Company: CBRE Group, Inc.
Location: Newport Beach
Posted on: September 22, 2022
JOB SUMMARY - -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 real estate properties. Coordinates field resources
and other stakeholders in the execution of lease renewals, new site
acquisitions, disposition of surplus space through subleasing, sale
renewals, 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.Concurrently acts as landlord/seller
agent and tenant/buyer agent and effectively negotiates the
business terms and conditions for a wide variety of commercial real
estate products, including land, office, retail and
industrial.Coordinates field broker selection and other required
resources, subject matter experts, and business partners. If
necessary, facilitates client review and approval of proposed team
resources for the purpose of transaction execution.Drafts and
creates a large variety of analyses and relevant documents,
including but not limited to: project initiation, market comparable
reports, Requests for Proposals (RFPs), proposal comparison
packages, letters of intent, and broker's opinions of
value.Coordinates the negotiation of sales through a field broker.
Negotiates leases and lease amendments. Monitors lease expirations.
Negotiates lease renewals within prescribed timeline. Locates and
acquires new properties to meet client's requirements and timeline.
Disposes of surplus properties within prescribed
timeline.Understands how to review, analyze, and interpret
financial analysis templates including book and cash flow
projections, NPV (net present value), and/or IRR (internal rate of
return) 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 vouchers,
and accounts for all savings results achieved on behalf of
clients.Monitors and maintains a real estate project tracking
system to ensure timely transaction completion. Prepares reports
and makes presentations 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.Resolves 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.
Keywords: CBRE Group, Inc., Newport Beach , Transaction Manager, Executive , Newport Beach, California
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