Job Title
Transaction Manager
Job Description Summary
A Cushman & Wakefield multi-market team is seeking a self-motivated, detail-oriented, and process-driven professional to join our team. This position offers the opportunity to work with a high-performing team of real estate professionals supporting and advising global companies. Responsibilities include the day-to-day transaction management of a portfolio of properties on behalf of one or more national and/or global clients, market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product, and financial analysis for the team and clients.
Job Description
Job Description
- Assist with the implementation of portfolio plans that align with clients' real estate goals and objectives. Monitor critical lease dates and proactively provide updates to the broker team.
- Collaborate with C&W and non-C&W brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions, including lease, sale, sublease, and purchase transactions. Coordinate client deliverables with in-state and out-of-state broker teams. Ensure final deliverables are aligned with broker team expectations.
- Analyze lease documents, building and market information, and assumptions to create occupancy cost analyses for clients.
- Create comprehensive lease abstracts.
- Utilize various platforms to monitor large client portfolios.
- Manage the flow of key documentation and client communications. Create and interpret financial analyses for Industrial and Office tenant representation transactions (cash flow analysis, sublease analysis, lease vs. buy, etc.).
- Create a summary of proposals and interpret key deal points that have a financial impact for the client over the life of a deal.
- Oversee revenue tracking of all transactions. Report on day-to-day activities of the broker team on behalf of the client.
- Maintain a database of transaction activity.
- Ensure accuracy of all transaction reports.
- Present transaction activity to clients.
- Lead and/or facilitate client meetings.
- Provide suggestions for process and technical improvements relating to the transaction process.
Process Management
- Assist with the development of standard forms and procedures.
- Implement standardized processes/playbooks that create maximum efficiencies and add value.
- Assist in measuring transactional performance.
- Ensure that all client and broker engagement documentation is executed.
Transaction Management
- Coordinate the field broker selection process.
- Assist with determining client needs and communicating project parameters.
- Coordinate the negotiation and management of transactions.
- Coordinate legal review of all client leased/owned documents.
- Ensure accuracy of financial data and reporting.
- Resolve landlord/tenant disputes.
- Coordinate client site visits/market tours.
- Ensure all state real estate regulatory standards are met.
- Assist in the management of client rebate accounts.
Strategic Planning
- Assist in the development of strategic real estate plans.
- Identify occupancy cost opportunities.
- Ensure implementation of agreed-upon strategies.
- Produce and/or support business case development.
- Execute strategies by developing action plans.
- Perform other related duties as required or requested.
Additional Eligibility Qualifications
- Must obtain and hold a state real estate salesperson license in the state of Illinois.
- In-office presence required five (5) days per week.
- Minimum of 4 years of real estate experience in transaction management or corporate real estate - tenant representation.
- Ability to read and understand commercial real estate transaction documents, such as leases, purchase & sale agreements, sublease agreements, SNDAs, estoppels, assignment agreements, etc.
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 110,500.00 - $130,000.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or emailAccommodations@cushwake.com. Please refer to the job title and job location when you contact us.
INCO: "Cushman & Wakefield"