At a Glance
- Tasks: Join a dynamic team to source and execute real estate debt investments across Europe.
- Company: MCAP Global Finance, part of Marathon Asset Management, a leading global credit manager.
- Benefits: Competitive salary, pension contributions, private medical insurance, and company lunches.
- Other info: Fast-paced environment with opportunities for growth and development.
- Why this job: Gain hands-on experience in commercial real estate and work closely with industry experts.
- Qualifications: Degree in finance or related field; 2-4 years in commercial real estate preferred.
The predicted salary is between 50000 - 60000 £ per year.
MCAP Global Finance (UK) LLP, the UK affiliate of New York based global asset manager Marathon Asset Management L.P., is a leading global credit manager with over $24 billion of capital under management. Marathon has operated in Europe since 2004 and has offices in London and Luxembourg.
Marathon’s Commercial Real Estate group has a 28-year history of success in partnering with real estate owners and operators to provide lending solutions across the capital stack in every asset class. The Commercial Real Estate team is seeking an Associate in the London office. The successful candidate will be part of a growing strategy and play a meaningful role in the team’s success.
Lean teams provide significant exposure to senior members of the business and the opportunity for direct involvement in all aspects of the investment process including analysis/underwriting, IC process, execution and post-closing portfolio management. The Associate will have the opportunity to participate in a wide range of real estate debt transactions investing in Europe across all property types, including:
- New debt originations such as first mortgage loans, junior debt, B-notes and preferred equity
- Acquisitions of performing real estate loans, CMBS and real estate corporate loans
- Restructurings and recapitalizations
Primary Responsibilities
- Assist in the sourcing, evaluation and execution of new investments across a variety of geographies and property types
- Prepare and present detailed investment memorandums and financial models for investment committee review
- Conduct comprehensive due diligence, including gathering and reviewing documentation from borrowers, brokers and third parties
- Support the structuring, negotiation, and closing of investment transactions in coordination with deal teams and legal and closing departments
- Participate in deal pipeline management, early-stage deal screening, ongoing portfolio monitoring and reporting
- Interface with borrowers and industry partners to ensure timely and successful transaction execution
Qualifications
- Bachelor’s or Master’s degree in finance, business, mathematics, engineering, statistics or related quantitative field preferred
- 2-4 years of experience in commercial real estate; investment banking, debt/equity advisory, acquisitions or lending experience preferred
- Advanced proficiency in Excel and financial modelling, as well as Power Point
- Strong oral and written communication skills
- Highly motivated, disciplined, responsible personality with attention to detail, high energy level and strong work ethic
- Proactive thinking with detail-oriented and creative approach to problem solving
- Fluency in European languages (e.g. German, French, Spanish, Italian) is a plus but not required
Base pay offered will be determined based on your experience, location, skills, training, certifications, and education, and in addition we will also consider internal equity and market data. Marathon’s benefits include, but are not limited to, pension contributions, private medical insurance, life insurance, and company‑provided lunches.
Equal Opportunity Employer M/F/D/V
Associate, Commercial Real Estate Debt (London) employer: Marathon Asset Management, L.P.
Marathon Asset Management offers an exceptional work environment in the heart of London, where employees are empowered to take on significant responsibilities and engage directly with senior leadership. With a strong focus on professional development, the firm provides ample opportunities for growth within the dynamic field of commercial real estate debt, complemented by competitive benefits such as pension contributions and private medical insurance. Join a collaborative culture that values innovation and teamwork, making it an ideal place for those seeking meaningful and rewarding careers.
Contact Details:
Marathon Asset Management, L.P. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate, Commercial Real Estate Debt (London)
✨Get Involved in Local Property Events
Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.
✨Connect with Local Agents on Social Media
Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Marathon Asset Management, L.P..
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Marathon Asset Management, L.P.? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.
✨Utilise Property Management Platforms
Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Marathon Asset Management, L.P.'s careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Associate, Commercial Real Estate Debt (London)
Some tips for your application 🫡
Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!
Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!
Tailor Your Documents for the Job:Every application should feel personal. When applying for the Associate, Commercial Real Estate Debt (London) role at Marathon Asset Management, L.P., tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!
Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!
How to prepare for a job interview at Marathon Asset Management, L.P.
✨Know Your Market Trends
In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Marathon Asset Management, L.P. operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.
✨Prepare for Scenario Questions
Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.
✨Showcase Your Connections
In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Marathon Asset Management, L.P.. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.
✨Demonstrate Technical Savvy
Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Marathon Asset Management, L.P..
