CRE Originator

Our client is seeking to hire experienced Loan Originators to join its Multifamily lending platform in their Florida, Texas and Washington offices. The firm is a New York based Agency lender and is also a multi-strategy CRE investment platform that directly originates and securitizes senior mortgages, invests in subordinate debt including mezzanine loans, B-Notes and preferred equity, and opportunistically buys CMBS tranches including B-Pieces, performing and distressed whole loans.

WHAT THEY OFFER:

• Salary plus a bespoke commission structure.
• Considerable territorial space to roam and close deals.
• Ability to work 100% remote.
• Fees and referral fees/commissions on many other types of business associated with origination.

JOB SCOPE & RESPONSIBILITIES:

• Primary focus on originating Agency Loans – Freddie Mac and Fannie Mae loans. Several programs and licenses are in place.
• Responsibility for loan origination and transaction management, including but not limited to preliminary sizing, structuring, and negotiating
• Cross market and source fixed rate conduit loans, floating rate bridge loans, mezzanine loans, and preferred equity and common equity investments
• Work with sizing team to prepare initial deal review summaries and preliminary loan analysis
• Work with sizing team to generate term sheets and loan applications
• Establish strong professional relationships with existing and prospective clients
• Work with other members of the team to successfully underwrite, close, sell and securitize loans
• Assist legal and closing departments with incorporation of business terms into the loan/ancillary documents and post-closing obligations
• Ability to communicate and interact with members of sizing, underwriting, credit, servicing, legal and asset management teams at all stages of the origination and closing process
• Perform site inspections as needed
• Review loan documents
• Perform other duties as assigned

JOB SKILLS & KNOWLEDGE:

• Strong network of broker, borrower and industry contacts with emphasis on agency lending programs
• Proven track record of deals closed in Multifamily transactions
• Recent experience originating loans for Freddie Mac & Fannie Mae SBL and conventional execution
• Bank balance sheet for Multifamily lending
• 10+ years of experience in the real estate finance industry
• BA/BS degree in finance, economics, real estate, or related discipline preferred.
• Proficiency in Microsoft Office Suite, with a focus on Excel and Word
• Knowledge of Bloomberg, Reis, and CoStar a plus
• Exceptional organizational skills and ability to multi-task
• Strong valuation, analytical and problem solving skills
• Exceptional interpersonal, communication and presentation skills
• Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as independently
• Extensive travel required