Senior Transaction Manager
San Diego, CA
Marcus & Millichap Capital Corporation – MMCC Staff /
Full-time /
On-site
Marcus & Millichap Capital Corporation (“Company”), a subsidiary of Marcus & Millichap, Inc. (NYSE:MMI) is seeking a Senior Transaction Manager, Capital Markets, to manage and close commercial real estate debt and equity transactions. The primary responsibility of the Senior Transaction Manager is to oversee transactions from engagement through closing, acting as the Company’s liaison between clients and capital sources.
The anticipated salary range for candidates who will work in San Diego, CA is $75,00- $95,000/year plus an annual bonus. The final compensation offered to a successful candidate will be dependent on several factors that may include but not limited to the type of experience within the industry, education etc. Marcus & Millichap is a multi-state employer, and this range may not reflect positions that work in other states.
Key Responsibilities:
- Oversee and manage the closing of commercial real estate debt and equity transactions from engagement to closing.
- Analyze and abstract transactional documents, including purchase and sale agreements, title reports, surveys, escrow instructions and related closing documents, to determine and advise on closing and informational requirements.
- Independently oversee all required due diligence, and correspond with all transaction parties, including clients, brokers, title companies, lenders, surveyors, and governmental agencies.
- Oversight of file management and maintenance of property database.
- Prepare estoppels and SNDAs.
- Oversee third-party inspection process.
- Manage transactional documentation to ensure all required documents comply with Company policies and procedures and oversee all post-closing communications.
- Participate in management meetings to review and advise on best practices.
Key Attributes and Experience:
- Minimum of 15 years of experience in managing commercial real estate transactions (brokerage, title company, mortgage banker, law firm).
- Bachelor’s degree required.
- Understand standard real estate documents such as REAs, estoppel certificates and leases.
- Detail oriented with strong organization and time management skills.
- Excellent oral and written communication skills, including the ability to communicate effectively with both internal and external parties.
- Ability to handle numerous assignments simultaneously.
- Strong problem-solving, analytical and research skills.
- Proficient in Salesforce.
- Proficient in Microsoft Office (Word, Excel) and aptitude for learning various other programs.
- Ability to work both independently and as a part of a team in a deadline-driven environment.
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At Marcus & Millichap Capital Corporation, we strive to be the best place to work and to be the best commercial real estate financial intermediary. Our valued employees help make this vision a reality by consistently working to exceed the expectations of our clients.
Marcus & Millichap Capital Corporation is the real estate capital markets platform of Marcus & Millichap, Inc. With over 200 employees in offices across the United States and Canada, the Company provides commercial real estate capital markets financing solutions including debt and mezzanine financing, preferred and joint venture equity, sponsor equity and loan sales. The Company averages over 2,000 closed transactions annually.
Marcus & Millichap revolutionized the real estate brokerage industry. The firm was designed to go far beyond simply facilitating real estate transactions. It was developed as an entire system dedicated to maximizing value for real estate investors.
In 1971, founders George Marcus and William Millichap launched a new real estate investment business model based on a unique method of matching each property with the largest pool of pre-qualified investors. This simple premise, coupled with an unfailing drive to measure success by client satisfaction, enabled the company to emerge as the industry’s pre-eminent real estate investment services firm.
The founders’ vision has been realized by a commitment to specialization, the willingness to foster a culture of information sharing and the foresight to pioneer real estate technology. Today, Marcus & Millichap is the industry’s largest firm specializing in real estate investment sales, financing, loan sales as well as a leading source of research and advisory services.
Marcus & Millichap provides equal employment opportunities to all employees and applicants for employment without discrimination with regard to race, religious belief (including dress or grooming practices), color, sex, sex stereotype, pregnancy, childbirth or related medical conditions (including breast feeding), age, national origin, ancestry, sexual orientation, gender identification and expression, transgender status, physical or mental disability, medical condition, genetic characteristics, genetic information, family care, marital status, enrollment in any public assistance program, status as military, a veteran or qualified disabled veteran, status as an unpaid intern or volunteer, or any other classification protected by law. We also prohibit discrimination based on the perception that anyone has any of those characteristics, or is associated with a person who has or is perceived as having any of those characteristics. In addition to federal law requirements, Marcus & Millichap complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.