What are the responsibilities and job description for the Real Estate Analyst position at Reid Petroleum?
Description
Primary Function
As a Real Estate Analyst, you will play a pivotal role in administering our real estate portfolio, serving as a primary point of contact. This multifaceted role encompasses relationship management, commercial lease administration, and real estate development. The position requires a keen understanding of real estate principles, communication skills, and the ability to thrive in a dynamic, fast-paced environment.
Duties/Responsibilities
1. Commercial Leasing
- Oversee the administration of lease agreements, ensuring compliance with terms and conditions. Assist in facilitating lease renewals, amendments, and terminations as necessary.
- Draft formal communication to tenants, contractors, third parties.
- Drive leasing efforts by preparing property listings and marketing materials to attract prospective tenants.
- Communicate terms and conditions of lease to tenants and internal stakeholders.
- Monitor property performance and recommend strategic initiatives to optimize portfolio value.
- Maintain an organized and up-to-date real estate portfolio, including property records, financial documents, and lease agreements.
- Support due diligence efforts for property acquisitions and dispositions.
- Maintain a file of certificates of insurance for tenants.
2. Real Estate Development & Construction
- Perform site evaluation of land development and adaptive reuse opportunities.
- Create ad hoc financial models on current and future projects, supporting strategic decision-making.
- Manage contractors and vendors to complete small to medium capital improvement projects and general maintenance objectives.
- Assist in entitlement efforts for new and existing site development projects.
- Build relationships with independent convenience store operators, landowners, contractors, architects & engineers to procure new business endeavors.
- Actively research new markets to identify top locations for new convenience stores.
- Manage vendor relations, billing processes, and other administrative tasks to ensure efficient workflow and accurate financial records.
3. Travel Requirements
- Undertake occasional travel to various properties, client meetings or municipal offices as needed.
Requirements
Minimum Qualifications
- The Ideal candidate will have 1-3 years of experience at a real estate firm, brokerage or commercial mortgage banking firm.
- Bachelor’s degree in real estate, finance, business administration, or related field.
- Excellent communication and interpersonal skills, with a customer-centric approach.
- Strong analytical skills with the ability to interpret complex legal and financial documents.
- Detail-oriented and organized, capable of managing multiple tasks simultaneously.
- Proficiency in Microsoft Office Suite and real estate software applications.
- Knowledge of real estate laws, regulations, and industry standards.
- Willingness to travel as required. Approximately 25% travel to conduct site tours, meet with contractors.
- Geographic Information System experience a plus.
- AutoCAD, computer rendering software experience a plus.
Salary : $61,000 - $80,000