Jeff Walgreen Email & Phone Number

Boston, Ma, Us

Manage the integrity of real estate/facility portfolio through active and timely oversight of lease rights and obligations. Key areas of focus include, but are not limited to, critical dates, terms, taxes/rates and timely use of tenant improvement allowances. Coordinates and manages the central processing of critical lease information into a lease management system (MRI-ProLease). Acts as a subject matter expert between Corporate Services and outside counsel, finance, risk management and respective landlords/developers. Responsible for recommending both strategic and financial decisions on the management of the real estate portfolio. Directly manage assigned lease renewal and extension negotiations with landlords. Manage internal procedures for auditing and maintaining continual database integrity and quality control.

Rockland, Massachusetts, United States

• Review, understand and accurately interpret and abstract complex commercial real estate leases, amendments, subleases and related documents.• With limited direction from the Manager, directly manage assigned lease renewal and extension negotiations with landlords. • Analyze, maintain, and report on information regarding lease dates, dollar values and financial accounting transactions into a lease management software database (MRI-ProLease).• Rent variance analysis and rent payment processing.• Data entry, validation and management of lease agreements. Review and audit annual landlord reconciliation statements and real estate tax calculations. • Review, edit and process CAM and other escalations, real estate tax invoices documents, lease/rent commencement agreements, estoppel certificates and SNDA agreements to ensure accuracy.• Manage internal procedures for auditing and maintaining continual database integrity and quality control.• Maintains facility lease and property ownership files ensuring they contain current, accurate information.• Conduct financial analysis/accounting as appropriate, including AR/AP, rent rolls, percentage rent, lease vs. buy analysis and budgets in accordance with required accounting principles (GAAP, Tax, Cash, etc.).• Coordinate with internal stakeholders (i.e. Finance, Treasury, Audit) regarding management of security deposits, landlord TI allowance refunds, broker commission rebates, etc. using the proper GL and cost center codes.• Develop and manage critical date tracking reports.• Communicate and resolve Landlord related disputes in accordance with Lease provisions to ensure cost savings initiatives for assigned portfolio.• Oversee and drive annual cost savings and/or recovery through diligent and comprehensive audits of existing leases and subleases.• Performs other duties as assigned:• Invoice processing - Process invoices through the Banktel A/P system, including rent, CAM, real estate tax, etc.

Boston, Massachusetts, United States

• Manage a team of 4 analysts responsible for a client portfolio consisting of roughly 5.5MM Square Feet and 800+ locations in the Americas. Responsible for approximately $160MM of clients annual budget• Successfully internalized the Lease Administration & Accounts Receivables departments from CBRE to Santander. Staffed and trained team members.• Ensure all Lease Administration metrics and deliverables under the SLA are provided as required.• Design, prepare and distribute monthly, quarterly and annual reports in a timely and accurate manner. Additionally, prepare ad-hoc reports as needed by management.• Successfully implemented our new Siterra operating database. Designed easy to use export reportable reports, critical attributes, and tested accuracy of data. • Ensure KPI and benchmark reporting is accurate and up to date.• Provide direct support to the transaction management team through document preparation, commissions tracking and financial analysis.• Develop and implement procedures, reports and systems that continually improve and streamline the operations and overall management of the account.• Conduct financial analysis and accounting procedures, including AR, AP, rent rolls and budgeting in accordance with required accounting principles.• Conduct ongoing analysis of leased and owned portfolios to support transaction management, project management and the legal teams.• Review real estate documents including leases, estoppels, SNDA’s and project plans abstracting all important details that need to be tracked and maintained and managed

Boston, Massachusetts, United States

• Managed the residential appraisal process for a national portfolio lender for compliance and adherence to client service standards• Communicate frequently with sales officers, account executives, and mortgage underwriters on statuses and problem resolution if necessary• Liaison between real estate division and mortgage underwriting during the appraisal review process• Documented and implanted new policies and procedures of the appraisal process• Set up loans on systems (CPS) for collateral tracking• Reviewed and prepared collateral documentation• Worked with clients to release and change collateral requirements

Needham, Massachusetts, United States

• Track and collect mortgage payments required by loan documents• Manage escrow accounts and disbursement requests• Coordinate loan disbursements; Track and disburse loan proceeds• Daily borrower contact by phone and generate correspondence• Complete monthly Rate Change Analysis• Support senior staff for problem loan management and other non-routine matters• Review loan documents to identify loan triggers according to the loan covenants• Trained in Documentum, FSCIS, Core Logic systems.• Assist in analysis of borrower’s operating statements and rent rolls to determine risk• Continuous ad-hoc analysis for Management

Boston, Massachusetts, United States