Lease Analyst

POSITION PURPOSE

Responsible for providing high-quality lease analysis and management support to the allocated Ministries in a portfolio. Provide analysis and interpretation of lease language to determine landlord/tenant responsibilities. Interface with multiple departments at System Office and the Ministries as well as with the landlords to ensure accurate billings of both expense and receivable leases. Perform desk-top reviews of CAM reconciliations, utility bills, etc. for leases within assigned portfolio. Provide back-up lease analysis and CAM reconciliation review services to other Ministries on an as-needed basis. Initiate and resolve disputes with landlords for incorrect billings. Maintain high-quality lease information in lease database system for supported Ministries and provide periodic quality-control reviews of all leases.

Essential Functions

• Knows, understands, incorporates, and demonstrates the Trinity Health Mission, Vision, and Values in behaviors, practices, and decisions.
• Understands and interprets lease language to provide lease analysis, CAM reconciliation analysis, determination of landlord vs. tenant responsibilities, and general real estate services support to assigned portfolio and other Ministries on an as-needed basis.
• Abstracts new leases and lease amendments; prepares accurate and detailed lease abstracts including all critical dates and financial requirements.
• Accurately enter completed abstract information into Lease database software.
• Reviews monthly rental statement for supported Ministries; confirms the validity of the charges against the lease document and makes necessary adjustments in Lease Database System.
• Responds timely to all landlord inquiries, payment notices, and default letters on supported Ministries and resolve in a timely manner in accordance with the lease terms and established THRE guidelines.
• Completes in-depth annual CAM reconciliations; performs desktop audit and verify per terms of the lease before management's review for payment. Disputes invalid charges and negotiate settlements with the landlord.
• Performs accurate and detailed reconciliations of rent accounts to ensure compliance with lease terms and work with landlords to resolve discrepancies.
• Serves as member of project team to integrate all accounts receivables into the Lease Database System; audits lease data points in A/R leases as part of scrub process.
• Manages lease files to ensure that they high-quality and contain accurate, up-to-date data.
• Serves as a member of a transition team to get new acquisitions integrated into the lease database system as-needed.
• Establishes and maintains strong working relations with internal clients and landlords.
• Maintains a working knowledge of applicable Federal, State, and local laws/regulations; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures to ensure adherence in a manner that reflects honest, ethical, and professional behavior.

Minimum Qualifications

• Bachelor’s degree in Business Administration, Real Estate or related discipline; or an equivalent combination of education and experience.
• Two (2) to four (4) years experience in commercial real estate with hands on experience on content of real estate contracts.
• Direct lease analyst experience highly preferred.
• Thorough understanding of real estate contract elements as well as methods and approaches for payment of expenses and the billing and collection of rents.
• Understanding of healthcare regulations such as Stark and Anti-Kickback.
• Excellent lease analysis/management experience as evidenced by serving previously in a lease analysis role.
• Must be efficient in Excel and Word.
• Prior experience with lease administration software, prior experience in lease database systems is a plus (current system is Lucernex).
• Excellent oral and writing communication skills.
• Strong problem solving skills and the ability to successfully coordinate and facilitate the work of groups in achieving desired goals and outcomes as evidenced by prior work experience.
• Strong interpersonal skills, self-motivation, personal initiative and desire to learn.
• Must demonstrate ability and willingness to work in a team environment, and to interact positively with others.
• Ability to plan and complete work independently, with minimal supervision, and complete tasks on time on a consistent basis.
• Physical And Mental Requirements And Working Conditions: The position operates in a typical office environment. The area is well-lit, temperature-controlled and free from hazards. Incumbent communicates frequently, in person and over the telephone, with people in a number of different locations. Manual dexterity is needed in order to operate a keyboard. Hearing is needed for telephone and in person communication. Must be able to function well in a changing and evolving environment and be invested in the furtherance of the Trinity Health philosophy while respecting and supporting a wide range of internal customers.

Our Commitment

Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.