Provide analytical support in the underwriting and closing of commercial real estate loans or securitizations
Review, analyze and/or interpret financial operating statements, rent rolls, third party reports, tenant lease agreements, surveys, title reports, zoning reports, property insurance policies, credit reports, and other due diligence requirements
Assist with loan closings and procure needed closing items
Research, analyze and summarize tenant level information including financial trends and credit ratings
Conduct telephone interviews to solicit market data with brokers, appraisers, investors and other market participants
Research, analyze and summarize market and submarket information including inventory, absorption, new/proposed development, and rent and vacancy trends
Write property, market, borrower/sponsor descriptions and third-party report summaries that will be included in credit memos and asset summary reports
Manage interactions and underwriting assignments directly with clients
Requirements
Bachelor’s degree or equivalent combination of experience and education
5+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent
2-5 years’ experience in real estate related or financial services industry, primarily focused on commercial properties
Experienced underwriting agency multifamily, CMBS or CRE balance sheet loans or securitization is strongly preferred
Familiarity with commercial real estate, due diligence process, affordable housing loans, commercial lending policies, securitization and credit and risk management policies
Full understanding of property sectors (office, retail, industrial, hotel, multifamily)