Senior Transaction Manager - Remote Midwest
Job description
Posted
28-Mar-2022
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Transaction Management
Location(s)
Chicago - Illinois - United States of America, Cincinnati - Ohio - United States of America, Cleveland - Ohio - United States of America, Southfield - Michigan - United States of America, St. Louis - Missouri - United States of America
CBRE is the world's largest commercial real estate services firm and the #122 company on the Fortune 500. We're looking for a Senior Transaction Manager to join our team. This is a remote position, ideally located in the Midwest. Preferred cities include Cincinnati, Cleveland, Chicago, St. Louis, Detroit and Minneapolis.

JOB SUMMARY


Provides ongoing management of real estate transaction activities for a complex or high profile portfolio of properties on behalf of our corporate clients. Prepares, recommends, and implements a portfolio-wide transaction strategy for acquiring and disposing of real estate properties. Coordinates field resources and other stakeholders in the execution of lease renewals, new site acquisitions, disposition of surplus space through subleasing, sale renewals, early lease termination, and more.

ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Implements real estate plans with an understanding of the client's strategic real estate goals. Assists with project initiation and scope definition, prioritization of assignments, and adherence to client-driven priorities, commitments, and milestones.
  • Concurrently acts as landlord/seller agent and tenant/buyer agent and effectively negotiates the business terms and conditions for a wide variety of commercial real estate products, including land, office, retail and industrial.
  • Coordinates field broker selection and other required resources, subject matter experts, and business partners. If necessary, facilitates client review and approval of proposed team resources for the purpose of transaction execution.
  • Drafts and creates a large variety of analyses and relevant documents, including but not limited to: project initiation, market comparable reports, Requests for Proposals (RFPs), proposal comparison packages, letters of intent, and broker's opinions of value.
  • Coordinates the negotiation of sales through a field broker. Negotiates leases and lease amendments. Monitors lease expirations. Negotiates lease renewals within prescribed timeline. Locates and acquires new properties to meet client's requirements and timeline. Disposes of surplus properties within prescribed timeline.
  • Understands how to review, analyze, and interpret financial analysis templates including book and cash flow projections, NPV (net present value), and/or IRR (internal rate of return) financial analyses to enable clients to make more informed decisions.
  • Works closely with CBRE and/or client's Lease Administration, Project Management, Facility Management, and Finance/Accounting teams to ensure integration between the service lines.
  • Closely tracks all transaction activity (commissionable and non-commissionable), prepares commission forecasts and vouchers, and accounts for all savings results achieved on behalf of clients.
  • Monitors and maintains a real estate project tracking system to ensure timely transaction completion. Prepares reports and makes presentations to relevant parties.
  • Adheres to all state real estate agency requirements. Ensures compliance with CBRE's corporate policies as they relate to identifying and mitigating potential conflicts of interest.
  • Resolves landlord and tenant disputes.
  • Other duties may be assigned.

QUALIFICATIONS

  • Bachelor's degree in business or related field, MBA preferred.
  • 5+ years transaction experience, applicable industry tenure or similar combination of education and experience.
  • Real Estate Salesperson license within 90 days of hire.
  • Ability to comprehend, analyze, and interpret the most complex business documents.
  • Effectively responds to the most sensitive issues and advanced problems with strategic solutions.
  • Ability to write reports using distinctive style.
  • Effective and persuasive presentation ability on complex topics to employees, clients, top management and/or public groups.
  • Ability to motivate and negotiate effectively with key employees, top management, and client groups to take desired action.
  • Requires in-depth knowledge of financial terms and principles. Ability to calculate complex figures.
  • Ability to forecast and prepare budgets. Conducts financial/business analysis including the preparation of reports. Requires expert level analytical and quantitative skills.
  • Draws upon the analysis of others and makes recommendations that have a direct impact on the client.
  • Advanced computer software application (Microsoft Excel, Word, PowerPoint, Outlook, etc.) and Internet navigational skills.
  • Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously.


#INDSJ

CBRE is an equal opportunity/affirmative action employer with a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

NOTE: An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing.

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Company details

Employee

10000+

Revenue

$5B to $10B (USD)

Company Description
CBRE is the global leader in real estate services. Each year, we complete thousands of successful assignments - with clients from the gamut of industries. This volume creates market knowledge that allows us to seize opportunities, speed the business process and create the most thorough, precisely accurate picture of global commercial real estate conditions and trends. Every day, in markets around the globe, we apply our insight, experience, intelligence and resources to help clients make informed real estate decisions. We do not exist without our clients - and we never lose sight of this fact.
Company ratings
  • Overall
    3.7
  • Company & Benefits
    3.5 / 5
  • Culture & Values
    3.4 / 5
  • Career Opportunities
    3.2 / 5
  • Work/Life Balance
    3.6 / 5
  • Senior Management
    3.3 / 5
Company reviews
"Horrible account "
Former EmployeeTechnician
The worst company I’ve ever worked at. Their all about numbers not quality and definitely not safety, the say they are but that let way to much go. To much management, middle managers offer no experience and could care less about your safety. They allowed techs to work on electrical and HVAC with no knowledge of what they were doing.

"Buen ambiente de trabajo"
Current EmployeeTécnico/a en mantenimiento
Una empresa en la que aparentemente apuesta por la motivación del empleado, pero realmente eres un número y solo importan los ratios de productividad.
Pros:
Cons:

"Room for growth "
Current Employeerme
At CBRE we are consistently growing as a company creating a lot of opportunities to take your career to the level you desire. The access to learning and safety content is very extensive and useful.

"Need procedures in place at sites so Engineer knows what he has to do usually new site and no one knows very unprofessional"
Current EmployeeMobile Electrical Engineer
CBRE is fantastic to work for if you just walk into a building do nothing keep away and go home. If you want to do it properly you have to a have a file at each site for PPM and also for reactive work then you will be able to keep within the law and trace all work. It should be easy to set up accounts with exsisting contractors as this will help use people familiar on site and reactive time will be short. Managers should go to each site at least once every two weeks to see what they can do to clear any outstanding issues.
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