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Transaction Manager

  • ... Cushman & Wakefield
  • ... New York, New York, United States
  • ... Full time
  • ... Salary: 80000 per year
  • Posted on: Feb 29, 2024

Transaction Manager   

JOB TITLE:

Transaction Manager

JOB TYPE:

Full-time

JOB LOCATION:

New York New York United States

No

JOB DESCRIPTION:

Full job description

Job Title

Transaction Manager

Job Description Summary

Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one national and/or global occupier services client. Responsibilities include LOI & lease negotiation, market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product.

Job Description

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
General:
  • Assist with the implementation of portfolio plans that align with clients real estate goals and objectives
  • 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
  • Manage the flow of key documentation and client communications
  • Review, and interpret financial analysis
  • Oversee revenue tracking of all transactions
  • Maintain database of transaction activity
  • Ensure accuracy of all transaction reports
  • Present transaction activity to client
  • Lead and/or facilitate client meetings
  • Provide suggestions for process and technical improvements relating to the transaction process
  • Assist with the on-boarding of new team members
  • May provide supervision for transactional team members and others team members supporting the
transaction activity of the relationship
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 field broker selection process
  • Assist with determining client needs and communicate project parameters
  • Coordinate negotiations and management of transactions
  • Coordinate legal review of all client leased/owned documents
  • Ensure accuracy of financial data and reporting
  • Coordinate client site visits/market tours
  • Ensure all State real estate standards are met
Strategic Planning:
  • Assist in the development of strategic real estate plans
  • Identify occupancy cost opportunities
  • Ensure implementation of agreed upon strategy
  • Produce and/or support business case development
  • Execute strategies by developing action plans

KEY COMPETENCIES
1. Client Service Skills
2. Communication Proficiency (oral and written)
3. Financial Analysis
4. Negotiation Skills
5. Organization Skills
6. Teamwork Orientation
7. Multi-Tasking

IMPORTANT EDUCATION
  • Bachelors degree (BA/BS) required in any field; finance/real estate preferred
IMPORTANT EXPERIENCE
  • 3+ years of real estate experience in transactions management or corporate real estate
ADDITIONAL ELIGIBILITY QUALIFICATIONS
  • Must obtain and hold state real estate salesperson license
  • LEED, MCR, CCIM designations are a plus
  • Ability to read and understand commercial real estate transaction documents, such as a lease, purchase & sale agreement, sublease agreement, SNDA, estoppel, assignment agreement, 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 candidates experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $68,000.00 - $80,000.00

Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.

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 email HRServices@cushwake.com. Please refer to the job title and job location when you contact us.

Position Details

POSTED:

Feb 29, 2024

EMPLOYMENT:

Full-time

SALARY:

80000 per year

SNAPRECRUIT ID:

S-1709841265-8da01cbcec924fe7b7ab1fb29d0b241e

LOCATION:

New York United States

CITY:

New York

Job Origin:

jpick2

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Full job description

Job Title

Transaction Manager

Job Description Summary

Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one national and/or global occupier services client. Responsibilities include LOI & lease negotiation, market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product.

Job Description

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
General:
  • Assist with the implementation of portfolio plans that align with clients real estate goals and objectives
  • 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
  • Manage the flow of key documentation and client communications
  • Review, and interpret financial analysis
  • Oversee revenue tracking of all transactions
  • Maintain database of transaction activity
  • Ensure accuracy of all transaction reports
  • Present transaction activity to client
  • Lead and/or facilitate client meetings
  • Provide suggestions for process and technical improvements relating to the transaction process
  • Assist with the on-boarding of new team members
  • May provide supervision for transactional team members and others team members supporting the
transaction activity of the relationship
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 field broker selection process
  • Assist with determining client needs and communicate project parameters
  • Coordinate negotiations and management of transactions
  • Coordinate legal review of all client leased/owned documents
  • Ensure accuracy of financial data and reporting
  • Coordinate client site visits/market tours
  • Ensure all State real estate standards are met
Strategic Planning:
  • Assist in the development of strategic real estate plans
  • Identify occupancy cost opportunities
  • Ensure implementation of agreed upon strategy
  • Produce and/or support business case development
  • Execute strategies by developing action plans

KEY COMPETENCIES
1. Client Service Skills
2. Communication Proficiency (oral and written)
3. Financial Analysis
4. Negotiation Skills
5. Organization Skills
6. Teamwork Orientation
7. Multi-Tasking

IMPORTANT EDUCATION
  • Bachelors degree (BA/BS) required in any field; finance/real estate preferred
IMPORTANT EXPERIENCE
  • 3+ years of real estate experience in transactions management or corporate real estate
ADDITIONAL ELIGIBILITY QUALIFICATIONS
  • Must obtain and hold state real estate salesperson license
  • LEED, MCR, CCIM designations are a plus
  • Ability to read and understand commercial real estate transaction documents, such as a lease, purchase & sale agreement, sublease agreement, SNDA, estoppel, assignment agreement, 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 candidates experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $68,000.00 - $80,000.00

Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.

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 email HRServices@cushwake.com. Please refer to the job title and job location when you contact us.

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