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Associate / Associate Director - Origination New York, New York

Ladder Capital

Asset Class Agnostic

New York, NY

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Office

Experience Required: 5+ to 7 years

Education Required: 4 Year College

Job Description

Ladder Capital™ (“Ladder”) is a Real Estate Investment Trust that is a leader in commercial real estate finance. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets that include office, retail, industrial, multifamily, hospitality, condominium, and development properties. Investment activities include direct origination of commercial real estate first mortgage and mezzanine loans, investments in securities secured by first mortgage loans, and equity investments in net leased and other commercial real estate.

Founded in 2008, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets, and asset management. Ladder is headquartered in New York City with regional offices in California and Florida.

Ladder is seeking an Associate or Associate Director to join its Originations Team. This position will be located in Ladder’s NYC headquarters.

Responsibilities will include but may not be limited to:

Assist in all aspects of the loan origination process, including preparing financial models, structuring, term sheet and loan document negotiation, due diligence, and closing of investments, including transitional bridge loans, CMBS loans, mezzanine debt, and JV equity opportunities.
Working directly with a Managing Director in the Originations Group to develop and maintain relationships with existing and new borrowers and brokers and other sources of commercial mortgage loan origination and other investment opportunities.
Assist in the due diligence process, including presenting investment opportunities to Ladder’s investment committee for approval.
Work closely with legal counsel and internal legal to negotiate term sheets, loan agreements, inter-creditor agreements and related legal documentation.
Lead, train, and develop junior team members.
Maintain collateral files for Ladder’s lenders, investors, rating agencies and internal asset management and trading departments.
Perform property tours of prospective or active investment and new business travel as required.

Candidate Requirements:

BA/BS degree in Finance, Economics, Real Estate, or related discipline preferred.
3-7 years of experience in the real estate finance industry (debt experience preferred).
Strong Microsoft Office skills, with a focus on Excel, knowledge of Argus Software a plus.
Exceptional organizational skills and ability to multi-task.
Strong analytical and problem solving skills.
Candidate will have a significant desire to learn and grow within the real estate finance industry.
Exposure to legal documentation and due diligence in a transactional environment a plus
Ability to work on multiple transactions at a time in a fast paced, deadline-driven and entrepreneurial work environment.
Exceptional interpersonal skills.
Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as independently.