Description
High-Level Overview
This position supports senior members of Mission Capital Advisors, LLC in their commercial real estate, commercial / industrial and business whole loan sale efforts (with an emphasis on CRE). The ideal candidate is a self-starter with strong analytical skills and intellectual curiosity. S/he will focus on valuation and underwriting of commercial real estate, commercial / industrial and business whole loans, while also gaining exposure to performing/distressed/charged-off residential and consumer loan trading. Additionally, the Analyst/Associate will increase his/her network of debt capital markets participants/customers, including commercial and investment banks, specialty finance companies, and funds.
What you'll be doing in the role:
1. CRE and Business / C&I loan portfolio data review, normalization, stratification and analysis
2. Valuation of CRE properties (discounted cash flow, comparable sale, value PSF approaches)
3. Valuation of loans secured by commercial real estate, business assets and other commercial collateral with associated financial modeling and cash flow projections
4. Analysis of market data
5. Virtual data room set up / coordinate data transfer with investors, servicers and lenders
6. Preparation of due diligence materials and loan files
7. Transaction status reporting
8. Interacting with existing/potential clients and investors
9. Assisting in closing transactions
10. Assisting in responses to client RFPs
Ideal Background & Skills Needed for the Role:
1. Mortgage, real estate or structured products analyst training program at a financial services, investment sales, or real estate private equity firm (bank, consulting/accounting, REIT, hedge fund)
2. Prior career experience in real estate underwriting / investment analysis, lending or special servicing, and/or in structured products
3. Strong MS Excel and database skills, visual basic and python scripting a plus, Salesforce experience a plus
4. Argus experience is highly preferred
5. Modeling/underwriting experience of Office and/or Retail properties is highly preferred
6. Financial modeling and data analysis skills
7. Strong writing skills
8. Ability to learn quickly
9. Attention to detail
10. Ability to work as part of a team
11. Strong drive and desire to take on responsibility
12. Genuine interest in debt capital markets / real estate
Location: Role will be based in Mission's NYC office.
Background check: Thorough background check will be required of all candidates.
Mission Capital is a leading national loan sale advisory, due diligence and capital markets firm providing an integrated platform of secondary market loan portfolio brokerage, valuation, transaction management and data/document curative services for the commercial and residential loan markets. Mission Capital was acquired in 2020 by Marcus & Millichap (NYSE:MMI), a real estate and finance services firm with ~2,000 investment sales and capital markets professionals located in more than 80 offices across the U.S. and Canada. With a market cap of nearly $1.5B and $40 billion to $50 billion of closed transactions annually, Marcus & Millichap adds deep capital markets expertise, investment sales, market intelligence, and extensive research to Mission Capital’s resources.
This position supports senior members of Mission Capital Advisors, LLC in their commercial real estate, commercial / industrial and business whole loan sale efforts (with an emphasis on CRE). The ideal candidate is a self-starter with strong analytical skills and intellectual curiosity. S/he will focus on valuation and underwriting of commercial real estate, commercial / industrial and business whole loans, while also gaining exposure to performing/distressed/charged-off residential and consumer loan trading. Additionally, the Analyst/Associate will increase his/her network of debt capital markets participants/customers, including commercial and investment banks, specialty finance companies, and funds.
What you'll be doing in the role:
1. CRE and Business / C&I loan portfolio data review, normalization, stratification and analysis
2. Valuation of CRE properties (discounted cash flow, comparable sale, value PSF approaches)
3. Valuation of loans secured by commercial real estate, business assets and other commercial collateral with associated financial modeling and cash flow projections
4. Analysis of market data
5. Virtual data room set up / coordinate data transfer with investors, servicers and lenders
6. Preparation of due diligence materials and loan files
7. Transaction status reporting
8. Interacting with existing/potential clients and investors
9. Assisting in closing transactions
10. Assisting in responses to client RFPs
Ideal Background & Skills Needed for the Role:
1. Mortgage, real estate or structured products analyst training program at a financial services, investment sales, or real estate private equity firm (bank, consulting/accounting, REIT, hedge fund)
2. Prior career experience in real estate underwriting / investment analysis, lending or special servicing, and/or in structured products
3. Strong MS Excel and database skills, visual basic and python scripting a plus, Salesforce experience a plus
4. Argus experience is highly preferred
5. Modeling/underwriting experience of Office and/or Retail properties is highly preferred
6. Financial modeling and data analysis skills
7. Strong writing skills
8. Ability to learn quickly
9. Attention to detail
10. Ability to work as part of a team
11. Strong drive and desire to take on responsibility
12. Genuine interest in debt capital markets / real estate
Location: Role will be based in Mission's NYC office.
Background check: Thorough background check will be required of all candidates.
Mission Capital is a leading national loan sale advisory, due diligence and capital markets firm providing an integrated platform of secondary market loan portfolio brokerage, valuation, transaction management and data/document curative services for the commercial and residential loan markets. Mission Capital was acquired in 2020 by Marcus & Millichap (NYSE:MMI), a real estate and finance services firm with ~2,000 investment sales and capital markets professionals located in more than 80 offices across the U.S. and Canada. With a market cap of nearly $1.5B and $40 billion to $50 billion of closed transactions annually, Marcus & Millichap adds deep capital markets expertise, investment sales, market intelligence, and extensive research to Mission Capital’s resources.
Job Function
- Financial Analysis
Job Sector
Not specified
Experience
1+ to 2 years