Senior Real Estate Analyst

Overview

We are seeking an organized and detail-oriented Senior Real Estate Analyst to join our team. The ideal candidate will possess strong communication and business writing skills and the ability to work autonomously. This role bridges lease administration and loan diligence and compliance functions, focusing on various aspects of lease compliance and analysis as well as matters at the intersection of leasing, financing, and loan compliance. The Senior Real Estate Analyst will work and collaborate with cross-functional teams and senior leaders as well as external partners such as legal counsel, lenders, and financial partners.

What to expect

• Perform detailed analysis of consent requirements applicable to leasing actions in loan and joint venture documents to determine if lender or partner consent is required in connection with new leases, lease amendments and terminations, and other leasing actions.
• In coordination with cross-functional team members, communicate with and respond to lenders and partners to obtain consent for leasing actions, track status of consents, and communicate with colleagues throughout the process.
• Prepare and review lease data for tenant estoppels and SNDAs in connection with new loans and refinancing.
• Prepare lease files for lender due diligence and lease document exhibits for loan disclosure schedules.
• Organize and maintain data regarding lender consent requirements and lender contacts.
• Maintenance of information in Salesforce related to lender consent requirements and status.
• Read, interpret, and abstract lease documentation.
• Prepare comprehensive reports and summaries based on analysis.
• Collaborate with cross-functional team members on various projects and initiatives.
• Prepare contingency reports with critical dates to flag delivery and other pertinent lease construction dates.
• Conduct thorough lease scrubs to review and compare lease agreements, ensuring they align with current market terms and legal requirements.
• Assist with lease due diligence and onboarding in connection with real estate acquisitions.

Immediate Opportunity/Initial Success

In the first year, the Senior Real Estate Analyst will have the opportunity to successfully perform detailed analysis of lease and loan documents, ensuring compliance with terms and conditions. They will draft and respond to communications from external parties, prepare comprehensive reports and summaries based on their analysis, and collaborate effectively with senior leaders and cross-functional team members. This role offers a chance to make an immediate impact by performing essential functions and contributing to key projects and initiatives from day one.

Potential for Growth/Longer Term Success

At WS Development, we prioritize the growth and development of our team members. As a Senior Real Estate Analyst, you will have numerous opportunities to expand your skills and advance your career.

Initially, you will focus on real estate analysis, lease administration, and loan/mortgage coordination. You will develop expertise in MRI real estate software and Salesforce, while taking on additional responsibilities and leading smaller projects. As you progress, you will enhance your analytical skills and tackle more complex projects.

Looking ahead, you will have the opportunity to manage larger, cross-functional projects and take on leadership roles in team meetings and strategy sessions. Your career path at WS Development is not limited; you can explore various avenues for advancement. Continuous learning and professional development will be encouraged, with opportunities.

At WS Development, your growth potential is boundless, and we are dedicated to providing you with the resources and support needed to achieve your career goals.

Requirements

• Bachelor’s degree in Real Estate, Finance, Business Administration, or a related field.
• Proven experience in real estate analysis, lease administration, or loan/mortgage coordination.
• Strong organizational skills and attention to detail.
• Excellent communication and business writing skills.
• Ability to work independently and manage multiple tasks simultaneously.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
• Proficiency in using real estate management software, such as MRI to manage and analyze lease data.
• Familiarity with Salesforce is a plus.

About WS Development

Massachusetts-based WS Development is a mixed-use developer with a singular mission: creating places people want to be. With an approach that values art, science, innovation and, above all else, people, WS strives to engage each community it serves with best-in-class experiences, designed with our customers, tenants and partners in mind. Established in 1990, WS is one of few vertically-integrated real estate companies that conceptualizes, owns, operates and leases more than 100 properties that range from cutting-edge urban spaces to lifestyle and community centers. With over 22 million square feet of existing space and an additional nine million square feet under development, it is one of the largest privately-owned development firms in the country.

WS is where great ideas and great people come together to design, build, and operate some of the best loved real estate projects in the country. We live at the intersection of entrepreneurship and establishment. We have the infrastructure of decades supporting a culture of free-thinking excellence.

We expect every WS employee to feel welcomed and valued irrespective of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, veteran status, marital status, parental status, cultural background, and life experiences. Or for any other reason.