Re*Lease Administration
Re Lease Administration provides a cloud-based lease management platform paired with full-service commercial real estate brokerage for healthcare groups, particularly dental service organizations. The platform automates lease abstraction, tracks critical dates with alerts up to three years in advance, and ensures ASC 842 and IFRS 16 accounting compliance, while the brokerage team negotiates favorable lease terms to prevent costly overpayments.
- Property Technology
- Software Only
- Enterprise Software
- Financial Technology
- Healthcare Technology
Funding
Founders
Founder details are not available yet.
Product
Problem
Healthcare groups with multiple locations struggle to manage commercial real estate portfolios using spreadsheets, leading to missed lease expiration deadlines and loss of negotiating leverage. Poorly negotiated lease renewals can cost dental service organizations hundreds of thousands to millions of dollars over a five-year term, yet 80% of practices attempt DIY negotiations without specialized expertise.
Solution
Re*Lease Administration provides a centralized, cloud-based real estate management platform paired with full-service brokerage support. The technology automates lease abstraction, tracks critical dates and obligations, and ensures compliance with ASC 842 and IFRS 16 accounting standards. The platform converts messy lease data into actionable oversight, while the experienced brokerage team leverages portfolio knowledge to negotiate favorable terms, tenant improvement allowances, and concessions. This combined approach helps organizations reduce overhead and avoid the costly consequences of missed deadlines or suboptimal lease agreements.
Target Audience
Primary customers are healthcare groups, particularly dental service organizations (DSOs) and multi-site dental practices, that manage large real estate portfolios and need specialized lease administration and negotiation expertise.
Features
- Lease abstraction and administration module that digitizes and centralizes key lease data from multi-location portfolios
- Lease accounting engine automating ASC 842 and IFRS 16 compliance, accurately recognizing lease assets and liabilities on balance sheets
- Critical date tracking with automated email alerts for lease expirations, with notifications available up to 3 years in advance
- Full-service national commercial real estate brokerage specializing in dental industry lease negotiations, including DeNovo, renewals, and practice acquisitions
- Site development and project management services coordinating architects, contractors, landlords, and clinical leadership for healthcare lease projects
- Facilities maintenance management with per-ticket work order pricing and CapEx project management for larger initiatives
- Data analysis capabilities to identify portfolio trends and task management tools for coordinating lease renewals or relocations
- Centralized document management for secure storage and access to all lease-related documents during negotiations or audits
- Cloud-based platform designed to replace spreadsheets for real estate oversight, acting as a single source of truth