Strategic Lease Administration Lead

Cornerstone Companies

Indianapolis (IN)

On-site

USD 60,000 - 65,000

Full time

9 days ago
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Job summary

Cornerstone Companies, Inc. seeks an experienced Lease Administration Manager to support property management and accounting teams in a multi-state portfolio, ensuring lease data accuracy from abstraction to termination.

You translate complex commercial leases into actionable numbers, manage data in Yardi Voyager, and coordinate CAM reconciliations with the accounting group, driving revenue integrity. The role requires 5+ years in lease administration or property management, a 4-year degree, and

Qualifications

  • 5+ years of dedicated commercial lease administration or property management experience.
  • Deep understanding of commercial real estate terminology, contract structures, and lease nuances.
  • Bachelor’s degree in Real Estate, Finance, Business Administration, or related field (or equivalent practical experience)

Responsibilities

  • Analyze, interpret, and translate complex legal language from commercial lease agreements.
  • Abstract lease data into a database (rent escalations, renewal options, operating expense clauses, tenant responsibilities).
  • Setup Units and Square Footage for new buildings.
  • Review and enter new Leases/Tenants, including recurring charges.
  • Setup Late Fees for all Leases/Tenants.
  • Enter Lease Amendments and Modifications.
  • Update Indexation tables for CPI Increases.
  • Administer Deal Manager - move finalized leases to Yardi Voyager.
  • Setup CAM Reconciliations after lease review.
  • Support annual CAM reconciliations, audit requests, and revenue tracking.
  • Work with PMs on changes to Units, Leases/Tenants, Recurring Charges, CAM Reconciliations.
  • Coordinate with Accounting for changes to posted charges.
  • Enter Lease Terminations for past tenants.

Skills

Communication
Excel
PowerPoint
Word
Yardi Voyager

Education

Bachelor’s degree in Real Estate, Finance, Business Administration, or related field

Tools

Yardi Voyager
Deal Manager

Job description

Cornerstone Companies, Inc. seeks an experienced Lease Administration Manager to support property management and accounting teams in a multi-state portfolio, ensuring lease data accuracy from abstraction to termination.

You translate complex commercial leases into actionable numbers, manage data in Yardi Voyager, and coordinate CAM reconciliations with the accounting group, driving revenue integrity. The role requires 5+ years in lease administration or property management, a 4-year degree, and

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