CRE ORIGINATOR
: Job Details :

OVERVIEW

Our client is seeking to hire experienced Loan Originators to join its Multifamily lending platform in the United States. 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. This is a fully remote role and they will work with you.

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

WHAT THEY OFFER:

• Salary of $125K 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.