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Real Estate Transaction Operations Manager
Location
Syracuse, New York, United States
Work type
Hybrid
Employment
Full Time
Experience
3-5 years
Compensation
$75K - $95K per year
Posted
3d ago
Summary and responsibilities
Role overview
Summary
The Real Estate Transaction Operations Manager will oversee the administration and operations of a large commercial real estate portfolio. This involves developing negotiation strategies for renewals, analyzing market trends, and ensuring compliance with lease agreements. The role also includes tracking critical dates, monitoring performance metrics, and coordinating with field teams for repairs and maintenance.
Company Description
Carrier Enterprise (CE) is a premier national distributor specializing in residential and light commercial Heating, Ventilation, and Air Conditioning (HVAC) products, parts, and supplies. We serve licensed HVAC/R dealers and contractors, ensuring top-quality HVAC solutions across 28 states, Puerto Rico, the Caribbean, Latin America, Mexico, and Canada. With over 200+ locations, we are well-positioned to meet or exceed our customers' HVAC/R needs.
Objective
The Real Estate Transaction/Operations Manager will support the administration and operations of a large commercial real estate portfolio. This role involves assessing market trends and current conditions, preparing and executing renewal negotiation strategies, analyzing renewal proposals, preparing counterproposal recommendations, developing economic and deal summary packages, evaluating and preparing lease amendments, and ensuring compliance with lease agreements terms and conditions by supporting the regional teams in their repair and maintenance obligations.
Duties and Responsibilities
Support in the day-to-day administration and operation of a large commercial real estate portfolio, ensuring efficient management, compliance, and reporting
Prepare renewal negotiation strategies with existing landlords, analyze proposals, and provide counteroffer recommendations; prepare and review lease amendment agreements and commencement date certificates to ensure compliance with negotiated terms.
Follow up with the field organization to gather renewal requirements and prepare economic and deal summary packages.
Evaluate localized real estate market rents and trends prepare renewal negotiation strategies.
Analyze, research, and compile data from facility lease agreements, contracts, and amendments related to defined obligations, options, critical dates, repairs and maintenance, and other relevant information.
Track and monitor critical dates for facility leases, administer sublease agreements, and evaluate opportunities for subleasing surplus square footage.
Track performance metrics for all real estate transactions and coordinate with field resources to ensure estoppel compliance, review estoppel documents for accuracy and provide counter comments where applicable.
Prepare standardized and customized reports to monitor, track and communicate key portfolio metrics and transactional status and assist in maintaining the real estate management system.
Coordinate with the field organization to obtain repairs and maintenance compliance documentation and tenant improvements requirements.
Engage with landlords/property managers for accountability with reported lease obligated repair and maintenance requirements.
Develop and maintain an HVAC preventative maintenance tracking program, ensure compliance with lease obligations and provide relevant data in a timely manner to landlords/property managers.
Qualifications
BA/BS in business, finance or similar analytical discipline
3 to 5 years of related work experience in commercial real estate-portfolio administration/project management preferred
Understanding of commercial real estate lease negotiations, deal structures and lease terms
Proficient in Excel, Word, and PowerPoint
Familiarity with Tango Analytics / Lease Accounting rules a plus
Understanding of construction/project management/layout/design a plus
Excellent written and verbal communication skills
Ability to work independently on tasks
Highly motivated, results-oriented, and a strong work ethic
Detail-oriented with excellent time management and organizational skills
Strong customer service orientation with the ability to work across multiple departments within the company
Benefits:
Health Insurance
Health Savings Account
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance (Short-term and Long-term)
Employee Assistance Program (EAP)
Tuition Reimbursement & Professional Development
Paid Vacation & Sick time
Company Paid Holiday's
401(k) Plan with Employer Match
Employee Discount Program
Updated 3d ago
Candidate fit
Skills and qualifications
Additional skills
Experience
3-5 years
How this role is positioned
Role classification
Job domains
Industries
Employment
Full Time
Contract duration
Permanent
Hiring type
Direct
Global hiring
Location specific
Offer details
Compensation and benefits
Compensation
$75K - $95K per year
Benefits and perks
Location, schedule, and role shape
Work setup
Work conditions
Bandwidth profile
Context on the employer
Company snapshot
Company
Carrier Enterprise
Team size
Growing team
Location
Syracuse, New York, United States
Carrier Enterprise (CE) is a premier national distributor specializing in residential and light commercial Heating, Ventilation, and Air Conditioning (HVAC) products, parts, and supplies. We serve licensed HVAC/R dealers and contractors, ensuring top-quality HVAC solutions across 28 states, Puerto Rico, the Caribbean, Latin America, Mexico, and Canada. With over 200+ locations, we are well-positioned to meet or exceed our customers' HVAC/R needs. Carrier Enterprise (CE) is a subsidiary of the largest independent HVAC/R distribution company in the world, Watsco, Inc.
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Real Estate Transaction Operations Manager
Syracuse, New York, United States • Full Time