CRE Loan Workout/Investment - Associate

Job Description

Bridgerock Capital Holdings, Inc. (“BridgeRock”) is a privately held, New York City based CRE investment and asset management platform. Over the past 6 years, we have completed/advised ~$3.5 billion of commercial real estate debt and equity transactions and have performed workouts of ~$2.0 billion of commercial real estate loans. BridgeRock currently manages ~$1.8 billion of assets. At BridgeRock, it is important for the individual to be detail oriented, accountable, and effective. The individual will be exposed to multiple large-scale investment opportunities, complex workout projects, and will be working closely alongside with senior level management.

Job Description:

· Performing analysis of deals, including due diligence, market research, and preparation of investment/credit committee materials.

· Preparing and evaluating Argus files and sophisticated Microsoft Excel models for underwriting investment opportunities/workout scenarios and reporting to senior management on the viability of potential investments/strategy for workout.

· Creating multiple scenario analyses to determine potential risk adjusted returns and/or workout strategy.

· Assist on foreclosure activities in terms of negotiation, coordinating third parties (including legal), cash flow management and closing of transactions.

· Assist in disposition of assets.

· Perform site inspections which will require some travel.

Qualifications:

· A Bachelor's degree is required, with a preference for candidates concentrating in real estate, finance, law and/or accounting.

· Approximately 3 to 4 years of related experience with exposure to commercial real estate investments in the U.S.

· Exceptional financial analysis and modeling skills utilizing Microsoft Excel and Argus.

· Comfortable reading and understanding legal documents.

· Self-motivated with the ability to manage multiple tasks and effectively meet deadlines.

· Excellent verbal, writing, and communication skills.

· Team player with the ability to work independently and proactively in fast-pace environment.
· Special situation / special servicing / work out experience is a plus

Salary:

Compensation commensurate with experience