Managing Director

Newmark; San Francisco (CA); On-site; USD 90,000 - 130,000; Full time

Job summary

Newmark is seeking a Transaction Manager in San Francisco to coordinate and monitor purchase, sale, and lease transactions. You will partner with Account Managers and regional teams to align deals with client objectives and CRE portfolio strategy.

You will prepare financial analyses (NPV/IRR), manage broker relations, and oversee the end-to-end process from initiation to close, ensuring compliance with client processes and timely delivery.

Qualifications

• Bachelor’s degree in business or real estate.
• Excellent oral and written communications.
• Strong knowledge of Microsoft Office; proficiency in Excel, PowerPoint and Outlook.
• High degree of professional customer service.

Responsibilities

• Coordinate with Account Manager to align transactions with the client’s real estate objectives.
• Collaborate with business units to support operational requirements and expansion or contraction.
• Implement the transaction process to complete seamless transactions per client procedures.
• Source and manage third party brokers/service providers as needed.
• Serve as liaison between landlord, broker, Account Manager and regional leaders.
• Assist CRE portfolio strategy through lease renewals, new leases, sub-leases, terminations, and related sales.
• Prepare, review, and interpret financial analyses (cash flow, NPV, IRR) to assess value.
• Coordinate steps of transactions from initiation to close, including LOIs and proposals.
• Maintain transaction files and prepare reports for brokers and clients.
• Monitor a real estate project tracking system to ensure timely completion.
• Negotiate leases and renewals; monitor expirations.
• Respond to inquiries and handle new assignment requests.
• Review commission calculations and track payments and reports.
• Prepare project close-out files and activity logs.
• Track project travel expenses.
• May perform other duties as assigned.

Skills

Communication skills

Customer service

Written communication

Education

Bachelor's degree in business or real estate

Tools

Microsoft Office

Excel

PowerPoint

Outlook

Job description

The Transaction Manager services current and new accounts by coordinating and monitoring various transaction activities and will work with internal departments to manage purchase, sales and lease transactions. The Transaction Manager will also serve as the in-house point-of-contact for clients, brokers, and others to collect or to provide information on all account transactions.

• Coordinate with Account Manager to align transactions with the client’s real estate objectives
• Collaborate with assigned business units/regions to understand and support operational requirements and expansion or contraction of the business
• Implement the transaction process to complete seamless transactions on behalf of the client and in accordance with client’s processes and procedures
• Source and manage third party brokers/service providers where required
• Act as the liaison between the landlord, local broker, Account Manager and Business Unit/Regional Real Estate Director
• Assist the Account Manager in the execution of Corporate Real Estate (CRE) portfolio strategy through lease renewals, new leases, sub-leases, lease terminations and land & building purchase and sales
• Prepare, review, analyze, and interpret financial analysis templates including book and cash flow projections, NPV (net present value), and/or IRR (internal rate of return) to determine the financial impact and economic value of multiple transaction scenarios
• Coordinate and execute all steps surrounding transactions including the completion of project initiation sheets, market surveys, client tours, RFPs, counterproposals, LOI, broker's opinions of value and test fits to lease execution and project closeout
• Maintain all transaction and forms files. Prepare reports and makes presentations to relevant parties. Prepare follow up letter to brokers and clients as required
• Monitor and maintain a real estate project tracking system to ensure timely transaction completion
• Negotiates leases and lease amendments. Monitors lease expirations. Negotiates lease renewals within prescribed timeline
• Serve as liaison with clients relative to administrative matters, including obtaining executed lease copies, scheduling meetings, and being available to respond to inquiries or receive new assignment requests
• Review commission calculations with brokers, prepare deal sheets summarizing terms of transaction, and track commission payments and annual commission income reports
• Prepare project close-out files for all completed transactions, including all transaction documents, list of project contacts, lease abstract, executed lease/agreement, and activity log
• Track project travel expenses
• May perform other duties as assigned

Skills, Education and Experience:

• Bachelor’s degree in business or real estate
• Excellent oral and written communications skills
• Strong knowledge of Microsoft Office including proficiency in Excel, PowerPoint, Outlook etc.
• High degree of professional customer service to both internal and external parties