Private Real Estate Transaction Manager

Lord, Abbett & Co. LLC; Jersey City (NJ); On-site; USD 140,000 - 160,000; Full time

Benefits offered by this job

Discretionary bonus

Competitive benefits

Job summary

Lord Abbett is seeking a Transaction Manager in Jersey City to own end-to-end execution logistics for acquisition, disposition, and financing transactions. You will track deadlines, coordinate counterparties, manage paper flow, and surface issues before they become problems so leaders can focus on decisions.

This execution/coordination role supports the Head of Origination and fund leadership, with a focus on timely closings and accurate transaction logs across markets.

Qualifications

• 5–8 years in real estate transaction coordination or related roles.
• Experience tracking LOIs/PSAs and deadlines across markets.
• Experience with title/escrow and closing management.
• Ability to interface with lenders, title companies, brokers, and outside counsel.
• Strong written communication and high discretion handling confidential deal terms.

Responsibilities

• Acquisition-Side Transactions: track pipeline, deadlines, and closing logistics across active markets.
• Negotiation Facilitation: route offers, track redlines, and manage paper flow without setting terms.
• Financing Coordination: coordinate loan closing logistics and lender coordination.
• Disposition-Side Transactions: manage listing prep, offers, and closing coordination with brokers.
• Cross-Cutting / Ongoing: maintain master transaction calendar and prepare status reports.

Skills

Written communication

Discretion

Lender coordination

Multitasking

Industry knowledge

Job description

The Role

The Transaction Manager owns end-to-end execution logistics for LAPRE's acquisition, disposition, and financing transactions across all active and expansion markets. This role keeps every deal moving — tracking deadlines, coordinating counterparties, managing paper flow, and surfacing issues before they become problems — so that the Head of Origination and fund leadership can focus on decisions rather than logistics.

This is an execution and coordination role, not a negotiating role. The Transaction Manager facilitates negotiations — routing offers, tracking redlines, managing deadlines, and moving the transaction process forward — but does not set or approve deal terms. All pricing, contingency, credit, and concession decisions are made by the Head of Origination.

We’ll trust you to:

Acquisition-Side Transactions

• Track the pipeline of executed LOIs/PSAs and key dates (due diligence expiration, EMD deadlines, closing dates) across all active markets
• Coordinate EMD wire instructions and confirm receipt/deposit with the title company
• Manage due diligence checklist execution — order title, survey, and environmental reports; engage local counsel; track deliverable receipt
• Liaise with civil engineers and expediters on feasibility items feeding go/no-go decisions
• Flag due diligence findings requiring IC or leadership attention (title defects, easements, deed restrictions) ahead of hard EMD dates
• Coordinate closing logistics: settlement statement review, internal legal review, wire coordination, recording confirmation
• Maintain the acquisition transaction log (status, dates, counterparties, outstanding items) for IC reporting

Negotiation Facilitation

• Route incoming offers, counters, and redlines to the Head of Origination with a summary of what changed and why it matters (price, contingency length, EMD, cost allocation)
• Track negotiation history per deal — version control on PSA drafts, redline turnaround times, and outstanding open items
• Draft and circulate counter language once terms are set, then manage paper flow back to the counterparty
• Flag negotiation deadlines (offer expirations, response windows) with enough lead time for a considered decision
• Loop in local counsel on non-business terms (indemnification language, boilerplate) without requiring escalation for every clause
• Maintain a running open-issues list per deal so terms are not renegotiated by accident or dropped between rounds

Financing Coordination

• Coordinate loan closing logistics per property: document execution, title company/lender coordination, funding conditions checklist, recording confirmation
• Track construction loan closing timelines against acquisition closing dates to keep financing on schedule
• Monitor loan covenant items tied to transaction events — borrowing base additions/releases, cross-collateral release conditions at disposition
• Own lender relationship coordination on structural items: extension requests, amendments, and facility administration

Disposition-Side Transactions

• Coordinate listing preparation (photography, MLS input, marketing timeline) with brokers
• Manage the incoming offer log and PSA redlines in coordination with the deal lead
• Track buyer due diligence and financing contingency deadlines
• Coordinate appraisal, inspection, and walkthrough scheduling with brokers
• Manage closing coordination: title clearance, lender payoff letters, settlement statement review, proceeds distribution tracking

Cross-Cutting / Ongoing

• Maintain a master transaction calendar across all active acquisition, disposition, and financing activity, flagging upcoming deadlines
• Serve as the point of contact for title companies, closing attorneys, and escrow agents
• Maintain the document repository (PSAs, title commitments, closing binders) per property
• Prepare weekly/monthly transaction status reports for IC and leadership
• Track post-closing items — recorded documents, final title policies, warranty deed delivery
• Own the “R” on transaction execution tasks within the RASCI matrix that are currently unassigned or ambiguous

You'll need to have:

• 5–8 years in real estate transaction coordination, title/escrow, closing management, or real estate paralegal work; construction loan closing experience strongly preferred
• Demonstrated ability to manage multiple simultaneous transactions and deadlines across markets without dropping details
• Comfortable interfacing directly with lenders, title companies, brokers, and outside counsel
• Strong written communication — this role drafts and routes negotiation-adjacent correspondence, so clarity and precision matter
• High discretion; regularly handles confidential deal terms and financial information
• Residential land development or homebuilding experience a plus, not required

Why Lord Abbett?

Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.

• Principles-Based - We empower our leaders to create an environment of trust.
• Performance-Oriented - We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.
• Purpose-Driven -We instill a passion for always putting our clients' interests first.

We have been ranked #1 in Barron’s Best Fund Families for 2024 and have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.

Compensation Information:Annual base salary for this role is$140,000-$160,000. Salary is estimated for this role. Actual pay may be different.

Discretionary Bonus:Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.

Benefits:Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visitCareers | Lord Abbett

Lord Abbett is an equal employment opportunity employer.We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law.All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

Important notice to Search Firms - Please Read Carefully

Without prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.