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Open nowPosted 9 days ago

Senior Transaction Manager

Cresa31 open roles

Pay
$115,000 – $130,000 a year
Where
Chicago, IL, US
Work mode
Remote
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Your applicationOpen nowSenior Transaction ManagerCresa · Chicago, IL, US

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The clock on this job

Early applications get read.

12.1% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.1%7 days
  4. 19.1%14 days
  5. 35.6%30 days
  6. 52.7%60 days
This job: posted 9 days ago

The posting

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.

Job Description

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.

Essential duties and responsibilities

  • Core competency in the ability to lead and direct real estate transactions from beginning to end including complex site selection, financial analysis, contract negotiations, zoning and entitlements, and site development. Both industrial and office experience required with retail experience preferred.
  • Capable of managing multiple projects, tasks and stakeholders concurrently and in an organized manner. Program management and workstream management skills are key to success.
  • Ability to incorporate clients’ business drivers, market intelligence and challenges to manage complex transactions and demonstrate value.
  • Develops 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.
  • Experience and ability to 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.
  • Demonstrated skill in preparing, recommending, and implementing a portfolio-wide transaction strategy for acquiring and disposing of real estate properties.
  • 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.
  • Capability to effectively interact with senior stakeholders in the clients’ organization (Finance, IT, Procurement, HR, Construction, Legal, Tax, etc)

Qualifications

  • Global experience required. Retail preferred.
  • Active Real Estate License required in the state of Illinois.
  • 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).
  • Experience with Smartsheet and other project management/workflow management tools preferred.
  • 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.

Physical Requirements: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions in accordance with the Americans with Disabilities Act.

NOTE: The job description is an overview of the functions and requirements for this position. This document is not intended to be an exhaustive list encompassing every duty and requirement of this position; supervisors may assign other duties as deemed necessary.

Cresa is committed to developing and maintaining a diverse workforce. Cresa strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law.

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