We are currently seeking an Analyst to join our team and will be responsible for assisting our Asset Managers across our high-yield debt and equity positions for various bank, REIT, and Private Equity clients. The Analyst will work closely with the Asset Managers on a diverse portfolio of transitional commercial loan assets spanning various commercial real estate property types and regions.
RESPONSIBILITIES
ESSENTIAL DUTIES and Responsibilities:
Support the asset managers in monitoring each position's performance relative to underwriting, budget, and covenants within loan documents
Interaction and communication with other departments regarding borrower inquiries to ensure accuracy in all transaction requirements including billing, reporting, remitting and system set up
Monitor portfolio specific reports as required to process any open issues as required
Coordination with and/or management of various third parties including servicers, borrowers, lenders, and construction consultants, amongst others
Assist with managing the draw review process for ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros
Assist with monitoring performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing
Work collaboratively to achieve department and firm objectives
Other responsibilities as assigned
Core Competencies:
Strong written and verbal communication skills to clearly convey loan status
Ability to problem solve and communicate with others at all levels - internally and externally
Must display a high degree of initiative, task ownership and attention to detail
Must be willing and able to research and resolve matters as new issues arise
Ability to work productively and multitask
Interpret and utilize policies and procedures, investor guides and loan documents
Possess excellent collaboration skills
Ability to organize and prioritize projects, complete multiple tasks on schedule, and function as a committed team player
Work productively in a fast-paced, ever-changing work environment
Qualifications:
Bachelor's Degree in Real Estate, Economics Finance or another related field required
Minimum of 2 years of experience in commercial real estate is required, including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting
Must be proficient in Microsoft Excel and ARGUS experience preferred
Excellent verbal and written communication skills
Ability to work in a fast-paced and quickly changing environment.
