Lease Administrator
Location: Sacramento,, CA
Job Type: Contract
Company: IDR
Category: Administrative / Clerical
Job Description Apply Now
The Lease Administrator plays a vital role in supporting a commercial real estate portfolio, specifically focusing on lease administration for healthcare, corporate, or office locations. As a Lease Administrator, you will be responsible for interpreting, abstracting, and managing real estate leases and contracts, ensuring data accuracy, compliance, and operational excellence. This position emphasizes collaboration, data management, and process improvement within a dynamic team environment. If you are passionate about lease administration and eager to contribute to a reputable organization with a strong industry presence, we encourage you to apply by clicking the job application button below.
Lease Administrator - Summary- Serve as a key contributor to the commercial real estate team, focusing on lease administration rather than property management.
- Support the accurate interpretation, abstraction, and ongoing management of real estate leases and contracts across a diverse portfolio, including healthcare and office facilities.
- Collaborate closely with finance, legal, and other internal teams to ensure all lease data is kept current and compliant with industry standards.
- Provide mentorship and guidance to junior team members, sharing knowledge and best practices for departmental growth and efficiency.
- Interpret and abstract lease agreements and related documents for a variety of commercial properties.
- Review and audit lease documents to ensure correct tracking of rent, Common Area Maintenance (CAM), and Triple Net (NNN) charges.
- Calculate rent escalations, review lease options, and verify insurance provisions in alignment with agreements.
- Maintain and update lease databases, ensuring information is accurate, timely, and easily accessible.
- Coordinate with finance and legal departments to resolve discrepancies and maintain compliance with all contractual obligations.
- Mentor and train team members, supporting ongoing learning and process improvements within the department.
- Participate in the enhancement and streamlining of lease administration systems and workflows.
- Communicate professionally with internal and external stakeholders, providing updates and responding to lease-related inquiries.
- Competitive compensation package aligned with industry standards.
- Comprehensive benefits package, including medical, dental, and vision insurance.
- Access to additional benefits such as life insurance and an Employee Stock Ownership Program.
- Opportunities for professional development and career advancement within a supportive, team-oriented culture.
- Recognition as part of an award-winning organization with a proven track record in the commercial real estate industry.
- Extensive experience in commercial lease administration, with a demonstrated focus on healthcare, corporate, or office leases.
- Proficiency in interpreting complex lease language and performing CAM/NNN audits.
- Strong analytical and organizational skills, with a keen attention to detail.
- Ability to calculate rent increases and interpret lease options and insurance provisions accurately.
- Excellent verbal and written communication skills for effective collaboration with internal departments and external partners.
- Experience mentoring or training peers and contributing to process improvement initiatives is highly valued.
- Detail-oriented professional with a strong background in lease administration for commercial real estate.
- Comfortable working in a fast-paced, collaborative team environment.
- Proactive in identifying and implementing process improvements.
- Skilled at building relationships within and outside the organization to support business objectives.
- Adaptable, organized, and committed to maintaining high standards of accuracy and compliance.
- This Lease Administrator position offers the opportunity to work with an industry leader recognized for excellence and innovation.
- Team members enjoy a close-knit, supportive culture that values ongoing professional growth and collaboration.
- Working in Sacramento offers a blend of professional opportunities and a vibrant community environment.
- The company has received multiple client and talent awards, reflecting its commitment to both employees and clients.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. IDR is subject to certain governmental recordkeeping and reporting requirements for the administration of civil rights laws and regulations. In order to comply with these laws, we invite employees to voluntarily self-identify their race or ethnicity, gender, and veteran status (if applicable). Submission of this information is voluntary and refusal to provide it will not subject you to any adverse treatment. The information obtained will be kept confidential and may only be used in accordance with the provisions of applicable laws, executive orders, and regulations, including those that require the information to be summarized and reported to the federal government for civil rights enforcement. You may access this form here.
If you are ready to advance your career as a Lease Administrator and make a meaningful impact at a respected organization, we encourage you to apply today by clicking the job application button.