A

AIR Communities

Multifamily housing REIT and operator

Manager, Transaction Management

Real Estate DevelopmentConfirmed live in the last 24 hours
Full-timeDallas, TX, USA

About the Job

Requirements

  • At least 5 years of relevant real estate experience in asset management, operations, transactions (dispositions or acquisitions), or real estate investment banking.
  • Experience managing others.
  • Proficiency in Excel and all Microsoft Office applications.
  • A track record of achievement in demanding professional and academic settings.
  • Strong verbal and written communication skills.
  • Strong organization, motivation, energy, independence, and interpersonal skills.
  • Excellent references.

Responsibilities

  • Support transaction due diligence and closing coordination for acquisitions, dispositions, and debt capital markets.
  • Lead due diligence on assigned acquisitions and dispositions, including reviewing property documents and coordinating due diligence tours and third-party vendors.
  • Serve as the lead point of contact with sellers to coordinate new acquisition activity, communicating with Blackstone’s transaction team and AIR departments.
  • Assist with closing activities in coordination with outside counsel.
  • Serve as a point of contact for brokers and buyers on dispositions and coordinate broker opinions of value, diligence materials, and the sale process with relevant teams.
  • Manage coordination of all due diligence aspects for multifamily acquisitions, including preparation, onsite visits, internal review calls, document review, closing preparation, closing, and post-closing activities.
  • Manage coordination of the disposition process, including preparing for market, marketing, calls for offers, buyer selection, contract, and closing phases.
  • Manage the broker opinion of value process, including preparing property materials for brokers, answering property questions, managing timelines, and submitting opinions for review.
  • Review third-party reports and seller-provided statements of operations.
  • Schedule investment due diligence related to operational performance.
  • Communicate with the Investments team about deal timelines and notable items.
  • Serve as the main point of contact with buyers and/or sellers throughout each deal.
  • Coordinate with AIR departments to onboard and offboard assets.
  • Manage one or two direct reports.
  • Perform targeted projects.
  • Travel minimally.

Desired Qualifications

  • Experience with multifamily real estate and transactions.
  • A bachelor's degree in a related field.

About the Company

AIR Communities

Multifamily housing REIT and operator

AIR Communities owns and operates a large, diversified portfolio of multifamily apartment communities across the United States. It earns most of its revenue from rental income, with additional activity from property acquisitions and dispositions to optimize the portfolio. The company buys, owns, and manages apartment properties at scale to keep occupancy high and generate steady cash flow, with its shares traded on the NYSE under symbol AIRC to provide public market liquidity and relatively low financial leverage. Its goal is to deliver stable, high-quality residential communities and efficient operations that provide predictable returns for investors through rental income and portfolio management.

Company size
501-1,000
Company stage
IPO
Headquarters
Baltimore, MD
Founded
1994

Recently Posted Jobs

Explore more opportunities at AIR Communities

See more jobs