Commercial Real Estate Job Description
Commercial Real Estate Duties & Responsibilities
To write an effective commercial real estate job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial real estate job description templates that you can modify and use.
Sample responsibilities for this position include:
Commercial Real Estate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commercial Real Estate
List any licenses or certifications required by the position: UCC, CFA, MAI, HSB, PMP, RM, MSRE, CPM, RPA, RICS
Education for Commercial Real Estate
Typically a job would require a certain level of education.
Employers hiring for the commercial real estate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Business, Real Estate, Accounting, Economics, Education, Management, Technical, Communication, Business/Administration
Skills for Commercial Real Estate
Desired skills for commercial real estate include:
Desired experience for commercial real estate includes:
Commercial Real Estate Examples
Commercial Real Estate Job Description
- Ensure expense accrual accounting and accounts are properly reconciled and review escalations etc
- Monitor cash management of multiple accounts
- Large player nationally in commercial real estate
- Large amount of cash on hand
- Many avenues to grow and attain more responsibility
- Great culture to work in
- Experience with Yardi, Timberline software
- When appropriate, schedule a kickoff call with the Borrower to introduce the members of the Closing Team
- Maintain the closing checklist and lead periodic closing calls to assess the status of items required prior to closing
- Review the initial draft of the loan documents prepared by BMO external counsel prior to distribution to the Borrower
- Advanced Excel - Pivot Tables, V-Lookups, Macros
- One to four years of relevant commercial real estate lending, commercial lending, accounting or due diligence experience, preferably in a bank, finance company or accounting firm environment
- At least 1 to 3 years of mechanical experience preferably in a commercial facility with an emphasis in medical office plus experience with electrical, building equipment and building repairs
- All requests from all Regional Offices are administered through the Toronto or Vancouver office
- This position must evaluate and underwrite various types of real estate in all parts of the country
- Technical proficiency with tools that maximize effectiveness of sales process such as client relationship management (Salesforce) system, client profitability system
Commercial Real Estate Job Description
- Compile quarterly market statistics, including collection, verification, final approval and analysis
- Create, write, analyze and edit quarterly real estate reports for the Dallas-Fort Worth market
- Articulate in a compelling way trends in written reports and live presentations
- Develop thought pieces and positions on trends affecting the market, economy, region and industries
- Track and analyze supply and demand fundamentals, leasing comparables, and sales activity
- Track, maintain and disseminate data for critical indicators including development pipelines, active tenants in the market and lease comps, among other data points
- Analyze and report on the local and regional economy with respect to employment statistics, major company activity, and industry and demographic trends that affect the real estate market and economy
- Attend relevant sales or business team meetings and actively contribute local or national research insights
- Create maps and other data visualizations (electronic and hard copy) in support of research needs
- Perform ad-hoc data and research requests as needed
- Experience with the cash-flow dynamics of Commercial Real Estate companies
- Must be licensed in New Jersey
- Must have 5-10 years of corporate real estate accounting experience or public accounting experience with real estate clients or REIT accounting experience
- Internship experience to one year of relevant commercial real estate, corporate finance, commercial lending, accounting or due diligence experience, preferably in a bank, commercial real estate firm, finance company or accounting firm environment
- Work with members of the client’s inner circle to advance their loan request business managers, family office personnel
- Minimum five years of transferable experience in commercial loan administration
Commercial Real Estate Job Description
- Complete necessary documentation and due diligence to ensure accurate and compliant opening of depository accounts and other bank products
- Creating and maintaining financial models, sensitivity analyses, analysis of the risks and mitigating factors of potential investments
- Forge effective working relationships with the Bank’s Relationship Managers and Loan Teams in order to define the structure of each loan request, ensure that the loan can be documented and serviced by the Bank, and accurately enter loan information into the CRE origination system
- Perform end-to-end duties to ensure successful loan transactions, including file/document preparation, due diligence review, client follow-up, and funding of loans
- Assist RM’s, Loan Processors and Analysts with managing their workflow, questions regarding products, functionality, , providing options and escalating issues when appropriate
- Ensure the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoicing/billing, customer credits and collections, payroll, perpetual inventory integrity, fixed asset records, general & entity accounting, cost accounting, and operations
- Manages all phases of project management including
- Interfaces with clients to define project requirements and provides regular updates to the client throughout the entire project
- Creates and manages project schedules and meets deadlines
- Able to present scope of work and action plans with internal and external people to meet the project’s objectives
- Minimum 5 years of relevant work experience in an agency, media, or internal marketing communications department (experience in real estate services or professionals services preferred)
- Comparable work experience or Bachelor’s Degree in journalism, communications or marketing
- A Bachelor’s degree in Business, GIS, Economics, or related field of study from an accredited institution, university or college is required
- A solid one to two years experience in commercial real estate research or closely-related field is required
- Proficiency with GIS software and related resources, such as ArcGIS, MapInfo, Esri
- Intense interest in real estate, the economy, and markets overall
Commercial Real Estate Job Description
- Facilitates client and vendor meetings regarding project matters
- Ability to create Request for Proposals for desired work scope needed
- Travel within the US is required based on the project locations assigned
- Desired candidate can work independently and ideally can office from home
- Manages all facets of commercial real estate project management (budget, schedule, procurement, quality & risk) for individual real estate projects including planning, design, construction, occupancy and closeout
- Oversee security system upgrades and installations across the US with travel as needed
- Oversee and manage audio/visual equipment and installation across the US with travel as needed
- Responsible for managing projects for a team with a project lead of 100-200 per year
- Oversee project installation and upgrade of ATM machines at bank branches
- Review third party reports (to include Title Report, Phase I Environmental, Appraisals, Plan & Cost Reviews, Property Condition Reports)
- Motivated, self-starting focus and a quick learner, with an ability to absorb and creatively use information
- Innovative by nature, with command of constantly-evolving technology offerings
- Candidates must be available to work full-time from June 12, 2017 through August 18, 2017
- It is not permissible to simultaneously take academic classes or hold other employment that will conflict with the internship schedule
- Selected candidates will need to successfully complete a thorough background check
- Strong data and analysis skills, including Excel and SQL data manipulation skills
Commercial Real Estate Job Description
- Review and respond to title comments and objections
- Review and understand complex American Land Title Association (ALTA) surveys
- Review and map legal descriptions
- Handle complex closings to include construction loans
- Review entity and organizational documents
- Work directly with clients, attorneys and their staff in all transaction phases
- Document files for audit purposes
- Identify key issues that may create variations from original investment expectations
- Provide commercial real estate property tax services
- Engage in building and fostering client relationships
- Dynamic professional
- Computer proficiency with a strong working knowledge of Microsoft Excel and Word
- A Bachelor's degree or comparable training
- Industry designation preferred
- Dealing with third parties intermediaries (brokers, ) experience desired
- Minimum of 3-5 years’ experience in commercial real estate is required with at least 2 years’ experience dealing with financing issues and structures