Transaction Manager

Job SummaryThis position is responsible for the day-to-day transaction management. Administrative responsibilities include drafting LOI, providing schedules for contracts, coordination of due diligence material, calendar management, monitoring internal/external workflows to ensure consistent quality of service and work product. Key ResponsibilitiesDispositions - Maintain disposition pipeline, actively engage with Operations to ensure leasing and management activities are occurring in concert with a planned disposition Coordinate BOV process with outside brokers and provide appropriate materials Prepare hold/sell materials and work with SVP to submit to Investment Committee Review offering memorandums for accuracy and messaging Liaise heavily with property management and accounting to address Tenant issues pre-marketing and throughout Buyer's diligence; act as a strategic buffer between property operations and buyerCoordinate all document execution (CA's, LOI's, Access Agreements, PSA, Estoppels, SNDA's, etc.)Coordinate internally with Capital Markets to ensure asset's loan is prepared for salePrepare prorations, review closing CAM reconciliation, closing statement. Work with attorneys and title company to ensure buyer and seller parties have appropriate items in place for closing Ensure post-closing obligations are occurring in concert with contract requirements; ensure entity dissolution occurs as neededAcquisitions -Oversee engagement and scheduling third party vendors (physical, environmental, property tax, zoning, lease abstracts, ADA, Property Insurance, etc.), collaborating with Director of Construction as neededResponsible for all due diligence; ensure all questions are answered and ensure information flow is efficient. Bring material matters to SVP's attentionWork with leasing, property management, and accounting post-closing to ensure successful onboarding and drafting transition memosAssist in preparation of underwriting and other associated materials Oversee all closing mechanics (document review, closing statement, etc.) and coordinate resources to satisfy closing conditionsWork with accounting post-closing to ensure post-closing conditions are met relative to funds per contractOther - Coordinate with legal counsel to ensure transactions are completed in a tax efficient manner, consistent with legal requirements and liquidity needs Review all Transactions related invoices, and input into AVID for SVP approval; ensure costs remained tracked Track critical dates for all transactions Prepare Investment Committee memorandum for Acquisitions Assist heavily with annual NAV (aggregate information internally and communicate with brokers)Complete various ad-hoc analyses as requestedCoordinate legal review of all documentsServe as an active participant in contract negotiations Assist with the development of standard forms and proceduresProvide suggestions for process and technical improvements related to the transaction process.Ensure Certificates of Insurance have been collected on acquisitions/dispositions as requiredEnsure all wire transfers are setup and/or received as requiredQualifications (Knowledge/Skills/Abilities/Experience) Bachelor's degree with five plus years of experience in commercial transaction management Due Diligence and Transaction management Ability to develop and maintain strong broker relationshipsExcellent verbal and written communication skillsThis person will be a proactive, self-starter. An intelligent, strategic thinker and a "˜quick study' who is nimble and adaptableAbility to plan, organizes, and prioritizes multiple tasks within a defined time periodExcellent interpersonal skillsA team-player mentalityProficient in Excel, Word, and Argus Enterprise MRI experience, a plusReports ToSVP of Transactions

Created: 2025-01-14