Position Responsibilities
- Underwriting – At the direction of the Managing Director or Producer, prepare underwriting of commercial real estate properties based on historical financial statements, borrower models or projections, and market standards to provide reliable valuation and loan analysis.
- Packaging - Prepare loan request packages that meet company guidelines and lender requirements. Packages include narrative analysis of the borrower, property, location, and market, as well as underwriting, valuation, leases / rent roll analysis, and photographs, aerials, and maps.
- Pre-closing – Compile deal-specific lists of potential lenders, and coordinate and internally track lender outreach. Collect loan quotes, creating detailed quote matrices for distribution to the borrower. Manage associated Salesforce updates.
- Closing – Provides closing coordination in the direction of the Managing Director or Producer, including acting as liaison with the servicing department. Responsibilities include collecting and reviewing due diligence, ordering and reviewing third-party reports, and reviewing lender documentation (term sheet, commitment, loan docs, etc.) Maintaining open communication with borrowers, lenders, legal counsels, third-party vendors, and internal servicing and insurance departments on an as-needed basis.
- Research & Lead Generation – Provide reliable borrower, property, and market-level data by using available third-party and internal resources. The research will include but is not limited to ownership records, property transaction history, demographics, and sales and rent comparables. At the direction of the Managing Director or Producer, conduct and sustain continuous and annual lead-generation efforts, leveraging internal prospecting tools and third-party platforms.
- Servicing – Perform regional office servicing functions including investor portfolio analysis, lease reviews / briefs, and routine regional office servicing duties through local market knowledge.
- Client Service – At the direction of the Managing Director or Producer, responsible for providing lenders, borrowers, and internal teams with a best-in-class experience by providing reliable, high-quality service in a prompt, friendly, and professional manner.
- Organization / Time Management – Plan, schedule, and prioritize workload to best utilize time and efficiently manage daily tasks including research, financial analysis and underwriting, loan packaging, and closing services.
- Marketing & Office Administration – Provide administrative support and marketing efforts for office functions as needed.
What We're Looking For :
Minimum two to three years of experience in Commercial Real Estate FinanceFour-year college degree required with a major in real estate, finance, accounting, or business area preferredProficient understanding of cash flow analysis and demonstrated analytical skills with the ability to calculate NOI, DSC, ROC, IRR, etc.Proficient tech knowledge and skills, including in-depth knowledge of Microsoft Office (Excel, Word, PowerPoint etc.) Knowledge of Salesforce or ARGUS software is a plus.Strong organizational skills with the ability to multi-task while under pressure and an aptitude for problem-solvingResourceful with a strong initiative and ability to work independently with minimal supervisionStrong work ethic and willingness to work extended hours when necessaryAbility to handle multiple projects and assignments; able to prioritize and meet deadlinesExcellent written and verbal communication skillsNorthmarq offers a highly competitive benefits package including : medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!