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Senior Transaction Manager

Decron Properties Los Angeles, CA
  • Expired: over a month ago. Applications are no longer accepted.

Senior Transaction Manager

JOB DESCRIPTION

The Senior Transaction Manager will be part of the Transaction Team and responsible for closing various types of real estate transactions including acquisitions, dispositions, financings, and equity and partnership structuring. The ideal candidate will understand loan documents, partnership agreements, organization structure, entity formation and corporate registration, and purchase and sale documents, and have experience working on multiple real estate transactions simultaneously. In addition, the candidate will have experience conducting asset due diligence, underwriting commercial real estate properties, and overseeing critical process driven tasks to drive transactions to closing.

JOB RESPONSIBILITIES

Financings:

• Lead deal processing from application to closing, including the coordination and review of third-party reports; the collection of borrower/property level due diligence; coordinating with lender’s counsel and title/ Survey Review, compiling signature pages and obtaining authorized party signatures
• Order and review third-party Appraisals, Engineering Reports, Seismic Reports, Phase I Environmental Assessments and Operations and Maintenance (O & M) Reports.
• Coordinate review of 3rd Party Reports with Property Management and Asset Management.
• Maintain checklist of closing items and track items on a weekly basis to ensure satisfaction prior to close.
• Maintain organized and fully documented files on all loans.

Acquisitions/Dispositions:
• Serve as a single point of contact (i.e. transaction coordinator) liaising between Broker, Buyer/Seller, and Operations.
• Assist in preparing the due diligence materials and coordinating its delivery to the Buyer during the sale process.
• Maintain checklist of closing items, including PSA required items and Operation closing items.
• Maintain seller, buyer, or diligence team war rooms and transferring documents into document management system.

Requirements:
• Highly organized
• Ability to communicate clearly and concisely
• Strong written and verbal skills
• Ability to manage expectations, informing colleagues of potential delays due to conflicting priorities or informing colleagues of upcoming deadlines needed to meet the transaction’s timeline.
• At least five years’ experience working at a Commercial Mortgage Bank or Agency Lender (Fannie Mae or Freddie Mac) as an underwriter or an analyst

Decron Properties

With its corporate office in Los Angeles, Decron Properties remains true to its origins. We began and we remain, first and foremost, builders. Even though our business continues to evolve, the role of is still an apt metaphor for our vision and culture. Builders create and maintain a legacy that endures and appreciates over time. Builders are all about enhancing and adding value. From ground up development to value-add/rehab to asset repositioning, our investment and business strategy is deeply anchored in value creation. At Decron Properties, we take ownership of, responsibility for, and pride in all our projects. This approach allows us to create lasting value for our residents, tenants, employees, and investors. Our company experienced a storied first 55 years. We look forward to continued growth and success in the decades to come.

Address

6222 Wilshire Blvd. Los Angeles CA 90048
Los Angeles, CA
USA

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