Transaction Coordinator Job at Marcus & Millichap, Cleveland, OH

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  • Marcus & Millichap
  • Cleveland, OH

Job Description

Transaction Coordinator, Capital Markets

Marcus & Millichap Capital Corporation (the "Company"), a subsidiary of Marcus & Millichap, Inc. (NYSE:MMI) is seeking a Transaction Coordinator, Capital Markets to support the execution, processing and closing of commercial real estate debt transactions. This role is responsible for preparing and organizing loan documentation, coordinating due diligence efforts, and ensuring transactions progress efficiently from engagement through closing. The Transaction Coordinator works closely with capital markets advisors, lenders, clients, and third-party vendors to maintain accurate documentation and ensure timely execution of financing transactions. The role may also provide an opportunity to assist in analytical work, market due diligence, and the production of marketing materials for real estate finance transactions, for the right candidate. This role is designated to be a non-exempt position.

The base salary range for this role is $35.00 $40.86 per hour. Actual pay will be determined by factors such as education, experience, and job-related skills relevant to the role. Marcus & Millichap is a multi-state employer and posted salary ranges are provided in good faith for compliance with all relevant pay-transparency regulations. These ranges may not reflect potential compensation for positions based in other states or regions.

Key Responsibilities:

  • Collect and prepare required documentation for commercial real estate financing transactions from engagement through closing and post-closing follow-up.
  • Review and abstract title-related documents, including purchase and sale agreements, title reports, surveys, escrow instructions, and related closing documents.
  • Coordinate and track due diligence requirements, including third-party reports and inspections.
  • Serve as liaison between clients, brokers, lenders, title companies, surveyors, and governmental agencies to ensure transaction milestones are met.
  • Maintain accurate electronic and physical transaction files and loan pipeline tracking.
  • Prepare estoppels, SNDAs, and related documentation as required.
  • Support preparation of lender submission packages under direction of senior team members.
  • Assist with special projects and administrative tasks as needed.
  • Ensure compliance with company standards and regulatory requirements throughout the transaction lifecycle.
  • Assist in the preparation of engagement agreements.
  • Review and input property rent rolls, leases and operating statements into financial models.
  • Research local real estate markets to identify trends, opportunities and potential risks.
  • Request and coordinate transaction documentation. Ensure required closing documentation is posted to internal systems.

Attributes/Experience:

  • Two (2) to five (5) years of experience administering commercial real estate transactions (brokerage, title company, mortgage banker, or law firm environment preferred).
  • Bachelor's degree preferred in accounting, finance, commercial real estate or economics.
  • Familiarity with commercial real estate documentation, including REAs, estoppel certificates, leases, and related transaction materials.
  • Strong organizational and time management skills with high attention to detail
  • Excellent written and verbal communication skills.
  • Ability to manage multiple assignments simultaneously in a deadline-driven environment.
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint) and ability to learn additional systems such as Salesforce or other CRM platforms.
  • Experience with CoStar and other data sources a plus.
  • Willingness to work occasional overtime to meet time-sensitive deadlines.
  • Flexible attitude with the ability to handle change effectively.

Benefits: Marcus & Millichap offers a comprehensive benefits package designed to support employees' health, well-being, and financial security. Eligible employees may have access to the following benefits, subject to the terms of applicable benefit plans: Health, dental, and vision insurance Paid time off and paid holidays 401(k) retirement plan with employer matching contributions Life and disability insurance Employee Assistance Program (EAP) and wellness resources Benefits eligibility, coverage, and employer contributions may vary based on position, employment status (full-time or part-time), location, and length of service. This summary is provided for informational purposes only and does not constitute a guarantee of benefits. Additional details will be provided during the hiring process or upon request.

Marcus & Millichap

Job Tags

Hourly pay, Full time, Part time, Work at office, Local area, Flexible hours

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