Transaction Manager
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About the role
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern. Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions. Transwestern is built on a common purpose - Empowering Good People to do Extraordinary Things Together . We are committed to the hiring of smart, passionate, hard-working people who understand the benefits of both collaboration and independence. POSITION SUMMARY: The Transaction Manager position will be responsible for the operational oversight for a complex and/or prominent portfolio of properties on behalf of one or more clients. The Transaction Manager will support simple lease acquisitions and dispositions, research companies, landlords, and potential subtenants. Gather and evaluate real estate market and property data; this can include conducting market calls, previewing space opportunities, developing fact sheets and tour books, and gathering photos and floor plans as necessary. It is also the responsibility of the Transaction Manager not only to exhibit legendary customer service when communicating with clients, owners, vendors, and fellow team members but also to focus on productivity and results. POSITION ESSENTIAL FUNCTIONS Execute real estate projects with an understanding of the client's real estate goals. Projects may include property sales and purchases, leases, subleases, related lease amendments, licenses, and serviced office and co-working space agreements. 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. Perform 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 deadline, 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. Assist in the preparation of market and demographic information for use in presentations and meetings, speak to market information. Complete accounting tasks including pipeline entries, deal sheets, invoices, XRM reports and similar items. Maintain professional, positive, and proactive performance at all times. Assist 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 w
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