Analyst - CRE Lending

Värde Partners is a leading global alternative investment firm with roots in credit and distressed. At a fundamental level, Värde focuses on unlocking value – Värde means value in Swedish. The firm seeks opportunities in less efficient markets and pursues assets at a discount to their intrinsic or potential value, all with the focus of creating value for its investors and empowering the common good they seek. Investments span corporate and sovereign credit, restructurings, real estate, mortgages, private equity, and direct lending. The firm has invested more than $85 billion since its founding in 1993, and has offices in Minneapolis, New York, London, Singapore and other cities in Asia and Europe. Värde manages over $13 billion in assets on behalf of its investors around the world.

Värde Real Estate

Värde has 28 years of experience providing equity and debt capital across a variety of real estate strategies and geographies. The integrated real estate platform has the expertise and flexibility to invest in commercial and residential assets and portfolios, operating companies, servicing platforms, distressed and special situations, and credit markets including mortgages and securities. The platform has a dedicated team globally of more than 30 real estate investment professionals. Värde has invested over $18 billion in real estate since 2009.

Värde launched a CRE lending strategy in 2017 to invest in commercial real estate debt through new loan originations, secondary loan and portfolio acquisitions, and CRE CLO securitizations. Through this platform, Värde is a non-recourse, balance sheet lender financing all major asset classes throughout the U.S. and across the risk spectrum. The platform has a dedicated team of experienced origination, asset management and capital markets professionals. Since 2017, Värde has originated over $5 billion in CRE loans and issued over $4 billion across six CRE CLO securitizations.

Our firm’s core values of Integrity, Excellence, Collegiality, Innovation and Humility are apparent in our workplace every day. Värde employees are rewarded for their contributions, especially their passion, expertise, and ideas. For more information, please visit our website at . If you would like to be considered for employment with Värde Partners, please review our open roles on our careers page. 

Opportunity

Värde Real Estate is seeking to hire an Investment Analyst to focus on its CRE Lending strategy. The Investment Analyst will join the Originations team to help drive its continued growth and expansion in the real estate credit space. 

• Gain exposure to a variety of strategies across debt and equity investments within U.S. real estate
• Be part of an entrepreneurial organization that encourages teamwork, collaboration, and forward thinking
• This position will report to a Senior Investment Professional and will interact closely with other members of Värde’s investment team
• Join a lean team with significant career growth runway and opportunity to expand responsibilities
• Sit in Värde’s New York, NY or Minneapolis, MN office with up to 25% travel required. Värde operates under a hybrid work schedule with the majority of an individual’s time in the office.

Responsibilities

• Supporting all aspects of the business from relationship management and underwriting to deal due diligence and execution
• Working closely with senior investment professionals to analyze new investment opportunities with a focus on evaluating risk/return profile and proving/disproving potential investment thesis
• Performing credit analysis and detailed financial modeling including asset-level underwriting, cash flow, and valuation analyses
• Participating in structuring transactions and negotiating term sheets and legal documents
• Coordinating with various external parties including, but not limited to, attorneys, brokers, bankers, borrowers, and consultants on transaction process management, due diligence and closing
• Preparing investment committee memos and presenting to senior leaders
• Working closely with the Capital Markets and Asset Management team on financing execution and risk management
• Spearheading research of targeted transactions and market fundamentals for investment purposes.

Qualifications

• University degree required. Finance, economics, real estate or quantitative-based degrees preferred
• 2+ years of relevant work experience in real estate, investment banking, leveraged finance, credit analysis, private equity, or hedge funds. Strong fundamental knowledge of real estate and general financial concepts
• Very strong math and financial modeling skills. Highly proficient in Microsoft Excel and ability to efficiently use analytical tools and information resources
• Strong written and verbal communication skills. Ability to simplify and clearly present/articulate detailed analysis
• Possesses intellectual curiosity and an eagerness to continuously expand knowledge base
• Ability to multi-task, prioritize, and work both independently and within teams
• Entrepreneurial, resourceful, self-starter; demonstrates hustle and drive, maturity and reliability
• Able to work in the United States without sponsorship.