CAREERS

 

COMMERCIAL REAL ESTATE ANALYST

Position Summary: Under the supervision of the President and in cooperation with other Lee & Associates Leadership, the Commercial Real Estate Analyst provides extensive research, analysis, and market assessment to deliver vital data to clients and brokers. He/she will be responsible for managing those functions in accordance with the stated mission, goals, and policies established by Lee & Associates, Raleigh-Durham President, and Principals.

The Commercial Real Estate Analyst will work with team members to perform the day-to-day below activities from inception to execution.

Qualifications:

  • Bachelor’s degree in Finance, Real Estate, Economics, or a related field.
  • Minimum of 3-5 years’ related experience.
  • Strong analytical skills with proficiency in financial modeling and data analysis.
  • Knowledge of commercial real estate principles and market dynamics.
  • Excellent communication and presentation skills to convey complex information effectively.
  • Proficiency in software tools such as Excel, Argus, and CRM systems.
  • Detail-oriented mindset with a commitment to data accuracy.
  • Ability to work collaboratively in a team environment.
  • Eagerness to learn and adapt in a dynamic and fast-paced industry.
  • Any relevant certifications or licenses (e.g., real estate license, CFA) are a plus.
  • Follows Lee & Associates policies and procedures; ability to respond to deadlines.
  • Requires corrected vision and hearing to normal range, or special accommodations made of sufficient nature for completion of assigned tasks.
  • Ability to communicate clearly through speech and understanding of the English language.
  • Ability to adapt to change quickly, work under stressful conditions on a regular basis and have responsibility for the health and safety of others.

Overview:

In this role, you will play a pivotal role in supporting senior-level real estate agents in various facets of real estate brokerage. Your responsibilities encompass a wide range of tasks aimed at enhancing our operational efficiency and client services. You will be instrumental in researching commercial properties, collecting market data, maintaining CRM software, and contributing to market analysis. Additionally, you will collaborate with cross-functional teams, produce reports, and leverage AI technology for effective communication. Your role will also involve ensuring the accuracy of company databases, assisting in underwriting properties, and staying informed about market trends and dynamics.

Daily Responsibilities:

Your daily responsibilities will encompass, but are not limited to, the following:

  1. Assist Senior Agents: Collaborate closely with senior real estate agents to provide comprehensive support throughout the real estate brokerage process.
  2. Market Research: Conduct research on commercial properties, including rent and sales transactions, by gathering data from various sources, both online and offline.
  3. Market Growth Analysis: Analyze and review target markets and market economic growth.
  4. CRM Management: Maintain and organize our CRM software, managing client relationships and interactions, and updating information.
  5. Comp Management: Maintain, organize, and analyze using our comp software.
  6. Data Accuracy: Ensure that company databases contain accurate and up-to-date information.
  7. Underwriting Support: Assist in underwriting various property types, including industrial facilities, retail locations, land, and investment properties.
  8. Market Analysis: Prepare and analyze market and industry reports in collaboration with marketing and research teams for client presentations.
  9. Documentation: Create Market Value Summaries and Offering Memorandums for client presentations.
  10. Comparables Research: Research ownership records and track lease and sale comparables.
  11. Team Collaboration: Work collaboratively within a team to devise creative solutions to meet client real estate needs.
  12. Marketing Support: Provide support in developing internal marketing materials and client presentations.
  13. Reporting: Generate quarterly company reports using market data, broker data, and research resources.
  14. Listing Preparation: Create comprehensive memorandums for presentation to the firm’s sales brokers regarding new property listings.
  15. Land Analysis: Prepare land offerings using comparative analysis and LandVision data.
  16. Investment Reporting: Assist in preparing quarterly investment reports for senior management.
  17. Research and Analysis: Conduct online research, including Costar, and delve into specific micro-market economics, rent studies, and market studies.
  18. Market Trends: Stay informed about market trends and dynamics in areas where the firm has investments and in markets targeted for expansion.
  19. Communication: Utilize technology to craft targeted emails and letters for communication with tenant rep prospects, buyers, and property owners.
  20. NAICS/SIC Code Research: Conduct research related to NAICS/SIC codes and product segmentation.
  21. Any additional duties as assigned by management to support the firm’s objectives.

To apply, please submit a cover letter and resume to Ted Boyd, tboyd@lee-associates.com

 

PROPERTY MANAGER

Full-Time, exempt

Position Summary: As Property Manager you will manage a portfolio of commercial properties throughout the Triangle region of North Carolina. You will work collaboratively with the President of Property Management to identify and resolve property level operational issues, oversee and train staff members, implement operating and capital budget plans, and assist in the development of strategic plans for the Property Management Department at large. You will build relationships with tenants, clients, and vendors to quickly solve problems as they arise and manage tenant and client satisfaction to ensure a high level of tenant retention. Above all you will do it with a high-level of integrity and professionalism keeping in alignment with Lee & Associates core values.


