LivCor, a Blackstone Portfolio Company
Manager, Transaction Management
LivCor, a Blackstone Portfolio Company, Chicago, Illinois, United States, 60290
LivCor, a Blackstone portfolio company, is a real estate asset management business specializing in multi-family housing. Formed in 2013 and headquartered in Chicago, LivCor is responsible for a portfolio of over 400 Class A and B properties comprising more than 150,000 units in markets across the United States.
Our business is focused on making real estate more valuable. But for us, its more than that. Its people first, community always. Its a life-filled career, not just a career-filled life. Its doing good work, with good humans, and making a difference. Its excellence in all its forms. Ultimately, we create great places to work, live, and grow. We do that by focusing on leaving people and places better than we found them.
Whew! Still with us? Cool. Lets talk about where youd fit in:
Only Read Further If You Are
Kind
Humble
Honest
Relentless
Smart with Heart
You Should Be
Authentic. You do you. Together, well do something amazing.
A passionate person with a love for real estate and investing; and believes that helping others win is a noble cause, essential to our success.
An excellent team player who enjoys working with others and has strong interpersonal skills.
Highly motivated, energetic, and organized
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 LivCor. 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 Blackstones transaction team as well as the LivCor 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 LivCor 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.
What You Will Do
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 BOVs 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 LivCor departments ensuring proper coordination to onboard and offboard assets.
Manage one or two direct reports.
Perform targeted projects.
Minimal travel required.
What You Should Have
Bachelors degree in related field preferred
5+ years of relevant real estate experience (asset management, operations, transactions (dispositions or acquisitions))
Passion for real estate and investing
Experience in multi-family real estate and transactions preferred
Demonstrated track record of high achievement in demanding professional and academic settings
Experience in managing others
Superior analytical skills with proficiency in Excel and all Microsoft office applications
Strong verbal and written communication skills
Highly organized, motivated, energetic and independent with strong interpersonal skills
Excellent references
Base Compensation Range
$117,500.00 To $135,000.00. This represents the presently-anticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation
: This job is also eligible for discretionary bonus and incentive compensation on an annual basis. Benefits
: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. Please review the job applicant privacy notice here. EEO Statement
LivCor is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com #J-18808-Ljbffr
: This job is also eligible for discretionary bonus and incentive compensation on an annual basis. Benefits
: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. Please review the job applicant privacy notice here. EEO Statement
LivCor is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com #J-18808-Ljbffr