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Real Estate Transaction Manager

$140k - $160k

Lord Abbett & Co LLC

The RoleThe Transaction Manager owns end-to-end execution logistics for LAPRE's acquisition, disposition, and financing transactions across all active and expansion markets. This role keeps every deal moving — tracking deadlines, coordinating counterparties, managing paper flow, and surfacing issues before they become problems — so that the Head of Origination and fund leadership can focus on decisions rather than logistics.This is an execution and coordination role, not a negotiating role. The Transaction Manager facilitates negotiations — routing offers, tracking redlines, managing deadlines, and moving the transaction process forward — but does not set or approve deal terms. All pricing, contingency, credit, and concession decisions are made by the Head of Origination.We'll Trust You To:Acquisition-Side TransactionsTrack the pipeline of executed LOIs/PSAs and key dates (due diligence expiration, EMD deadlines, closing dates) across all active marketsCoordinate EMD wire instructions and confirm receipt/deposit with the title companyManage due diligence checklist execution — order title, survey, and environmental reports; engage local counsel; track deliverable receiptLiaise with civil engineers and expediters on feasibility items feeding go/no-go decisionsFlag due diligence findings requiring IC or leadership attention (title defects, easements, deed restrictions) ahead of hard EMD datesCoordinate closing logistics: settlement statement review, internal legal review, wire coordination, recording confirmationMaintain the acquisition transaction log (status, dates, counterparties, outstanding items) for IC reportingNegotiation FacilitationRoute incoming offers, counters, and redlines to the Head of Origination with a summary of what changed and why it matters (price, contingency length, EMD, cost allocation)Track negotiation history per deal — version control on PSA drafts, redline turnaround times, and outstanding open itemsDraft and circulate counter language once terms are set, then manage paper flow back to the counterpartyFlag negotiation deadlines (offer expirations, response windows) with enough lead time for a considered decisionLoop in local counsel on non-business terms (indemnification language, boilerplate) without requiring escalation for every clauseMaintain a running open-issues list per deal so terms are not renegotiated by accident or dropped between roundsFinancing CoordinationCoordinate loan closing logistics per property: document execution, title company/lender coordination, funding conditions checklist, recording confirmationTrack construction loan closing timelines against acquisition closing dates to keep financing on scheduleMonitor loan covenant items tied to transaction events — borrowing base additions/releases, cross-collateral release conditions at dispositionOwn lender relationship coordination on structural items: extension requests, amendments, and facility administrationDisposition-Side TransactionsCoordinate listing preparation (photography, MLS input, marketing timeline) with brokersManage the incoming offer log and PSA redlines in coordination with the deal leadTrack buyer due diligence and financing contingency deadlinesCoordinate appraisal, inspection, and walkthrough scheduling with brokersManage closing coordination: title clearance, lender payoff letters, settlement statement review, proceeds distribution trackingCross-Cutting / OngoingMaintain a master transaction calendar across all active acquisition, disposition, and financing activity, flagging upcoming deadlinesServe as the point of contact for title companies, closing attorneys, and escrow agentsMaintain the document repository (PSAs, title commitments, closing binders) per propertyPrepare weekly/monthly transaction status reports for IC and leadershipTrack post-closing items — recorded documents, final title policies, warranty deed deliveryOwn the "R" on transaction execution tasks within the RASCI matrix that are currently unassigned or ambiguousYou'll Need To Have:5–8 years in real estate transaction coordination, title/escrow, closing management, or real estate paralegal work; construction loan closing experience strongly preferredDemonstrated ability to manage multiple simultaneous transactions and deadlines across markets without dropping detailsComfortable interfacing directly with lenders, title companies, brokers, and outside counselStrong written communication — this role drafts and routes negotiation-adjacent correspondence, so clarity and precision matterHigh discretion; regularly handles confidential deal terms and financial informationResidential land development or homebuilding experience a plus, not requiredWhy Lord Abbett?Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.Principles-Based - We empower our leaders to create an environment of trust.Performance-Oriented - We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.Purpose-Driven - We instill a passion for always putting our clients' interests first.We have been ranked #1 in Barron's Best Fund Families for 2024 and have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.Compensation Information: Annual base salary for this role is $140,000-$160,000. Salary is estimated for this role. Actual pay may be different.Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.Benefits: Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord AbbettLord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant's relevant experience, skills and qualifications.

Vacancy posted 4 days ago
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