Overview and Daily Responsibilities:

 

The essential duties and responsibilities of this position may include, but are not limited to, the following:

  • Anticipate and respond to owner’s needs and concerns.
  • Provide and foster positive relationships with tenants, external clients, and internal clients
  • Develop operating and capital budgets, track variances, oversee the completion of CAM reconciliations, and ensure a smooth recovery process.
  • Review and distribute monthly and/or quarterly financial and expense variance reports.
  • Maintain contact with third-party owners and accounting teams to ensure total contract compliance, including preparation of accurate and timely reporting.
  • Review and approve all accounts payable, ensuring accurate general ledger coding and property allocations.
  • Monitor accounts receivable and ensure the timely collection of rent in accordance with lease terms and coordinate default proceedings.
  • Assist SVP of Property Management in supervising, hiring, and training of management and maintenance employees.
  • Research, bid, and supervise contracts and third-party vendor services.
  • Perform regular inspections of assigned portfolio, recommend and work alongside maintenance team and clients to resolve issues.
  • Work in conjunction with maintenance team to assign employees to duties such as maintenance, repair, or renovation and obtains bids for additional work from outside contractors.
  • Coordinate and oversee on behalf of clients, all tenant and building construction work to ensure timely and accurate completion.
  • Respond quickly to emergency situations, summoning additional assistance as needed.
  • After hours on call required on a rotating basis.
  • Participate in leasing and client team meetings and ensure effective communication between leasing and property management team members to achieve client’s goals and objectives.

Qualifications:

  • Produce well-written reports, business correspondence, and SOP manuals.
  • Effectively present information and respond to questions from clients, tenants, coworkers, vendors, and the general public.
  • Read, analyze, and interpret legal documents (lease documents, claims of lien, etc.).
  • Ability to analyze, interpret and explain financial statements and calculate dollar and percentage variances.
  • Skills to forecast and prepare annual budgets and expense reconciliations.
  • Ability to effectively manage a team of professionals, including both employees and vendors.
  • Yardi experience preferred.

Physical Demands: While performing the duties of this job, the employee may occasionally need to move from floor to floor, ascend/descend stairs, and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 75% of the time. This position frequently communicates with clients, tenants, vendors, and coworkers and accurate exchange of information.

To apply, submit resume and qualifications to Jeremy Laughton at jlaughton@lee-associates.com.

BUILDING MAINTENANCE TECHNICIAN

Full-Time, exempt

 

Position Summary:This position requires a building technician to travel to multiple properties throughout the region using the company maintenance vehicle. Clean DMV report required. This position will cover multiple property types (office, retail, flex space, and light warehouse).The position works with the property management teams on routine maintenance projects. The Building Maintenance Technician utilizes skills to perform preventative maintenance and corrective repair of buildings, industrial systems, building equipment and grounds. Working under limited supervision, the role monitors building system operations and performance, and directs vendors and subcontractors when needed. The Building Maintenance Technician utilizes several trade skills such as carpentry, painting, plumbing, electrical, roofing, and HVAC.



Overview and Daily Responsibilities:


The essential duties and responsibilities of this position may include, but are not limited to, the following:


    

  • Review, track, and close out property work orders. Estimate time and materials needed to complete repairs. Maintain inventory of adequate supplies, materials and tools, and order, as necessary, to complete all tasks.
    • 

  • Perform assigned repairs, preventative maintenance, and emergency maintenance. Complete maintenance and repair records as required.
    • 

  • Inspect property exterior to ensure positive curb appeal. Pick up trash in dumpster enclosures, parking lots, flower/shrub beds, lawns, stairwells, and any other place it may accumulate.
    • 

  • Maintain the building lighting systems, including element and ballast repairs or replacements. Or, if qualified, direct the activities or vendors to do same.
    • 

  • Respond quickly to emergency situations, summoning additional assistance as needed. After hours on call required on a rotating basis.
    • 

  • Perform various maintenance assignments: Roof inspections, Fire/Life safety system inspections, Ceiling tile repairs/replacements, Minor plumbing work (toilets, urinals, sinks, etc.), Minor HVAC repairs (including filters, belts, diagnostics), and other projects/assignments throughout the properties.
    • 

  • Lead property maintenance operations and provide guidance for vendors and sub-contractors. Oversee and inspect the work performed by HVAC, plumbing and electrical contractors.
    • 

  • Perform monthly elevator fire recall tests.
    • 

  • Consult with property management teams to schedule preventative maintenance and other downtime projects.
    • 





JOB FEATURES








Job Category
Administrative, Operations & Staff






To apply, submit resume and qualifications to Jeremy Laughton at jlaughton@lee-associates.com.