Transaction Manager

Company: CBRE
Location: Los Angeles
Posted on: November 1, 2024

Job Description:

Transaction Manager

Job ID

180166

Posted

13-Aug-2024

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Transaction Management

Location(s)

Los Angeles - California - United States of America

About the Role

CBRE is seeking a Transaction Manager for our client, a premier entertainment and media company based in Los Angeles. This leadership position will define and implement the real estate strategy to support the client's business needs in the region. As a successful candidate, you are passionate, self-motivated, innovative, proactive, quick-thinking, flexible and able to pivot when necessary. Additionally, you could demonstrate the ability to juggle multiple and diverse responsibilities with a strong emphasis on organization and an unwavering attention to detail at all times. This is a demanding and fast-paced position that requires you to be a proactive and positive thinker, while also exercising good judgment and strong communication skills.

What You'll Do

• Define the regional real estate strategy to support business strategy as well as execution of said strategy
• Optimize utilization and flexibility on a property and regional-level
• Develop and seek forward-thinking real estate opportunities
• Partner with all cross-functional Regional Design & Construction, Space & Occupancy Planning Teams and Workplace Leaders on both strategy and execution and will be the RE SPOC for their respective region for corporate and/or studio requirements
• Leverage creative and innovative deal structures and strategies in negotiating leases, licenses, and various other real estate acquisition and disposition agreements to put the client in the best position possible
• Manage all critical dates, aligning on decisions related to said critical dates with input from all key stakeholders and cross-functional partners
• Work closely with the Global Portfolio Manager to ensure global visibility and alignment with global real estate strategies
• Manage full real estate transaction lifecycle and collaborating with key stakeholders, including providing support to the regional Workplace team with interactions with the landlord's as needed
• Oversee and be responsible for delivering the best in class business terms in letters of intent (LOI) and corporate lease contracts and agreements
• Partner with Legal on the review and drafting of proposals, contracts, master service agreements and various ancillary real estate documents
• Establish and maintain real estate transaction communication with internal and external stakeholders in concert with overall business directives to support an aggressive growth strategy
• Partner with Workplace and Design & Construction teams on projects ensuring site and building due diligence, schedules, quality and cost
• Procure, coordinate and manage outside real estate brokers and other vendors in alignment with MSAs
• Engage and manage consultants, vendors and suppliers to support transaction delivery
• Be the subject matter expert for real estate matters for the region
• Manage the financial elements of real estate transactions, partnering closely with Strategic Planning & Analysis, internal teams and external partners to properly analyze and frame real estate transactions and the impact to the business
• Collaborate with cross-functional operations partners to determine the technical feasibility of incorporating specialty real estate spaces at various locations
• Develop reports and presentations in conjunction with portfolio management for senior management, regarding real estate transactions
• Coordinate directly with Lease Administration on upcoming lease expirations, rent payments, and other financial obligations associated with the leases
• Coordinate with portfolio management and financial planning for transaction financial analyses for business cases, forecasting, budget preparation, lease accounting, scheduling of expenditures and variance analysis
  
  What You'll Need:
  
  
  • Bachelor's degree preferred, Experienced corporate real estate professional with 5+ years' experience managing a growing portfolio
  • Candidate will be a senior role and requires the communication and appropriate skills required to work well with senior and executive level management
  • Strong preference for studio and entertainment-specific campus transactions management
  • Team player with an ability to supervise several projects in a fast-paced environment
  • Experience with complex real estate transactions, ground up development, land leases, build to suit, sale leaseback and synthetic leases
  • Established relationships with a global network of landlords, brokers, and studio vendors preferred
  • Proficiency in the Google ecosystem, MS Word, and Excel a plus
  • Must thrive in a continuous learning environment and keep pace with current production processes and evolving business strategy
  • Ability to prioritize and balance tactical and strategic function
    
    CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for the Transaction Manager position is $80,000 annually or $38.47 per hour and the maximum salary for the Transaction Manager position is $115,000 annually or $55.29 per hour. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE's applicable benefit program.
    
    Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable 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 individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
    
    NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.

Keywords: CBRE, Palmdale , Transaction Manager, Executive , Los Angeles, California