Job Description
Essential Job Functions:
- Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors
- Processing of borrower requests and consents
- Analyze property financials and report property/loan performance to Lenders/Investors on a quarterly basis via a Quarterly Asset Report (QAR)
- When applicable, correspond with Sponsors/Borrowers for updates on any property-level concerns, including Capital Expenditure Projects, leasing progress, Construction Status and overall performance
- Prepare and submit weekly loan portfolio updates identifying all relevant issues, discussions and events that occurred during the week
- Monitor loan specific events and triggers
- Supervise and mentor direct reports
- Such other activities as may be assigned by your manager
Qualifications/ Requirements:
- Bachelor's degree preferred field of study: real estate, finance/accounting, business or equivalent combination of education and experience
- Experienced professional with 3+ years of industry and/or relevant experience
- Proficiency with major property types (office, industrial, retail, multifamily)
- Basic knowledge of specialty property types (hotels and condominiums)
- Proficiency with CRE principles including underwriting, loan servicing and treasury practices
- Proficient with common CRE calculations and concepts: IRR's, NPV, DSCR's, DY, NOI/NCF
- Basic knowledge of all deal types (transitional, development, pre-development, repositioning, and stabilized properties) and complex debt positions (participations, syndications, CLO's/CDO's)
- Basic Knowledge of complex debt positions (senior and mezzanine debt, warehouse, and repo lines)
- Advanced Excel Skills
- Advanced knowledge of MS office suite including outlook, excel, power point and word
Real Estate Specialist - Cobalt Recruitment employer: Cobalt Recruitment
Cobalt Recruitment is an exceptional employer that fosters a dynamic and supportive work culture, ideal for Real Estate Specialists looking to thrive in their careers. With a strong emphasis on professional development, employees benefit from mentorship opportunities and the chance to engage with diverse property types, all while enjoying a collaborative environment in a vibrant location. The company prioritises employee well-being and offers competitive benefits, making it a rewarding place to build a meaningful career in real estate.
Contact Detail:
Cobalt Recruitment Recruiting Team