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Senior Asset Manager

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
COCONUT GROVE
 FL
Postal Code
33133
Country
United States

This job is no longer active.

Description


3650 REIT has an opportunity for a Senior Associate position in our Loan Asset Management department. The Senior Associate will be responsible for supporting the team’s complex portfolio of performing loans and must be able to work independently yet be able to quickly recognize difficult situations and seek guidance from the Team Leader.

Primary Duties and Responsibilities:

  • Support moderately complex performing loan issues serviced by 3650 REIT in its capacity as special servicer or as owner of the loan and ensure assets are effectively and expeditiously resolved.
  • Complete on-boarding of recently closed stable cash flow loans and assist with smooth transition of loans to CMBS portfolios. 
  • Assist borrower with Subservicer interactions (ACH setup, access to online portal)
  • Complete accurate property and loan valuations using 3650 REIT’s proprietary models with the guidance of senior team members.
  • Conduct local market analysis and research
  • Support engagement of and interaction with third party consultants including attorneys, receivers, management/leasing companies, appraisers, environmental engineers, and surveyors.
  • Analyze property operating performance through review of property financials, rent rolls, STR reports, property budgets.
  • Prepare analysis including: debt service coverage ratio calculations, debt yield calculations, tenant roll
  • Prepare comparative lease analysis comparing underwritten financials to proposed deals
  • Prepare written approval recommendations on borrower requests such as, reserve disbursements, post-closing obligations, property management changes, loan assumptions, franchise changes, equity changes, and lease approvals in compliance with the related loan documents.
  • Perform ad-hoc reports and special projects as needed

 

Job Qualifications / Experience:

  • 3-5 years’ experience in Loan Asset Management in commercial real estate preferred
  • Bachelor’s degree required, preferably in business, finance, accounting or real estate
  • Ability to manage multiple high priority tasks simultaneously under strict deadlines and produce high quality work requiring minimal revisions
  • Understanding of commercial real estate, real estate terminology, and CRE finance
  • Understanding of real estate markets and asset valuations
  • Experience in managing CMBS loans
  • Ability to work effectively as part of a large team
  • Outstanding financial, organizational, analytical, and decision-making skills
  • Excellent communication, management, and interpersonal skills with a strong attention to detail
  • Proficient in Microsoft Excel for reporting and analysis; experience with other Microsoft Office products, including Microsoft Word, PowerPoint and Outlook

This job is no longer active.

Asset / Portfolio Management Retail COCONUT GROVE Full Time FL Asset Management, Financial Analysis, Portfolio Management Senior Asset Manager other