Lease Administrator
Lease Administrator
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
JOB SUMMARY
The Lease Administrator is responsible for addressing routine administrative issues related to the Companys real estate portfolio. The lease administrator works with the Companys accounting treasury legal and finance departments as well as landlords tenants vendors and other third parties. The lease administrator maintains the real estate lease administration database abstracts legal documents reconciles operating expenses assists accounting with real estate payments issues reports and answers questions and provides information regarding the Companys real estate portfolio.
ESSENTIAL FUNCTIONS
- Manages the day-to-day administration of leases including data entry and tracking lease terms and all real estate legal documents.
- Reviews and abstract leases and other legal documents.
- Processes and maintains all pertinent real estate data in the Companys lease administration database.
- Tracks critical dates such as lease expirations and options.
- Manages internal critical date reminder systems and reports.
- Processes and assists accounting with all real estate invoices including but not limited to rent percentage rent operating expenses and year-end operating expense and Consumer Price Index adjustments.
- Processes simple lease renewals and terminations.
- Conducts desks top audits to reconcile rent common area maintenance real estate tax insurance and other periodic and end-of-year expense adjustments.
- Administers the Companys third party leased or subleased properties which includes reviewing legal documents invoicing tenants collecting lease income forwarding lease income to accounts receivable and issuing delinquent rent notices on unpaid balances.
- Processes change of address notices estoppels subordination non-disturbance and attornment agreements assignments insurance certificates lease renewal and termination notifications as well as other miscellaneous real estate documents and requests.
- Manages the collection of the Companys real estate receivables and tenant improvement allowances.
- Assists treasury in real estate compliance audits and sale lease back transactions.
- Arranges third party access to leased and owned properties.
- Generates standard and develops ad hoc reports utilizing the real estate lease administration database software.
- Performs other related duties as assigned.
QUALIFICATIONS
- Bachelors degree preferred.
- 1-3 years of lease administration experience.
- Strong organizational interpersonal and communication skills.
- Proficient in Microsoft Word Excel and Power Point.
- Experience with lease administration software Lucernex preferred.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
