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Colliers · 22 hours ago

Asset Manager - HUD/GSE

Minneapolis, Minnesota, United States of America

Full-time

Hybrid

Mid Level

$75K/yr - $85K/yr

3+ years exp

Colliers is an industry leader in real estate services, and they are seeking an Asset Manager to oversee the administrative, financial, and operational responsibilities of a loan servicing portfolio. The role involves managing both performing and non-performing multifamily loans, ensuring strong customer service and effective communication with stakeholders.

Commercial Real EstateProperty ManagementReal Estate

Responsibilities

Responsible for performing all borrower request functions of the assigned loan servicing portfolio, including assumptions, easements, partial releases, insurance losses, loan payoff, maturity management, & other loan events

Responsible for strong customer service via prompt, professional communication with borrowers, lenders, investors, and co-workers

Maintain and Update Monthly / Periodic reporting for assigned loans

Create, document, and follow up on action plans for troubled assets

Communicate with senior mgmt. regarding remediation strategies and associated progress for troubled assets

Interacts with accounting department for the transfer of cash, processing reserve disbursements, and the maintenance of reserve and other escrow accounts

Accurately and efficiently producing required analyses of operating statements and related financial statements of commercial or multifamily properties, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements

Perform (or review third-party) property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance

Maintain a live risk rating for all projects within the assigned portfolio, inclusive of Watch List deals, and identifying/documenting project issues, trends and opportunities

Administers construction projects from initial closing through substantial completion, including draw and change order processing, budget balancing and communicating with internal Production staff, borrowers and lenders to confirm project status, with an emphasis on identifying and documenting construction issues to ensure interests of Colliers, lenders and the project are protected

Perform duties and responsibilities in accordance with applicable laws, regulations, and lender servicing guides/agreements

Other duties as assigned

Qualification

Commercial mortgage servicingMultifamily mortgage bankingHUD/FHA loan servicingFinancial statement analysisMicrosoft ExcelCustomer serviceVerbal communicationWritten communicationAttention to detailTeamwork