Manager, Transaction Management

• Compensation: USD 125,000 - USD 140,000 - yearly

AIR Communities is a Blackstone portfolio company headquartered in Denver, CO. We are one of the country's largest owners and operators of multifamily housing, managing high-quality properties in most major markets.
At AIR,we value integrity, respect, collaboration, customer focus, and performance
.These values are brought to life by our teammates, who are ultimately responsible for our success.

When you join our team, you'll work alongside the most dedicated professionals in the industry andopen the door to unlimited career opportunities.

Where You Will Work:

This opportunity is onsite and can be located in any of our offices. We have offices inNew York, Denver, Chicago, Dallas, Atlanta, LA, or Bethesda.

The Manager, Transaction Management will support transactions (acquisitions, dispositions and debt capital markets) due diligence and closing coordination. The ideal candidate must exhibit organization and strong communication skills across multiple platforms and passion for multifamily real estate.

In addition, the ideal candidate will have at least 5 years of transaction experience in real estate acquisitions, dispositions, asset management, operations, or real estate investment banking. This role will report to a Director of Transaction Management and will lead due diligence on respective assigned acquisitions and dispositions for AIR. The candidate will manage and assist in reviewing property documents and the coordination of due diligence tours and third-party vendors.

This person will be the lead point of contact with all sellers to coordinate new acquisition activity, communicating with both Blackstone’s transaction team as well as the AIR team (Debt Capital Markets, Investments, Portfolio Strategy, Capex, Asset Management, Risk, Tax, Accounting and Legal Teams). This person will also assist in closing activities, working closely with Outside Counsel. The Manager, Transaction Management, will also be point of contact with brokers and buyers on dispositions.

This role will work with the AIR team, including Debt Capital Markets, Investments, Portfolio Strategy, Asset Managers, Marketing, Strategic Initiatives, Legal, Outside Counsel, Capex Directors, and Operating partners to coordinate Broker Opinion of Values, diligence materials and work with the buyer/broker through the sale process.

Manage the coordination of all aspects of due diligence for new multifamily acquisitions including, prepping for DD, onsite visits, internal review calls, DD document review, prepping for closing, closing, and post-closing activities.

Manage the coordination of all aspects of the disposition process including, preparing for market, actively marketing, call of offers (CFO), buyer selection and under contract, and closing phases.

Manage the broker opinion of value (BOV) process including, preparing property materials for brokers, assisting in answering property questions, managing BOV timelines, submitting BOV’s to BX for review.

Manage the review of documents and coordination of due diligence, tours, and third-party vendors.

Review third party reports and seller provided statements of operations.

Schedule investment due diligence related to operational performance.

Communicate closely with the Investments team on deal timelines and notable items.

Serve as main point of contact with Buyers and/or Sellers throughout the life of the deal.

Communicate with other AIR departments ensuring proper coordination to onboard and offboard assets.

Manage one or two direct reports.

Perform targeted projects.

Bachelor's degree in a related field preferred

5+ years of relevant real estate experience (asset management, operations,…