The manager will oversee the administration and operations of a large commercial real estate portfolio, including lease renewals and maintenance compliance. They will also develop negotiation strategies, analyze market trends, and monitor critical lease dates to ensure portfolio efficiency.
Real Estate Transaction Operations Manager- HVAC Products | Carrier Enterprise |Syracuse -Remote
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.
www.carrierenterprise.com
Objective
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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.
(Salary 75k-95k)
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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.
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- Follow up with the field organization to gather renewal requirements and prepare economic and deal summary packages.
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- Evaluate localized real estate market rents and trends prepare renewal negotiation strategies.
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- 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.
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- Track and monitor critical dates for facility leases, administer sublease agreements, and evaluate opportunities for subleasing surplus square footage.
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- 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.
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- 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.
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- Coordinate with the field organization to obtain repairs and maintenance compliance documentation and tenant improvements requirements.
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- Engage with landlords/property managers for accountability with reported lease obligated repair and maintenance requirements.
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- 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.
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Responsibilities may vary depending on the specific needs of the organization. This job description is not intended to be an exhaustive list of all duties, but rather a general overview of the position. CE reserves the right to modify or change job responsibilities at any time, and associates may be required to perform other duties as assigned.
Qualifications
- BA/BS in business, finance or similar analytical discipline
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- 3 to 5 years of related work experience in commercial real estate-portfolio administration/project management preferred
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- Understanding of commercial real estate lease negotiations, deal structures and lease terms
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- Proficient in Excel, Word, and PowerPoint
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- Familiarity with Tango Analytics / Lease Accounting rules a plus
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- Understanding of construction/project management/layout/design a plus
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- Excellent written and verbal communication skills
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- Ability to work independently on tasks
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- Highly motivated, results-oriented, and a strong work ethic
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- Detail-oriented with excellent time management and organizational skills
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- 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
Invitation to Apply:
Full-time and part-time positions are available. To explore this exciting opportunity and other career opportunities at Carrier Enterprise, visit our careers page at www.carrierenterprise.com/careers. Learn more about our company and team.
Equal Opportunity Statement:
Carrier Enterprise, LLC is an Equal Opportunity Employer and does not discriminate on the basis of age, color, race, religion, disability, sex, or national origin. We support a diverse and inclusive workplace where we employ, retain, terminate, and otherwise treat all employees and job applicants on the basis of merit, qualifications, and competence.
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Qualifications
Qualifications
- BA/BS in business, finance or similar analytical discipline
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- 3 to 5 years of related work experience in commercial real estate-portfolio administration/project management preferred
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- Understanding of commercial real estate lease negotiations, deal structures and lease terms
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- Proficient in Excel, Word, and PowerPoint
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- Familiarity with Tango Analytics / Lease Accounting rules a plus
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- Understanding of construction/project management/layout/design a plus
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- Excellent written and verbal communication skills
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- Ability to work independently on tasks
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- Highly motivated, results-oriented, and a strong work ethic
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- Detail-oriented with excellent time management and organizational skills
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- Strong customer service orientation with the ability to work across multiple departments within the company
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