Apply on Employer Site

SitusAMC · 1 day ago

Associate, CRE Loan Origination

New York, NY

Full-time

Onsite

Mid Level

$135K/yr - $175K/yr

4+ years exp

SitusAMC is a company focused on transforming client businesses and supporting career growth in the Real Estate Industry. They are seeking an Associate for their Large Loan Team to assist in the screening, sizing, structuring, underwriting, and documentation of potential CRE loan opportunities across diverse asset classes.

Financial ServicesOutsourcing

Responsibilities

Support large loan originators with the sizing, underwriting/due diligence, closing and execution of large loan transactions across various geographies and asset types

Prepare sizing cashflow and, estimated capital stacks for pricing and quoting large loans and for purposes of preliminary credit approval

Recommend structural loan features to enhance credit and mitigate risk

Prepare all necessary components of the credit package, including due diligence material, credit memo/Asset Summary Report and underwriting

Complete site inspections and detailed market analysis, including broker interviews and discussions with property management and ownership

Analyze detailed property financial information

Create and/or review existing Argus cash flow models; edit assumptions based on actual market data collections and financial review information

Review third party reports (appraisal, engineering, environmental, etc.), and identify key issues that warrant further investigation and/or revision

Participate in presentations and discussions with clients, mortgage brokers, loan syndication partners, rating agencies, B buyers and mezz lenders regarding loan structure, sponsorship, legal, property, market, pricing, and underwriting issues

Assist Capital Markets team to ensure the successful execution/exit of loans, including coordination with rating agencies, investors, and securitization functions