Location: Pacific Northwest, Midwest, or Southwest USA; Hybrid Role What this job involves – Our Transaction Management team helps clients strategize, evaluate, and execute real estate transactions to meet their business and occupancy needs.
Our Sr. Transaction Manager will manage and execute complex disposition transactions while fostering client relationships and business growth.
This position will be responsible for overseeing regular reporting, running broker opinions of value, forecasts/budgets, managing brokers and other key transaction team members, driving continuous process improvements, and executing dispositions seamlessly across a region.
The successful individual will lead all facets of overseeing timelines, critical dates, and coordinating closings with all key stakeholders to meet original forecasts.
The role will include a relationship management component and the ability to work across functional areas to identify new pipeline projects throughout the organization.
This position works independently or as part of a team; will supervise or manage the workload of Analysts and possibly other Transaction Managers.
This position will also work on and will be asked to direct special projects/assignments as needed.
Our Sr. Transaction Manager will manage and work with professionals across a wide variety of disciplines and functional areas.
Demonstrated experience in managing complex projects to successful outcomes is paramount.
Ability to think strategically and act proactively.
Creates strong client trust and confidence.
Helps team foster growth of junior talent.
Manage Client Relationships Assume key transaction responsibilities for strategic client as well as portfolio level strategy Provide advice on client transactions and most optimal execution path for certainty to close Provide opinion and advice on prioritizing projects, tasks, and deliverables for client and other team members to keep all project pipeline goals on plan, if off-plan to catch-back Attend regular client meetings and conference calls Run a relationship management and research program to identify new pipeline and report on key successes of the team Mine and research portfolio as well as market for opportunities to surplus assets and tag assets with disposition strategy and other key metrics for reporting Continuously improve client transaction management processes and reporting Work directly with clients and team members to stay on schedule Manage building tours with the client and all coordination across all functions on a disposition including legal, environmental, diligence, decommissioning, IT, security, leadership, public relations, and other key functional areas (as applicable) Manage transaction reporting to the client and all key stakeholders (regional, divisional, functional) Manage all disposition tracking, close-out, and coordination for smooth execution timely Transactions Support Prepare market information for the surplus properties, including estimated values, planning & zoning information, general market trends and data, property strengths and weaknesses, etc.
Prepare and manage go-to-market plans for each property, bundle, or project including defining the most optimal disposition marketing approach or tactic in coordination with client team Independently manage and execute complex, large, mid-size, and small transactions with high level of proficiency and knowledge Deliver measurable value by negotiating favourable economic terms for the client, providing insights and thought leadership on best practices on deal structuring Support client and oversee the management of all pre-sales processes including following up with various vendors or other departments on diligence, title, survey, regulatory, etc.
Review existing templates, process, and playbook while continually innovating and updating to most optimally and efficiently dispose of assets Coordinate with counsel, environmental, decommissioning team, IT, functional areas, and other SMEs on deal structuring and process Work with IT to customize reports, dashboards, and analytics specific to account team usage as well as distributions to all key stakeholders at various levels within the client organization Assist Client in developing and implementing the pipeline plan of transactions annually to meet goals/targets while adhering to Jones Lang LaSalle's and the Client's processes and standards for expertise and professionalism Gather all key financial information on assets including holding costs, taxes, book value, etc.
Actively monitor and report on progress of assigned transactions as well as those of direct reports Collect client requirements, obtain market data, review market reports, retain real estate broker partners, oversee identifying new pipeline properties, and prioritizing dispositions, create requests for proposals (RFPs), negotiate letters of intent, purchase and sale agreements, closing checklists, and prepare approval packages for client's senior management Work with and support client on all regulatory processes, forms, and steps to ensure 100% compliance on all transactions to all requirements Engagement of and management of all local brokerage resources leveraging a best broker model to ensure the right talent by property Coordinate in-house and contractors to prepare conveyance deeds, easements for reserved rights, confirm subdivision map act compliance, etc.
Develop cost savings strategies, develop and evaluate alternative solutions and financial structures, and refine existing transaction processes and procedures Review closing statements for accuracy and progress closing; review Dealio for accuracy and assure it is updated regularly Follow-through to manage closing timelines, checklist, and closing process to drive certainty to close on pipeline Interested?
An ideal candidate would need to have the following qualifications: Required A Bachelor's degree is required, Masters, MBA or other advanced degree is strongly preferred.
5-8 years of relevant work experience with at least 4-8 years as a Transaction Manager, CRE experience.
Seasoned transaction management experience with proven skills in contract review and lease/purchase and sale negotiations.
Experience working with corporate clients to achieve real estate objectives.
Solid understanding of financial and accounting impacts.
Strong verbal and written communication and presentation skills.
Excellent negotiating, analytical, communication, collaboration, organization/planning, and process skills.
Strong ability to interpret and communicate business intelligence/data analytics.
Outstanding client service skills.
Proven ability to manage a team.
Coach and develop direct reports to reach full potential, lead a diverse team.
If this job description resonates with you, we encourage you to apply even if you don't meet all the requirements.
We're interested in getting to know you and what you bring to the table!
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