One to three years of experience in a real estate, administrative, or coordination role.
Strong organizational skills and attention to detail.
Clear and professional written and verbal communication skills.
Ability to manage multiple tasks and deadlines.
Proficiency in Microsoft Office Suite, including Word, Excel, and PowerPoint.
Responsibilities
Support the review and tracking of consent requirements applicable to leasing actions in loan and joint venture documents.
Coordinate communications with lenders and partners to obtain consent for leasing actions under the direction of senior team members.
Track the status of lender and partner consents and communicate updates to internal stakeholders.
Assist in preparing lease data for tenant estoppels and SNDA agreements in connection with new loans and refinancings.
Prepare and organize lease files and lender due diligence materials.
Maintain data related to lender consent requirements and lender contacts.
Update and maintain information in Salesforce related to lender consent requirements and approval status.
Assist with lease due diligence and onboarding in connection with real estate acquisitions.
Read, interpret, and abstract lease documentation with guidance.
Prepare summaries and reports to support lease and loan-related analysis.
Collaborate with cross-functional team members on projects and initiatives.
Support the Tenant Audit Program by coordinating administrative and operational efforts, including working with internal teams and external auditors to facilitate audit activities.
Desired Qualifications
Familiarity with real estate management software such as MRI and Salesforce.
Familiarity with Salesforce.
A bachelor's degree in Real Estate, Finance, Business Administration, or a related field is preferred; equivalent experience will be considered.
Overview
We are seeking an organized and detail-oriented Real Estate Coordinator to join our team. The ideal candidate will possess strong communication skills and the ability to manage multiple tasks efficiently. This role supports lease administration and loan diligence and compliance functions, focusing on coordination, documentation, and tracking related to leasing actions and lender requirements. The Real Estate Coordinator will collaborate with cross-functional teams and senior leaders, as well as external partners such as legal counsel, lenders, and financial partners.
The Real Estate Coordinator will report to the Manager, Real Estate Analytics.
What to expect
Support the review and tracking of consent requirements applicable to leasing actions in loan and joint venture documents.
Coordinate communications with lenders and partners to obtain consent for leasing actions under the direction of senior team members.
Track the status of lender and partner consents and communicate updates to internal stakeholders.
Assist in preparing lease data for tenant estoppels and SNDAs in connection with new loans and refinancings.
Prepare and organize lease files and lender due diligence materials.
Maintain data related to lender consent requirements and lender contacts.
Update and maintain information in Salesforce related to lender consent requirements and approval status.
Assist with lease due diligence and onboarding in connection with real estate acquisitions.
Read, interpret, and abstract lease documentation with guidance.
Prepare summaries and reports to support lease and loan-related analysis.
Collaborate with cross-functional team members on projects and initiatives.
Support the Tenant Audit Program by coordinating administrative and operational efforts, including working with internal teams and external auditors to facilitate audit activities.
Immediate Opportunity/Initial Success
In the first year, the Real Estate Coordinator will develop a strong understanding of WS Development’s lease administration and lender coordination processes. Initial success will be demonstrated through effective tracking of leasing actions, accurate documentation, timely communication with internal and external partners, and reliable support of senior team members.
Potential for Growth/Longer Term Success
At WS Development, we prioritize the growth and development of our team members. As a Real Estate Coordinator, 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. As you progress, you will enhance your analytical skills and tackle more complex responsibilities.
Looking ahead, you will have the opportunity to take on increased responsibility and ownership within the function, deepen your subject-matter knowledge, and serve as a trusted resource for internal partners. 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.
Bachelor’s degree preferred in Real Estate, Finance, Business Administration, or a related field; equivalent experience will be considered.
1–3 years of experience in a real estate, administrative, or coordination role.
Strong organizational skills and attention to detail.
Clear and professional written and verbal communication skills.
Ability to manage multiple tasks and deadlines.
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
Familiarity with real estate management software such as MRI and Salesforce is a plus.
Familiarity with Salesforce is a plus.
The expected salary range for this position is $70,000-$90,000 per year. Actual compensation will be based on factors such as skills, qualifications, experience, and location. This role is also eligible to participate in our annual bonus program.
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.