Posting Info

Posting Dates: 12/14/2020 - No Closing Date

Job Family: Facilities & Real Estate

Department: Property Reserve Inc.

Worthiness Qualification

Must be a member of The Church of Jesus Christ of Latter-day Saints and currently temple worthy.

Posting Notice/More Info.

Please Note: All positions are subject to close without notice. (tech123)

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About Working for the Church

Property Reserve, Inc. (“PRI”) is the commercial real estate investment group for the reserve fund of the Church of Jesus Christ of Latter-day Saints. Building on more than 50 years of experience, PRI has established a reputation for excellence in the United States and has expanded into international markets within the last five years. Unique in the industry, PRI’s investment activities span the development spectrum and include transitioning agricultural land, development, transactions, asset management, and private, non-traded REIT investments.

Based in Salt Lake City, Utah, PRI offers a healthy work-life balance with quick access to outdoor recreation and many other activities. With company growth accelerating, so too have employment and long-term career opportunities. Our connection to the Church of Jesus Christ of Latter-day Saints provides a faith-based cultural environment fostering high standards of conduct and excellence in all that we do. Our values define the working environment we strive to create—collaborative, supportive, inclusive, and empowering.


The Transactions Manager at Property Reserve, Inc. is responsible for property investment efforts by identifying, analyzing, negotiating, recommending, and closing real estate investments within assigned markets. Property acquisitions include multi-family, office, and industrial investment real estate.

The Transactions Manager is expected to gain expertise in the assigned markets through sourcing and managing acquisition opportunities.  The position is responsible to build and maintain strong working relationships with key real estate professionals in the market and source investment transactions consistent with investment strategy. The position is based in Salt Lake City, UT with an acceptable timeframe to relocate to Salt Lake City as needed.  Assigned markets will include major metros in the United States.


  • Contributes to defining the investment strategy and recommends tactical investment criteria
  • Identifies and underwrites investment real estate opportunities in growth markets
  • Analyze investment opportunities through market research, in depth financial analysis, and complex financial modelling
  • Presents investment recommendations for approval, showing economic merit through rigorous financial analysis and personal inspection of the asset and comparable properties
  • During due diligence, substantiates and verifies all key assumptions through appraisals, feasibility studies, engineering studies, environmental reports, financial statement and lease audits, title reports, surveys, and other legal opinions
  • Negotiates purchase and sale contracts
  • Support transactions including investment underwriting, due diligence processes, structuring, and closing
  • Responsible for selected dispositions
  • Contributes to annual valuations of portfolio properties and hold/sell analysis
  • Support broader team and contribute to strategic projects
  • Contribute to the improvement of existing processes and promote the adoption of best practices as related to the above duties and responsibilities
  • Perform other essential duties as assigned


  • Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy
  • Bachelor’s degree in related field required; MBA, MRED, CCIM, CFA or other related master’s degree strongly preferred
  • 2-5 years of commercial real estate transactions experience
  • Proven track record of successful acquisitions and financial returns
  • Ability to establish relationships with key brokers, developers, and institutional property owners
  • Experience in pricing of real estate risk, markets, and asset selection within markets
  • Excellent negotiation, communication, and presentation skills, both oral and written
  • High level of proficiency in Excel and Argus Enterprise
  • Sound commercial real estate experience
  • Excellent analytical, quantitative, and problem-solving skills
  • Experience in structuring forward commitments and joint ventures
  • History of working cooperatively with related teams; asset management and development preferred
  • Travel required
  • Ability to multi-task in a fast-paced environment and execute a wide range of assignments
  • Strong work ethic, an entrepreneurial spirit; passion for excellence and desire to learn
  • Accuracy and attention to detail--fastidious
  • Ability to prioritize assignments to meet numerous deadlines
  • Solid understanding of financial concepts with time value of money
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