Keys to effective transaction management
Turning your deal flow into strategic momentum requires a dedicated team with the right skills, processes and data to elevate transaction management.
These are the top factors that set apart winning transaction management teams:
Future-focused mindset: A strong transaction management team focuses on the overall health of your portfolio, always considering how each deal contributes to long-term goals.
Reliable, accessible data: Predictive analytics and insight dashboards help you see opportunities, plan with clarity and act proactively to adapt to change. Dependable data starts with your lease administration function — you need a reliable, single source for all lease information globally.
Consistent process and playbook: An established approach allows you to act quickly, giving you a leg up on competitors.
Market-facing team: “Information in commercial real estate is not always publicly available,” says Adams. “It makes all the difference to have someone who’s connected to building owners and the brokerage community feed you proactive intelligence on what’s happening in the market.”
Strong connections: The most effective transaction management teams have collaborative relationships with colleagues throughout the CRE function. They work closely with occupancy planning, facility management, lease administration and strategy teams to get necessary inputs for negotiating leases.
If your team currently lacks the necessary technology, processes and skillsets to drive more value from your transactions, a strong partner can give you a jump start. A qualified third party will offer technology platforms, proven playbooks and experience transforming transaction management at other organizations.
Strategic transaction management made possible by JLL
Ready to turn your transactions into strategic momentum? JLL helps global organizations connect the dots across their portfolios with a tech-forward approach. We infuse traditional transaction management teams with insights from Lease Administration, Consulting, Capital Markets, Brokerage and more, elevating Transaction Management into strategic portfolio management.
Your real estate transactions have the potential to drive long-term business value and competitive advantage. Contact us today to start realizing that potential.