Job Description

JOB SUMMARY

• Provides ongoing management of real estate transaction activities for ABSAxe2x80x99s commercial portfolio of properties.
• 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 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.
• 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.
• 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 Brollxe2x80x99s 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 co-workers.
• May lead project teams and/or plan, and supervise assignments of lower level employees.

QUALIFICATIONS

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
• The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION and EXPERIENCE

• Bachelor's degree (BA/BS) from four-year college or university and a minimum of four to six years of related experience and/or training.
• International transaction experience preferred.

CERTIFICATES and/or LICENSES

• EAAB Certificate and NQF4

COMMUNICATION SKILLS

• Excellent written and verbal communication skills.
• Strong organizational and analytical skills.
• Ability to provide efficient, timely, reliable and courteous service to customers.
• Ability to effectively present information.
• Assists, serves, and informs related departments as needed.
• Coordinates Leasing efforts with related departments.
• Completes required reports, records, and other documentation as required.
• Ensures effective and efficient internal communication.
• Attends and participates in meetings and committees as required.

FINANCIAL KNOWLEDGE

• Requires advanced knowledge of financial terms and principles.
• Conducts advanced financial analysis.

REASONING ABILITY

• Ability to comprehend, analyse, and interpret complex documents.
• Ability to solve problems involving several options in situations.
• Requires advanced analytical and quantitative skills.

OTHER SKILLS and/or ABILITIES

• Advanced computer software application (Microsoft Excel, Word, PowerPoint, Outlook, etc.) and Internet navigational skills.
• Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously.

SCOPE OF RESPONSIBILITY

• Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines.
• Responsible for setting work unit and/or project deadlines.
• Errors in judgment may cause significant impact to client, co-workers, and supervisor.
• Ensures that changes in legal requirements and government regulations are integrated into current practices.
• Stays informed regarding changes in Leasing practices and trends.
• Ensures that work area is clean, secure, and well maintained.
• Completes special projects as assigned

Broll Property Group