Manager, Transactions

Reposted 6 Days Ago
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Pittsburgh, PA, USA
In-Office
Mid level
Real Estate
Representing occupiers exclusively.
The Role
The Manager of Transactions supports clients in real estate decision making through analytics, transaction management, and effective communication with strong attention to detail.
Summary Generated by Built In

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

As a Manager, Transactions, you’ll join a dedicated account team providing high-quality transaction and account support. You will be responsible for the day-to-day transaction management of a portfolio of properties on behalf of one national and/or global occupier services client. Responsibilities include LOI and lease negotiation, market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product.

Essential duties and responsibilities

  • Assist with the implementation of portfolio plans that align with client’s real estate goals and objectives
  • Collaborate with brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions including lease, sale, sublease and purchase
  • Manage the flow of key documentation and client communications
  • Oversee revenue tracking of all transactions
  • Maintain database of transaction activity
  • Ensure accuracy of all transaction reports
  • Present transaction activity to client
  • Lead and/or facilitate client meetings
  • Assist in measuring transactional performance
  • Coordinate negotiations and management of transactions
  • Coordinate legal review of all client leased/owned documents
  • Ensure accuracy of financial data and reporting
  • Review lease documents, write lease summaries and abstracts and review other materials as part of the due diligence process
  • Deliver on client-driven priorities, tracking progress and milestones
  • Experience developing analytics models and methodologies using a variety of data points to develop informed recommendations to clients
  • Ability to analyze business performance data and budgets for executive-level operations reporting
  • Review critical dates, evaluate contract options, and provide recommendations.
  • Create and implement reports including but not limited to: Requests for Proposals (RFPs), Market Comps, Business Case, Location Analysis, etc.
  • Support all transaction activity, preparing forecasts and savings results reporting
  • Apply critical thinking and market knowledge to assist with unique client-specific research requests such as strategic planning, portfolio reviews, and highest and best use analyses
  • Summarize and communicate analytic findings, insights and recommendations via executive-level summary documents and presentations.
  • Complete other client driven initiatives to support their internal real estate needs

Qualifications

  • 3-5 years relevant experience
  • Prior experience managing transactions for commercial real estate services
  • Associates/Bachelor’s degree or equivalent experience
  • Active real estate license in state of residence
  • A strong work ethic and the ability to work as a team player
  • Resourceful, attention to detail, and strong organizational skills including the ability to multi-task, prioritize efficiently and meet tight deadlines.
  • Strong writing, editing and proofreading skills – attention to detail is critical
  • Excellent project management and organizational skills
  • Ability to work independently and manage competing deadlines
  • Strong interpersonal skills and proven experience working with cross-functional teams
  • Advanced proficiency in MS Office (MS Word, MS Excel, MS PowerPoint, and Outlook). Advanced MS Excel proficiency is a must.
  • Advanced proficiency in Smartsheet and Salesforce reporting preferred; proficiency in Power BI and Tableau preferred.
  • Experience with lease administration platforms (CoStar, Visual Lease)
  • Ability to work across multiple time zones to accommodate global initiatives

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.

Skills Required

  • 4+ years relevant experience
  • Prior experience managing transactions for commercial real estate services
  • Associates/Bachelor's degree or equivalent experience
  • Active real estate license in state of residence
  • Strong writing, editing and proofreading skills
  • Excellent project management and organizational skills
  • Ability to work independently and manage competing deadlines
  • Strong interpersonal skills and proven experience working with cross-functional teams
  • Advanced proficiency in MS Office (MS Word, MS Excel, MS PowerPoint, and Outlook)
  • Advanced MS Excel proficiency
  • Advanced proficiency in Smartsheet and Salesforce reporting preferred
  • Proficiency in Power BI and Tableau preferred
  • Experience with lease administration platforms (CoStar, Visual Lease)
  • Ability to work across multiple time zones to accommodate global initiatives
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The Company
HQ: Phoenix, AZ
19 Employees
Year Founded: 1993

What We Do

Cresa is the world's largest commercial real estate advisory firm that exclusively represents occupiers and specializes in the delivery of fully integrated real estate solutions. Delivered across every industry, its services include Consulting, Facilities Management, Global Portfolio Solutions, Investment Banking, Lease Administration, Location Strategy & Economic Development Incentives, Project Management, Transaction Management and Workplace Strategy. With over 1000 employees in more than 80 offices globally, Cresa partners with occupiers everywhere. For more information, www.cresa.com

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