We are seeking an Associate for our Healthcare Bridge Sales Desk. This position provides organizational and analytical support to the team that analyzes, sizes, quotes, and issues applications for HC bridge and mezzanine loans, which are underwritten to refinancing with a Greystone FHA, Fannie Mae, Freddie Mac, or CMBS loan.. The Greystone Bridge Lending Group is responsible for all balance-sheet lending activity at the firm, including Bridge and Mezzanine lending. The portfolio typically consists of $1-3 billion in loans at any given time, principally focused on transitional financing provided with a view towards exit via permanent financing provided by Greystone via its Fannie, Freddie, and FHA lending programs.
Primary Duties and Responsibilities:- Complete and/or review the initial analysis of proposed transactions.
- Assist with up-front deal screening (including online searches) and due diligence tasks including rent roll analysis, preliminary loan sizing analysis, preparation of loan quotes.
- Input property financial and loan information into Excel financial models and transaction summaries.
- Assess sponsor backgrounds and business plans.
- Conduct market research.
- Recognize issues and work with team to find solutions to deal with obstacles.
- Attend 2-3 weekly pricing meetings.
- Prepare soft quote proposal to send to originations team.
- Track timing and stages of each transaction.
- Regular communication with internal and external clients related to current loan pipeline.
- Interact effectively with management assistance with the Investor, borrowers, attorneys and other third parties as applicable.
- Handle other duties as needed and assigned.
- Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
- Interact positively with peers, colleagues, and senior executives.
Experience, Skills, and Abilities Required:- Bachelor's degree in Accounting, Finance, or related field.
- 1-3 years of relevant experience.
- Advanced MS Office with expert Excel skills required.
- Analytic/underwriting experience a plus.
- Ability to work independently on projects and also collaborate as a team player.
- Detail oriented with strong organizational/project-management skills.
- Excellent verbal and written communications skills.
- Strong time management skills and respect for deadlines.
- Driven, innovative team-player who is focused on results and strives to deliver a superior work product.
Greystone offers a competitive base salary and bonus. The base salary range for this position is $84,000 to $120,000/year for candidates hired in New York, NY. 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.
*For HUD's 2025 fiscal year ending September 30, 2025. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans."
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