JOB SUMMARY
The Transaction Manager 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
Bachelor’s degree (BA/BS) from a four-year college or university and/or a minimum of four years of related experience and/or training required.
Real Estate Council of Ontario Salesperson license (required).
Excellent written and verbal communication skills, strong organizational and analytical skills, and the ability to provide efficient, timely, reliable, and courteous service to customers.
Ability to effectively present information to clients and team members.
Knowledge of financial terms and principles; ability to conduct financial analysis.
Ability to comprehend, analyze, and interpret complex documents (leases and licenses), solve problems involving multiple options, and apply analytical and quantitative skills.
Advanced computer application skills (Microsoft Excel, Word, PowerPoint, Outlook, etc.) and strong Internet navigational skills.
Applicants must be currently authorized to work in Canada without the need for visa sponsorship now or in the future
CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary being offered for this position is $120,000-$135,000 annually. This role will provide the following benefits: generous paid time off, Group Retirement Program, Medical, Dental and Vision coverage, Life Insurance and more
Equal Employment Opportunity Statement: CBRE is an equal opportunity employer who welcomes and encourages application from all persons regardless of race, creed, ancestry, national or ethnic origin, colour, age, religion, sex, sexual orientation, family status, gender identity or expression, disability or any other status or condition protected by applicable federal, provincial or territorial law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individual with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at
[email protected] or via telephone at Via telephone at +1 866 388 4346 (Canada) and +1 866 225 3099 (U.S.)
