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Transaction Manager

JLL
Chicago, IL Full Time
POSTED ON 7/15/2024 CLOSED ON 7/19/2024

What are the responsibilities and job description for the Transaction Manager position at JLL?

Job Description: Transaction Manager

Summary: We are seeking a highly skilled and motivated Transaction Manager to join our team and support a non-profit organization in executing their real estate strategy. This is a remote position, allowing for flexible work arrangements. The Transaction Manager will play a crucial role in lease negotiations, sales, renewals, and related activities to ensure the organization's real estate objectives are met. This is an excellent opportunity for a self-driven professional with strong negotiation and relationship-building skills.

Responsibilities:

Transaction Execution:

  • Independently manage and execute mid to large-size real estate transactions, including leases, sales, renewals, and disposals, with a high level of proficiency and knowledge.
  • Foster and maintain client relationships, understanding their needs and aligning them with the organization's real estate strategy.
  • Utilize market knowledge and negotiation skills to achieve favorable economic and flexible lease terms for the client.

Market Analysis and Research:

  • Gather market data, review market reports, and stay updated on industry trends to provide valuable insights to the client.
  • Liaise with real estate broker partners nationwide to ensure comprehensive market coverage.
  • Oversee site selection and evaluation processes, conducting site tours and evaluating prospective properties.

Documentation and Legal Compliance:

  • Create, review, and manage requests for proposals (RFPs), letters of intent, leases, purchase and sale agreements, and other transaction-related documents.
  • Collaborate with legal and risk management teams to ensure compliance and mitigate any potential risks.
  • Conduct thorough due diligence on transaction-related documents and review them with legal and risk departments.

Process Improvement and Project Management:

  • Develop, implement, streamline, and improve client and JLL transaction processes to ensure flawless execution.
  • Collaborate with other JLL offices to monitor the progress of transactions and projects, ensuring timely and efficient completion.

Qualifications:

  • Bachelor's degree in Real Estate, Business, Finance, or related field.
  • Minimum of 5 years of experience in commercial real estate transactions, preferably with a focus on non-profit organizations.
  • Strong negotiating skills and proven ability to secure favorable lease terms.
  • Excellent analytical, communication, collaboration, organizational, and planning skills.
  • Proficiency in market research, analysis, and financial modeling.
  • Familiarity with legal and risk management requirements related to real estate transactions.
  • Ability to work independently and effectively manage multiple projects simultaneously.
  • Proficiency in utilizing technology and virtual tools for remote collaboration.

Salary.com Estimation for Transaction Manager in Chicago, IL
$58,227 to $78,579
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