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Associate - CMBS Team

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Miami
 FL
Postal Code
33131
Country
United States

This job is no longer active.

Description


SUMMARY

The role with Performing Loan Requests will work closely with company leadership and professional service firms in the day-to-day management and advancement of Performing Loan Requests in Rialto’s portfolio.  This individual will have a blend of commercial real estate knowledge, loan document understanding and financial modeling skills.  Excellent written and verbal communication skills are essential attributes.

KEY RESPONSIBILITIES

  • Negotiate complex transactions
  • Draft credit recommendation memoranda and present conclusions to senior management
  • Underwrite performing loan requests for reserve disbursements, property manager changes, lease approvals, loan assumptions, equity transfers, franchise changes and other requests as needed from time of assignment through closing stages
  • Perform property-level quantitative credit analyses including: debt service coverage ratio calculations, debt yield calculations, property specific cash flow analysis, tenant roll, and possibly other financial analysis/modeling in order to formulate and substantiate a credit recommendation
  • Analyze property operating performance through review of operating statements, rent rolls and leases
  • Evaluate and abstract third-party reports, loan documents, service contracts and leasing / listing agreements
  • Communicate effectively with internal and external parties including borrowers, legal counsel, property managers, vendors, and other Rialto departments
  • Ensure all requests are handled in compliance with the terms of the related Loan Documents

 

 

BASIC QUALIFICATIONS

  • Bachelor’s Degree from an accredited university is required preferably specializing in Real Estate, Finance, Accounting or related business field preferred
  • Master’s Degree or other post-graduate degree preferred
  • 3+ years of related experience in commercial real estate, property underwriting, loan servicing, or other related field
  • Proficiency with Microsoft Office applications
  • Strong work ethic and attention to detail
  • Prior underwriting experience
  • Ability to multi-task and collaborate within a team setting
 

Job Sector


Not specified

 

Experience


2+ to 5 years


This job is no longer active.

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