Manager, Transaction Management
About The Position
The Manager, Transaction Management supports due diligence and closing coordination for acquisitions, dispositions, and debt capital markets transactions. Reporting to a Director of Transaction Management, this role leads due diligence for assigned acquisitions and dispositions, reviews property documents, and coordinates due diligence tours and third-party vendors. The Manager serves as a primary point of contact for sellers on acquisitions and for brokers and buyers on dispositions, coordinating with Blackstone’s transaction team and AIR teams across investments, debt capital markets, portfolio strategy, asset management, operations, legal, tax, accounting, risk, marketing, capex, and other functions. The position also assists with closing activities in coordination with outside counsel and supports onboarding and offboarding assets. The role is onsite and may be based in AIR’s New York, Denver, Chicago, Dallas, Atlanta, Los Angeles, or Bethesda offices. Minimal travel is required.
Requirements
- At least 5 years of relevant real estate experience, including asset management, operations, transactions, acquisitions, or dispositions.
- Experience managing others.
- Superior analytical skills and proficiency in Excel and Microsoft Office applications.
- Strong verbal and written communication skills.
- Highly organized, motivated, energetic, and independent, with strong interpersonal skills.
- Demonstrated track record of high achievement in demanding professional and academic settings.
- Excellent references.
- Passion for real estate and investing.
Nice To Haves
- Bachelor’s degree in a related field preferred.
- Experience in multifamily real estate and transactions preferred.
Responsibilities
- Coordinate all aspects of due diligence for multifamily acquisitions, including preparation, onsite visits, internal review calls, document review, closing preparation, closing, and post-closing activities.
- Coordinate all phases of the disposition process, including market preparation, marketing, call of offers, buyer selection, contract, and closing.
- Manage the broker opinion of value (BOV) process, including preparing property materials, assisting with property questions, managing timelines, and submitting BOVs to Blackstone for review.
- Review property documents and coordinate due diligence, tours, and third-party vendors.
- Review third-party reports and seller-provided statements of operations.
- Schedule investment due diligence related to operational performance.
- Communicate with the Investments team about deal timelines and notable items.
- Serve as the main point of contact with buyers and/or sellers throughout the life of a deal.
- Coordinate with AIR departments to support asset onboarding and offboarding.
- Assist with closing activities in coordination with outside counsel.
- Manage one or two direct reports.
- Perform targeted projects.
Benefits
- 25% rent discount at an AIR community, subject to application and exclusions.
- Medical, dental, vision, and life insurance options.
- HSA/FSA plans.
- Company-paid short- and long-term disability.
- 401(k) plan with up to 6% employer contribution.
- Paid time off, including vacation, sick time, and 14 holidays.
- Paid parental leave of up to 16 weeks.
- Tuition assistance and up to 100% reimbursement for job-related certifications and licenses.
- 15 hours of paid community-service time annually.
- Commuter benefits.
- Pet insurance.
- Consumer discounts on various products and services.
- Professional development, leadership training, and career-growth opportunities.
- Annual target bonus.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
