Transaction Real Estate Job Description
Transaction Real Estate Duties & Responsibilities
To write an effective transaction real estate job description, begin by listing detailed duties, responsibilities and expectations. We have included transaction real estate job description templates that you can modify and use.
Sample responsibilities for this position include:
Transaction Real Estate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Transaction Real Estate
List any licenses or certifications required by the position: CPA, LEED, CFA, CCIM
Education for Transaction Real Estate
Typically a job would require a certain level of education.
Employers hiring for the transaction real estate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Real Estate, Finance, Business, Accounting, Management, Business/Administration, Engineering, Graduate, Architecture, Economics
Skills for Transaction Real Estate
Desired skills for transaction real estate include:
Desired experience for transaction real estate includes:
Transaction Real Estate Examples
Transaction Real Estate Job Description
- Providing Fund Managers and other colleagues with summaries, recommendations and other interpretive reports as required
- Collaborating with internal teams and external parties to suggest and implement process improvements and innovations that will increase investment opportunities, promote efficiencies and improve UK Direct real estate portfolio performance
- Collaborating with colleagues (Head of Transactions, UK Direct Fund Managers, Asset Managers and Heads of Sectors) to source, create and acquire suitable investment products that are in accordance with stated fund strategies
- Identifying and implementing sales - where appropriate – that are in accordance with stated fund strategies
- Leading the entire transaction process, for both sales and acquisitions
- Working with the Fund Analysis team to perform high quality financial modelling and market analysis
- Providing Senior colleagues, Fund Managers and other colleagues with summaries, recommendations and other interpretive reports as required
- Collaborating with senior colleagues, internal teams and external parties to help implement process improvements and innovations that will increase investment opportunities promote efficiencies and improve UK Direct real estate portfolio performance
- Collaborating with colleagues (Head of Transactions, Senior Transaction Manager, UK Direct Fund Managers, Asset Managers and Heads of Sectors) to source, create and acquire suitable investment products that are in accordance with stated fund strategies
- Manage new and renewal lease transaction process including market surveys, , site identification and selection, presenting comparative analysis, and recommendations
- Interpersonal skills (lead teams, coaching, collaborating easily with clients and management)
- Prior experience in real estate finance preferred
- 2-3 years prior experience in real estate finance preferred
- Review and adhere to lease obligations
- Thorough working knowledge of finance (Net Present Value, IRR, P&L Impact, Book vs
- Minimum of 5 years of relevant commercial real estate finance experience
Transaction Real Estate Job Description
- Work closely with internal parties including Project Managers, Business Unit leadership, Legal, Risk Management, Finance and IT associates
- Provide high level of customer service and attention to client(s) and vendors, ensuring a positive customer experience
- Developing and maintaining relationships with industry stakehloders including
- Develops and maintains accurate and up-to-date lease action plans for all stores within company portfolio in database
- Prepares real estate approval packages for all new and relocated sites, including executive summary, proformas, competitor information, market data, Works with field to gather needed information and complete forecasts
- Manages the disposition of company surplus properties, including marketing, sublease negotiation, account receivable collection, Partners with brokers to find new tenant and negotiates lease agreement
- Partner with the controls organization in driving the strategic agenda to improve the control framework execution of tactical steps
- Contribute to global transaction strategy, processes and methodology (including level of outsourcing), global initiatives
- Present strategic opportunities (portfolio analysis, market trends, ) to businesses
- Deliver flawless, and generate value through end-to-end Workplace Solutions project execution, in close cooperation with the selected Real Estate Service Provider (RESP), and other third party partners
- Knowledge of loan structuring for various types of credit products with the ability to create varied financial models
- Knowledge of loan documentation for CMBS and balance sheet lending
- Ability to understand and communicate complex deal structures
- Work closely with the Regional Transaction head in preparing the real estate strategic plans
- Manage the lease administration and reporting process working with the service providers and in flagging upcoming lease expiries in a timely manner
- Provide support for the competitive landscape analysis portfolio pricing/positioning, current vs market
Transaction Real Estate Job Description
