Commercial Real Estate Analyst

Overview

We are seeking an organized and detail-oriented Commercial Real Estate Analyst, focused on retail, 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 lease and loan document review, coordination, and tracking related to commercial leasing actions and lender requirements. The Commercial Real Estate Analyst will collaborate with cross-functional teams and senior leaders, as well as external partners such as legal counsel, lenders, and financial partners.

The Commercial Real Estate Analyst will report to the Manager, Real Estate Analytics.

What to Expect

• Read, interpret, and abstract lease and loan documentation.

• Prepare summaries, abstractions, and reports to support lease and loan-related analysis.
• 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 abstracting and 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 review during due diligence and onboarding in connection with real estate acquisitions.
• 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.

Initial Success and Day-to-Day Responsibilities

In the first year, the Commercial Real Estate Analyst 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. Every day offers a new opportunity to learn and develop skills in commercial real estate. No two days are alike. Your primary responsibility will be reviewing lease documents and existing loan agreements to determine when lender and/or partner approval is required. You will serve as the main liaison to our lenders, notifying them of pending documents, coordinating approval requests, and providing supporting information. During refinancings, acquisitions, and dispositions, you will help prepare estoppels and coordinate with tenants to

obtain signatures. You will also play an active role in improving processes for the Lease Compliance team, using AI and our real estate software, MRI, to support accurate reporting and more efficient workflows.

Potential for Growth and Longer-Term Success

At WS Development, we prioritize the growth and development of our team members. As a Commercial Real Estate Analyst, 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.
• 2–4 years of experience in a commercial real estate, administrative, or coordination role.
• Strong organizational skills and attention to detail.
• Strong reading comprehension, with a history of reviewing commercial retail leases, preferred.
• 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.
• 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.