Full Job Description
We are seeking an Analyst to join our Healthcare Loan Origination team in our New York City headquarters. This position provides organizational and analytical support to an Origination team that delivers various debt products to healthcare owners and operators, including FHA, Bridge, and Mezzanine. This position is geared toward graduates or candidates with 0-2 years of experience. An ideal candidate will have a demonstrated interest in real estate finance, lending, or originations and be motivated to learn and grow with the team. This is a unique opportunity to work directly with one of the largest Healthcare HUD originations teams in the country that has financed over $2B of HUD-Insured and Bridge loan products. The team functions like a small start-up with a client-centric and result-oriented mindset.
Primary Duties and Responsibilities:
• Identify and analyze healthcare real estate opportunities through the perspective of a lender for both short-term bridge and mezzanine loans and HUD 223(f) financing, securitized by skilled nursing, assisted living, and memory care healthcare assets.
• Assist team with initial underwriting and deal sizing for prospective opportunities utilizing historical property financials, borrower proformas, and market data.
• Prepare financial analyses and written memorandums to summarize loan opportunities that will be used to pitch to third-party banks for bridge and mezzanine partnerships.
• Assist in the financial and operational due diligence process for loan transactions, including ordering and evaluating appraisals, market studies, project capital need assessments, environmental studies, analysis of corporate and personal financial statements, and any other document(s) needed as part of the underwriting process.
• Monitor and evaluate monthly performance trends and metrics for healthcare assets, draw conclusions, and prepare written summaries to present to senior team members.
• Assist in completing various ad-hoc analyses for projects in every stage of the deal lifecycle, from initial sizing to closing.
• Collaborate directly with owners and operators of healthcare assets to help achieve their financing objectives.
• Regularly communicate with various members of Greystone's internal departments, including underwriting, project management, closing, and asset management.
Experience, Skills, and Abilities Required:
• Bachelor's degree from an accredited college or university is required.
• Proven track record of success in prior academic or work experience.
• Excellent verbal and written communication skills.
• Knowledge of Microsoft Office with advanced Excel skills is required.
• Must be an independent self-starter; eager and willing to complete tasks and take on responsibility without being asked.
• Must be a proactive, detail-oriented person with excellent organizational and analytical skills.
• Can work collaboratively in a small team environment and be able to work in a fast-paced, time-sensitive environment with strong time management skills.
• Multifamily and/or healthcare analytic/underwriting experience is a plus.
Greystone offers a competitive base salary, bonus, and benefit package. The base salary range for this position is $80,000 to $90,000/year. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process.