2-5 years of commercial real estate experience and loan underwriting.
Proficiency in Microsoft Excel, Word, and Outlook.
Strong organizational, leadership, and quantitative skills.
Expertise in market research and financial statement analysis.
Robust analytical skills are necessary.
Exceptional written and verbal communication skills.
Responsibilities
Oversee a diversified portfolio of complex commercial real estate debt transactions.
Manage all transaction types, including stabilized, construction, and transitional loans.
Independently handle complicated transactions and collaborate with a team.
Underwrite performing and non-performing loans and secondary market acquisitions.
Prepare Asset Summary Reports and ensure timely documentation for closings.
Manage third-party report engagement and review all reporting materials.
Provide quality control on materials prepared by junior team members.
Benefits
Onsite position in El Segundo, CA.
Opportunity to work on high-value transactions ranging from $25 million to $500 million.
Exposure to various types of commercial real estate assets including office, retail, and multi-family.
Collaborative team environment with opportunities for mentorship.
Engagement with macro-economic trends and real estate investment fundamentals.
Full Job Description
Job Summary:
The Senior Associate, Investment Advisory will oversee a diversified portfolio of complex commercial real estate debt transactions, including whole loans, syndicated loans, and Commercial Mortgage Backed Securities (CMBS) across stabilized, construction, and transitional loans. This role requires strong expertise in real estate investment fundamentals, independent review of loan agreements and third-party reports (appraisals, engineering, environmental, and zoning), and sound judgment on complex transactions across multiple U.S. markets.
Location:
This position is based onsite at a client location in either El Segundo, CA.
Responsibilities:
Asset Management
Understands multiple types of transactions and structure including whole loans, syndicated loans and CMBS, with deals sizes that vary significantly from $25 million to $500 million.
Portfolio management of all transaction types that include stabilized loans as well as construction and transitional loans.
Able to work on complicated transactions independently and with a team.
Underwriting for performing and non-performing loans and secondary market portfolio acquisitions (e.g., b-piece, non-distressed loan pools)
Underwrite and value office, retail, industrial, multi-family, hospitality, and mixed-use. Construction or redevelopment experience preferred, but not required.
Prepare Asset Summary Reports
Work with team in collecting all required underwriting documentation and monitor receipt of information to meet target dates established for closing the transactions
Ability and understanding to manage third party report engagement process and review all reporting (Appraisals, PCRs (Property Condition Report), Phase 1, Zoning, Seismic)
Provide quality control on materials prepared by more junior team members
Understanding of macro-economic trends and real estate investment fundamentals
Expertise with third party reports including: appraisals, engineering reports as well as understand environmental assessments, zoning letters, credit reports, background checks, credit references and legal documents.
Experience in multiple markets, research, lending market trends and real estate market movements.
Loan Management
Perform independent reviews of notes, loan agreements, yield maintenance, any other legal documents.
Draft internal communications as well as responses to servicers, appraisers, etc. and facilitate training as needed.
Assist in reviewing loan modification documentation, audit requests, etc. requiring strong knowledge of Loan Operations systems and processes.
Assist in managing data in relevant loan management and accounting systems.
Review, monitor, and provide feedback on servicer performance and correspondence on behalf of the relevant lenders.
Monitor and track receipt of third-party Servicer certifications, bank certifications, financials, and Uniform Single Attestation Program (USAP).
Required Qualifications:
Bachelor's degree required.
2-5 years of related commercial real estate experience and loan underwriting.
Must have proficiency in Microsoft Excel, Word, and Outlook.
Strong organizational, leadership, and quantitative skills.
Expertise in market research, financial statement analysis, and loan management.
Robust analytical skills are necessary.
Exceptional written and verbal communication skills.
Team-oriented, ready to collaborate and contribute to collective goals.
Compensation:
The base salary range for this position is $110,000 to $125,000 annually. Actual compensation will be determined based on experience, skills, and location.