- Own/manage lease negotiations to achieve best possible transaction outcome, leveraging external brokers (as needed), and counsel from internal and external Legal representatives
- Identify and Recommend opportunistic transactions outside of pipeline based on market conditions
- Embed NCE principles and way of working in Real Estate and Integrated Facilities Management activities (OMP, Reviews)
- Retains and manages outside real estate brokers and legal counsel for leasing activity
- Develop transaction strategies to reduce square footage, maximize efficiencies and reduce costs
- Prepare and recommend leasing and disposition strategies, which will include collaborating with colleagues to ensure the seamless execution of renewals, relocations, downsizes, de novos, subleases, early terminations
- Partner with project management, facilities, legal, space planning and finance to ensure coordination
- Negotiate lease terms for optimal deal quality
- Prepare approval forms, obtain and analyze market comparables, and ensure compliance with bank requirements
- Prepare LOI’s and partner with team to insure economics are sound, and that the business unit can effectively operate
- Lease data analysis and reporting (5+ years)
- Consultant, vendor or team management (5+ years)
- College diploma, advanced degree in business or real estate a plus
- Bachelor's degree and a minimum of 7-10 years’ experience in commercial real estate and leasing management, real estate broker’s or associate’s license is an asset
- Build effective business partnerships
- Understand the business and apply key learnings successfully
Transaction Real Estate Job Description
- Manage analytics and project tracking to ensure effective construction and contracting
- Manage relationships with key stakeholders (internal and external)
- Monitor critical dates and adhere to timelines
- Manage transactions to a timely completion and complete all required documentation (agency agreements, market surveys, financial analyses, managerial reports, amendments and lease documentation)
- Review/negotiate business terms and recommend optimum courses of action
- Manage and/or coordinate communications with the Client’s internal real estate operations and construction teams and with external real estate resources such as sub-brokers, landlord representatives and architects
- Input and regularly update transaction data in Client’s transaction management database
- Prepare transaction reports, internal/external correspondence and organize all documentation
- Provide feedback to GREF senior leadership on improvement/simplification opportunities
- Lead Master planning process
- Knowledge of current retailer environment and both mass market and luxury brands
- Seeking an Associate-level or junior VP-level candidate
- BA, Business, Finance or related field
- MCR or CCIM designation preferred
- Undergraduate degree in Business, Finance, Accounting or a related field
- Bachelor’s Degree in Business, Finance, Corporate Real Estate or related field is preferred
Transaction Real Estate Job Description
- Identify of lease actions or real estate actions
- Manage lease action dates within an appropriate time horizon via notification to GREWE Relationship Leaders and the Business Unit (BU), meeting with GREWE and the BU to understand the real estate action, coordination of discussions to understand the BU strategy, running comparative analyses to outline qualitative and quantitative aspects of various alternatives and supporting the decision making progress relative to determination of the optimal solution
- Monitor lease expirations, and negotiate lease renewals within prescribed timeline
- Manage all landlord, external broker and site selection relationships
- Oversee site selection/site evaluation, and generate recommendations working with regional GREWE Relationship Leaders (RL)
- Manages transaction and portfolio reviews with GREWE Relationship Leaders and LOB stakeholders and recommend negotiation options and strategies to the decision-maker(s)
- Engage and manage external brokers to identify sites (if buying or leasing new space) or external brokers to market property (if selling) and coordinate the negotiations of sales through a field broker
- Regularly compile updates, and present market analysis to regional VP/Relationship Lead
- Manage and oversee all lease termination obligations, for example returning premises to original conditions, and work with Design & Construction / Facilities Management to develop restoration per obligation
- Documentation of the defined solution via a real estate execution document (REED) that is distributed to all stake holders to ensure clarity on approach, next steps and key milestones
- Lease negotiation and real estate deal making (7-10 years)
- 3 - 4 years of professional experience in Financial Advisory / Audit (preferably B4 experience)
- Strong accounting / financial analysis background and experience in financial due diligence projects especially in real estate sector
- Professional Certification - Chartered Accountant, ACCA (or reasonably close to finishing)
- Fluent in English (verbal and written), Polish language will be an advantage
- 2 - 3 years of professional experience in Financial Advisory / Audit (preferably B4 experience), especially in real estate sector