Senior Transaction Manager
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.
• 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.
• 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.
• 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