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Berkadia · 1 day ago

Real Estate Analyst

Philadelphia, Pennsylvania, United States

Full-time

Onsite

Entry, Mid Level

Berkadia is a leading mortgage banking platform recognized among the top lenders in the industry. The Real Estate Analyst will support branch originators by analyzing commercial mortgage deals, preparing loan submissions, and facilitating the underwriting process while interacting directly with borrowers and conducting market research.

Property ManagementReal EstateReal Estate Investment

Culture & Values

Responsibilities

Review and analyze the current and historical income and expense of a property together with all additional and relevant information, and to determine the terms and conditions of the loan

Prepare a formal loan submission for lenders which include writing a narrative report recommending, justifying and describing not only the loan request but also the relevant and supporting information

Answer questions from lenders generated by the submission and research, analyze and provide additional information on request

Bids are solicited from companies and proposals approved for the provision of the Appraisal, Engineering and Phase I Environmental Reports

Formal lender submissions for Loan Commitment purposes for Life Insurance Company lenders and for Early Rate Lock for Freddie Mac loans, are generated. The submissions are very detailed and address specific lender requirements. Land and building values together with market rental rates for the property are determined based on an in-depth analysis of buildings and rents comparable to the subject

Review submissions to other lenders generated by in-house closing/processing staff

Draft copies of the Appraisal, Engineering and Phase I Reports are reviewed, and changes are negotiated, if required. Order, review, approve and submit Credit Reports on various companies, i.e. borrowers and tenants

Assist Loan Processors in Pipeline entry

Compile market research data and maintain database of information

Interact with the borrower throughout the underwriting process

Assist branch originators in their marketing of company products and services

Review and analyze current and historical income and expenses of a property and determine the terms and conditions of the loan

Perform financial cash flow, cost report analysis

Prepare loan submission packages for lender review. Order and review 3rd party reports, including appraisals, environmental inspections (if necessary), property condition inspections and seismic reports (if necessary) for loans under application

Correspond directly with mortgage bankers, borrowers and clients

Complete property inspections

Assist in the closings of loans

Order, review, approve and submit Credit reports on various companies, i.e. borrowers and tenants. Review and analyze current and historical income and expense of a property along with all additional and relevant information; determine the terms and conditions

Prepare formal loan submission for lenders which includes writing a narrative report recommending, justifying, and describing not only the loan request but also the relevant and supporting information

Answer questions from lenders generated by the submission; research, analyze, and provide additional information on request

Generate formal lender submissions for loan commitment purposes for Life Insurance Company lenders and for early rate lock for Freddie Mac loans. The submissions are very detailed and address specific lender requirements. Land and building values together with market rental rates for the property are determined based on an in-depth analysis of buildings and rents comparable to the subject

Review submissions to other lenders generated by in-house closing or processing staff

Draft copies of the appraisal, engineering, and Phase I reports; changes are negotiated, if required

Order, review, approve, and submit credit reports on various companies such as borrowers and tenants

Assist loan processors with Pipeline entry

Other duties as assigned

Qualification

Financial analysisMarket researchLoan submission preparationCommunication skillsAttention to detailTeam collaborationConfidentiality

Required

Excellent written and verbal communication skills

Ability to collaborate effectively in a team and adapt to a dynamic environment

Commitment to maintaining confidentiality and adhering to organizational policies and procedures

Keen attention to detail, ensuring accuracy and consistency

Benefits

Monthly paid volunteer hours and donation matching to benefit our communities

Employee Resource Groups that help you grow with us

Fertility and family planning services

Up to 12-weeks of fully paid parental leave

Mental health care, including free counseling sessions

We'll help you fund your learning journey with generous tuition reimbursement

Pet insurance discounts

And more!

Company

Berkadia

Glassdoor4.2

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients.

Founded in 2009