Real Estate Transaction Manager
Job ID
34786
Posted
23-Nov-2021
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Property Management, Sales & Leasing, Sales Support, Transaction Management
Location(s)
Toronto - Ontario - Canada

Provides ongoing management of real estate transaction activities for a defined portfolio of properties on behalf of our corporate clients. Prepares, recommends, and implements a portfolio-wide transaction strategy for acquiring and disposing of leased real estate properties. Coordinates field resources and other stakeholders in the execution of lease renewals, acquisition of new leases, disposition of surplus space through subleasing, , 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.

Can act either as landlord/seller agent and/or tenant/buyer agent and effectively negotiates the lease or license business terms and conditions for a wide variety of commercial real estate products, including land, office, retail and industrial.

Coordinates field broker efforts and other required resources, subject matter experts, and business partners.

Drafts and creates a large variety of analyses and relevant documents typical in commercial real estate, which include,  but not limited to: project initiation, market comparable reports, Requests for Proposals (RFPs), proposal comparison, letters of intent, and from time to time broker's opinions of value.

Negotiates new leases, lease amendments, and lease renewals within a prescribed timeline. Locates and acquires new properties to meet client's requirements and timeline.

Understands how to review, analyze, and interpret financial analysis templates, NPV (net present value), and/or other 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 can account for savings results achieved through negotiation on behalf of clients.

Monitors and provides input into a real estate transaction tracking system to ensure timely and transparent transaction completion. Prepares reports and makes presentations, when required, 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.

Can assist is resolving  landlord and tenant disputes.

Other duties may be assigned.


SUPERVISORY RESPONSIBILITIES  

No formal supervisory responsibilities in this position. Provides assistance and oversight such as technical guidance, and/or training to coworkers. May lead project teams and/or plan, and supervise assignments of lower level employees.


QUALIFICATIONS  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Full COVID-19 vaccination and/or approved weekly COVID-19 testing is a requirement for the role.


EDUCATION and EXPERIENCE  

Bachelor's degree (BA/BS) from four-year college or university and/or a minimum of 4 years of related experience and/or training.


CERTIFICATES and/or LICENSES  

Real Estate Council of Ontario Salesperson license.


COMMUNICATION SKILLS  

Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.


FINANCIAL KNOWLEDGE  

Requires knowledge of financial terms and principles. Conducts financial analysis.


REASONING ABILITY  

Ability to comprehend, analyze, and interpret complex documents (leases and licences). Ability to solve problems involving several options in situations. Requires analytical and quantitative skills.


OTHER SKILLS and ABILITIES  

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.


SCOPE OF RESPONSIBILITY  

Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause significant impact to client, co-workers, and supervisor.