Trust Administrator jobs in Virginia

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust (WHLR) was formed with the primary objective of acquiring, financing, developing, leasing, owning and managing income producing assets such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties. WHLR’s portfolio consists of strategically selected properties that are located in the Mid-Atlantic, Southeast and Southwest regions of the United States, and are generally leased by nationally and regionally recognized retailers of consumer goods. Our specialties include, but not limited to Acquisitions, Leasing, and Property Management.

We currently are looking to add a Lease Administrator with Common Area Maintenance reconciliation experience to our dynamic team! Benefits include: flexible schedules, generous company sponsored health care plans, 401k with match, company paid life/short and long term disability, gym memberships, educational and training assistance and reimbursement, a great atmosphere and so much more!

Essential Job Duties:

• Research and interpret lease language and provide information and guidance, as requested by property managers, brokers, or principals of the company.
• Receive and set up all lease documents into corporate electronic file cabinet in accordance with system requirements.
• Create and update lease abstracts to ensure that dollars agreed to in leases have been translated accurately.
• Verify rent start date per executed lease and update according to amendments and future considerations.
• Facilitate and track routing and signature of various documents, forms, and lease documents.
• Track and bill percentage rent of sales.
• Budget common area maintenance costs and additional rent charges.
• Complete monthly reconciliations as needed or required by the lease.
• Track, reconcile, and amortize capital improvements.
• Verify balance and transfer forward for renewals.
• Handle tenant inquiries, delinquencies from prior year, and outstanding balances for vacated tenants.
• Utilize, update, and manage all tools and resources available to manage workload, including checklists, databases, logs and/or other related reporting tools.
• Work with other company departments, i.e., accounting, acquisitions, and dispositions as necessary.

Qualifications

• Degree in Accounting, Finance or Business Preferred
• 1 to 3 years related experience
• Proficient with MS Office and MS Teams
• Above average knowledge of MS Excel
• Proficient in MRI and Avid

Key words: Real Estate Investment Trust, REIT, CAM, Datex, MRI, and Abstracting.

Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Experience level:

• 1 year

Schedule:

• Monday to Friday

Experience:

• Account reconciliation: 1 year (Required)
• Real estate administrative: 1 year (Preferred)

Ability to Commute:

• Virginia Beach, VA 23452 (Required)

Work Location: In person