Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners and developers of real estate on a local, regional and national level.
Together with London-based partner Knight Frank and independently-owned offices, NGKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
The Assistant Transaction Manager services current and new accounts by coordinating and monitoring various transaction activities and will work with internal departments to manage purchase and sales transactions. The Assistant Transaction Manager will also serve as the in -house point-of-contact for clients, brokers, and others to collect or to provide information on all account transactions.
Essential Job Duties:
- Working closely with Transaction Manager and brokers, participate in and strategize for formal presentations (RFP's) for various Private and Institutional (REIT, Pension Fund, etc.) clients.
- Working closely with Transaction Manager and brokers, manage due diligence and closing process of multiple listings with major national and regional clients.
- Organize transaction documents, assemble and track due diligence items on properties during the disposition process.
- Provide assistance and support to investment analysts and marketing personnel
- Conduct in-depth market research, sales comparable and rent comparable analysis to support the underwriting for a full range of multifamily assets types including existing apartment properties (over 150 units), land development, fractured condominiums, for some of the largest owners of multifamily properties in the U.S.
- Demonstrate understanding of operations, rent roll and operating statement analysis, DCF modeling and a range of finance (debt/equity) options.
- Assist in the research, drafting and proof reading of marketing proposals, investment offerings and presentations for national and regional clients.
- Assist in research, analysis, drafting and proof reading of various research assignments, market white papers, etc. Must demonstrate a broad and specific knowledge of macro and micro elements affecting multifamily industry locally and nationally.
- Update various informational spreadsheets and database files including sales and development pipeline data.
- Maintain all transaction forms and files. Prepare reports and presentations as required.
- Serve as liaison with clients relative to administrative matters, including scheduling meetings, and being available to respond to inquiries or receive new assignment requests.
- Attend selected client meetings.
- Continually stays informed of local, national and global real estate trends and innovation.
- Works collaboratively in a team environment with a spirit of cooperation
- Displays excellent communication skills including presentation, persuasion, and negotiation skills required in working with customers and coworkers and including the ability to communicate effectively and remain calm and courteous under pressure.
- Respectfully takes direction from manager.
- May perform other duties as assigned
Skills, Education, and Experience:
- Bachelor’s degree in Business Administration, Accounting, Finance, Real Estate or Law); Master’s degree preferred
- Minimum of three years of commercial real estate (or related) experience
- Strong financial acumen (NPV, IRR, etc.)
- Intermediate Microsoft Excel, Word, and Powerpoint
- Understanding of legal and financial aspects of a transaction process
- Demonstrated client relationship management
- Strong written and oral communication skills (analytical and report writing) necessary
- May perform other duties as assigned
- Valid Real Estate License or willingness to obtain license as state requires
Working Conditions: Normal working conditions with the absence of disagreeable elements
Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark Knight Frank is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.