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Property Transaction Manager

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
Newport Beach
 CA
Postal Code
92660
Country
United States

This job is no longer active.

Description


Modiv, Inc. is a $400M+ REIT headquartered in Newport Beach, CA.  The portfolio consists of single tenant assets, is national in scope and contains office, industrial and retail properties.  Qualified candidates will be solutions-focused and should have 5+ years of relevant experience handling pre- and post-closing duties related to commercial real estate transactions.

Primary Responsibilities

  • Manage the due diligence and closing of the REIT’s acquisition, disposition, leasing and property-level debt activity.
  • Manage and monitor the purchase and sale process, due diligence files and coordinate the closing and documentation with internal and external parties.
  • Maintain due diligence, timelines, closing checklists and weekly transaction activity reports.
  • Coordinate all third-party property inspections/reports and property site visits.
  • Manage property records, insuring that all final closing documents are properly archived.
  • Interact with buyers, sellers, title companies, lenders, appraisers and other related stakeholders to ensure an efficient and transparent property close.
  • Provide lease and documentation abstract.
  • Upon closing of asset purchase, transition property files, records and reports to Asset Management and Accounting departments including any post-closing items.
  • Review due diligence documentation.
  • Coordinate formation of the REIT’s subsidiaries/ special purpose entities with appropriate parties and insure they are properly registered with the Secretary of State.
  • Draft and file forms with various regulatory entities.
  • Review legal transactional and other related documents.
  • Assist Asset Management in the preparation of the Annual Property Budgets and CAM reconciliations
  • Assist Asset Management in interactions with the third party property management company
  • Provide assistance on various acquisition initiatives.

REQUIRED CORE COMPETENCIES

  • Self-motivated with keen attention to detail
  • Strong organizational skills with the ability to multitask in an environment of changing priorities
  • Have a can-do attitude and willingness to help different departments
  • Strong research, analytical and organizational skills
  • Ability to meet deadlines and work collaboratively and proactively across the C-Suite, Accounting and Asset Management departments
  • Thorough understanding of due diligence and title/escrow processes
  • Proficient with Microsoft Office; Argus and Yardi experience welcomed

Pay commensurate with experience; The candidate can be based remotely or at our Newport Beach, CA office with a flexible schedule in the office.  This job will report to the Chief Investment Officer.

 
 

Experience


Not Specified


This job is no longer active.

Legal / Transactions Retail Newport Beach Full Time CA Acquisitions, Transaction, Due Diligence General Counsel other