counseling services for individuals and family
• Commuter and parking benefits
• 401(K) retirement plan with matching contributions
• Employee stock purchase plan
• Paid time off
• Tuition reimbursement
• On-site fitness center and/or reimbursed fitness center membership costs (location dependent)
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks
  
  

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing