Lease Administration Intern

Job Description

Acadia (NYSE:AKR), headquartered in Rye, New York, Acadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – core and investment management – platforms.

Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic urban and street-retail corridors, including those in New York, Chicago, Los Angeles, San Francisco, Washington DC, Dallas, and Boston. At the same time, we manage opportunistic and value-add investments through our investment management platform.

Acadia is currently seeking a qualified intern to join its Lease Administration team, who can participate in the full cycle of tenant interaction, from lease negotiations and tenant on-boarding to tenant vacating the premises at the end of its term.

This is an onsite paid internship based in Rye, New York. This 10-week program will commence on May 26, 2026 and conclude on August 6, 2026.

Interns are assigned a mentor who will provide guidance throughout the duration of their internship. Interns will be encouraged to learn as much as possible about Acadia and how all of the various departments inter-relate during their experience with us. The intern should be prepared to work in a fast-paced team environment and will finish the internship having gained broad experience in Leasing matters from the landlord side of commercial real estate.

INTERNS WILL BE EXPOSED TO & PROVIDE SUPPORT IN THE FOLLOWING AREAS:

Assist in all phases of tenant accounts, billing and collections.

Preparation and billing of periodic Common Area Maintenance (CAM), Real Estate Tax (RET) and Insurance (INS) reconciliations.

Regular monitoring of tenant accounts, including tenant contact information and account status.

Communicating between departments in regards to possible resolution of tenant disputes.

Daily application of payments from the tenant Lock Box, bank deposits and wire transfers.

Process rent increase letters and monthly statements.

Assist in creating, renewing, vacating and expiring leases in our financial database (MRI).

Be a liaison between tenant and landlord as well as an inter-departmental conduit between acquisition, development, legal, leasing, construction, accounting and property management teams.

Assist in handling all building and tenant improvements and the required lease documentation.

Assist with various tasks related to managing the Acadia annual real estate tax expenses and tax appeals process including annual NYC filings.

Requirements:

Must be enrolled in a college degree program at an Accredited Institution, business or communication a plus

Must have completed junior year of college

Must be able to work onsite in Rye, NY

Ability to work 40 hours per week

Must have a GPA of 3.0 or above

Must have unrestricted work authorization in the US without a visa or sponsorship

Desired Characteristics:

Highly Self-motivated

Ability to prioritize challenging work schedule/multi-task

Strong written and verbal communications skills

Proficient in Microsoft Office, particularly Excel

Internship Benefits Overview

Acadia’s internship program offers a unique opportunity to gain hands-on experience in the dynamic field of commercial real estate, supported by a robust structure designed to foster both professional and personal growth. Key benefits include:

401(k) Retirement Savings Plan Eligibility

Interns are eligible to participate in our 401(k) retirement savings plan, offering a head start on long-term financial planning.

Daily Stipend for Lunch

Pre-Tax Commuter Savings

Convenient Commute from NYC with Shuttle Service to/from Harrison Metro North Station to Rye Office Campus

Dedicated Mentorship

Each intern is paired with a dedicated mentor who provides guidance, feedback, and career development support throughout the program.

Immersive Industry Experience

Interns gain comprehensive exposure to the commercial real estate industry through:

Cross-functional team engagement

Onsite property tours for real-world context

A collaborative, hands-on group project

Direct access to CEO and senior leadership team

This immersive program is designed to provide meaningful insights into our business and culture, equipping interns with valuable skills and connections for their future careers.

An estimate of the current compensation for this position is $20.00 – 23.00 an hour.

Apply online at

Acadia Realty is an Equal Opportunity Employer - Veteran/Disability