Transaction Manager

Position Summary

The Transaction Manager position will oversee operational aspects of a complex and/or prominent portfolio of properties on behalf of one or more clients. Responsibilities include executing real estate projects, negotiating business terms, researching properties, preparing financial analyses, and assisting with market and demographic information.

Position Essential Functions

• Execute real estate projects with an understanding of the client's real estate goals.
• Negotiate exceptional business terms and conditions for a wide variety of commercial real estate projects, principally focused on leasing of office and retail premises.
• Research properties, owners, landlords, and markets to gain appropriate understanding and insight to achieve exceptional results.
• Use research tools and perform independent research as needed on real estate projects.
• Co-operating broker identification, qualification and selection as needed.
• Effectively work with other brokers within Transwestern and outside Transwestern to achieve timely, economic, and high-quality results.
• Prepare commission forecasts and vouchers.
• Draft and review property options surveys, market comparable reports, Requests for Proposals (RFPs), responses to proposals (counters), proposal comparison documents, lease abstracts, and letters of intent.
• Review, analyze, and interpret financial analyses including cash and accounting financial projections, NPV (net present value), and IRR (internal rate of return) analyses.
• Help prepare individual project and complete portfolio budgets.
• Work closely with client to obtain direction, collect needed information, provide analyses, and make recommendations, and in conjunction with the client’s broader organization such as Lease Administration, Project Management, Facility Management, Legal, etc. as needed to execute transactions.
• Clearly define, with client, each project’s scope including space and time metrics and criteria, geographic parameters, financial resources and constraints, and critical date-specific deadlines, early in the project’s development.
• Diligently and promptly maintain project process / management data in Transwestern team’s project management software platform.
• Prepare reports and make presentations on projects status.
• Avoid accounting tasks including pipeline entries, deal sheets, invoices, XRM reports and similar items.
• Maintain professional, positive, and proactive performance at all times.
• Absorb other Brokerage and assignments as available as needed.

Position Requirements

• A bachelor’s degree in business, economics, real estate, or related field preferred.
• A minimum of 3-5 years of experience and/or training. Internship in the commercial real estate industry is acceptable.
• Real Estate Salesperson license preferred or willing to obtain.
• Advanced proficiency with Microsoft Word, Excel, PowerPoint, and Adobe.
• Knowledge of CoStar and other related CRE listing software. Argus or similar real estate financial analysis software and GIS, visualization software is a plus.
• Financial, analytical and reporting skills.
• Modeling complex occupancy scenarios, including multi-facility consolidations, city plans and metro area consolidations.
• Excellent writing skills to prepare complete and accurate reporting.
• Excellent oral communication skills to represent the company and maintain the Company’s image.
• Strong organizational skills, creativity, and interpersonal skills.
• Must listen actively and attentively, capturing accurately and completely relevant and valuable information, and gaining insight into others needs and motivations.
• Must be able to read complex, lengthy documents to derive needed information and make appropriate interpretations.
• Must be able to be persuasive, using rational and behavioral approaches, to achieve objectives and gain needed direction.
• Ability to analyze qualitative and quantitative information and translate into strategic deliverables.
• Must be able to work independently and with minimal supervision.
• Resourceful approach to effectively managing workloads to meet deadlines, while delivering high-quality work in a fast-paced environment.
• Ability to maintain discretion regarding personnel and industry-related matters.
• A strong work ethic and sense of responsibility, reliability, responsiveness and customer service.