Position Summary
The Vice President, Transactions & Transitions is responsible for leading the cross-functional execution of real estate transactions and asset transitions across the enterprise.
The position serves as the central coordination point for capital events, ownership and portfolio changes, property management transitions, and other significant events that require coordinated action across multiple business lines and corporate departments.
The VP ensures that transactions and transitions move from decision through closing, implementation, and operational stabilization in a disciplined and consistent manner. The role establishes governance, timelines, accountability, readiness standards, and handoffs while ensuring that business owners and functional leaders remain accountable for the substantive work within their respective areas.
The VP reports to the Chief Operating Officer, has direct reports supporting transaction and transition execution, and works closely with business-line and functional leaders across the enterprise.
Primary Areas of Responsibility
Transactions
Lead enterprise coordination and execution planning for significant real estate transactions, including:
Acquisitions
Sales and dispositions
Portfolio acquisitions or dispositions
Ownership changes and entity restructurings
GP/LP or fund ownership changes
Year-15 and similar ownership transitions
Refinancings and recapitalizations where significant cross-functional coordination is required
Other transactions requiring coordinated operational implementation
For each transaction, establish the enterprise workplan, identify required functional deliverables, track dependencies and deadlines, surface risks, and coordinate readiness through closing.
Asset and Management Transitions
Lead major operational transitions affecting properties or portfolios, including:
Change in property management company
Transition from third-party management to in-house management
Transition from in-house management to third-party management
Change between third-party management companies
Acquisition onboarding
Disposition offboarding
Significant regulatory or ownership conversions requiring operational transition
May be added at a later date: Construction completion and turnover to Property Management; New development lease-up and stabilization; Major rehabilitation or repositioning transitions; and Portfolio transfers between internal operating teams
Establish transition plans covering people, systems, data, financial operations, vendors, contracts, resident operations, compliance, technology, insurance, reporting, and documentation.
Transaction & Transition Governance
Develop and maintain a standardized enterprise framework for transactions and transitions, including:
Transaction and transition playbooks
Standard workplans and checklists
Functional deliverables
RACI matrices
Stage gates and readiness reviews
Closing readiness requirements
Day 1 / Day 30 / Day 60 / Day 90 plans
Escalation protocols
Executive reporting
Post-transition reviews and lessons learned
Establish clear accountability by function and ensure that required activities are completed before major milestones.
Cross-Functional Leadership and Accountability
Serve as the central transaction and transition lead across participating teams, including:
Business Lines: Fund Management; Development (3); Asset Management; Property Management; Construction
Corporate Departments: Legal; Finance; Property Accounting; Corporate Accounting; Treasury; Tax; HR / Payroll; IT; Yardi / Business Applications; Data & Reporting; Insurance / Risk Management
Departments within Property Management: Compliance; Residential Leasing; Marketing / Communications; Contract Administration; Procurement and Vendor Management
Partner with functional leaders across these teams to establish required deliverables, owners, deadlines, dependencies, and readiness standards for each transaction or transition.
Operational Readiness
Ensure that the…