Senior Transaction Manager

CresaChicago, IL
12d

About The Position

At Cresa, we believe our clients deserve better. A better space to work, create, build, grow. A better outcome for their people and organization. A better partner who puts their needs first, helping them navigate the landscape, tilting the playing field in their favor and giving them an insider’s edge. Our mission is to find and foster the best environment for every business. Our purpose is to think beyond space - strengthening those we serve and enhancing quality of life for our clients and employees. We are built to champion our clients’ aspirations through real estate. When considering partnership, we strive to connect with those who share our values: Work Together, Create Value, Be Tenacious, Enhance Community, and Embrace Diversity . We believe in being the change. We work together to find new ways of doing things that create value for our clients — and for each other. Because there is not much that feels better than collaborating to make a positive difference each day. At Cresa, we offer an opportunity to be part of something bigger. To learn, advance, mentor and be recognized. Your voice will be heard, and you will be valued for both your individual and team contributions. Summary Management of end-to-end real estate transaction activities for complex or high-profile portfolio of properties on behalf of our corporate clients. This role manages internal and external resources and other stakeholders in the execution of lease renewals, new site acquisitions, disposal of excess space through subleasing, sale, and alternative transaction strategies.

Requirements

  • Active Real Estate License required in the state of residence.
  • Strong writing, editing and proofreading skills – attention to detail is critical.
  • Excellent project management and organizational skills.
  • Strong interpersonal skills and proven experience working with cross-functional teams.
  • Highly proficient in Microsoft Office (Word, Excel, PowerPoint).
  • Ability to work across multiple time zones to accommodate global initiatives.
  • Associate/Bachelor’s Degree in Business, Finance, Economics and/or equivalent experience.
  • 6+ years of experience in real-estate transactions; minimum 5 years of portfolio management experience.
  • Both industrial and office experience required with retail experience preferred.

Nice To Haves

  • Retail experience preferred.
  • Experience with Smartsheet and other project management/workflow management tools preferred.
  • The ideal candidate will have real estate development, business, finance and strategy experience that enables them to foster proactive engagement and develop innovative options for our clients.

Responsibilities

  • Lead and direct real estate transactions from beginning to end including complex site selection, financial analysis, contract negotiations, zoning and entitlements, and site development.
  • Manage multiple projects, tasks and stakeholders concurrently and in an organized manner.
  • Incorporate clients’ business drivers, market intelligence and challenges to manage complex transactions and demonstrate value.
  • Develop a wide range of considerations and relevant documents, including but not limited to project initiation forms (PIFs), market comparable reports, Broker Opinions of Value (BOVs), Requests for Proposals (RFPs), location comparison packages, letters of intent, and broker's opinions of value.
  • Examine, analyze, and interpret complex financial assessments including NPV (net present value), cash flow projections and IRR (internal rate of return) to advise clients accordingly.
  • Prepare, recommending, and implementing a portfolio-wide transaction strategy for acquiring and disposing of real estate properties.
  • Effectively interact with senior stakeholders in the clients’ organization (Finance, IT, Procurement, HR, Construction, Legal, Tax, etc)
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