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Description
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)
Requirements
Qualifications
· Active Real Estate License required in the state of residence.
· 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
· 7-10 years of experience in real-estate transactions; minimum 5 years of portfolio management experience.
Location: This position is based in Chicago, IL, but willing to consider other Cresa office locations or remote work on a case by case basis.
Salary & Benefits: $100,000 - $135,000 salary plus discretionary bonus. Salary based on location and level of experience. Cresa provides a competitive benefits package including health insurance, 401 (k) retirement benefits, generous PTO policies and family leave policies.
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