Business Development Lead - Distressed Commercial Real Estate

We are seeking a technically savvy and hungry BizDev rainmaker looking to make a lasting mark on the industry.

“Real estate has become an intricate web of financing structures. We disassemble them.”

This is an incomparable position to capitalize on the changes in the commercial real estate market. In this role, the right candidate will interact between borrowers, lenders, investors and sellers. A typical week will involve communicating with distressed borrowers desiring loan workout advisory services, Lenders who are seeking to sell us their loans, and investors seeking to participate in our ventures. 

NOTE: The base salary is merely downside protection for the immense upside profit-sharing opportunity which is expected to be attained as a condition of employment.

Please make sure to reply to the screening questions:

1 - What do you think the next few years will bring in commercial real estate, AND why?
2- Why are you interested in this job?

Duties:

• Oversee initial conversations with the aforementioned various parties
• Onboarding debt restructuring projects
• Pitching our platform to lenders and debt sellers
• Negotiating with borrowers of debt that we own
• Vetting and structuring investment inquiries
• Pitching our platform

Qualifications:

• Must have entered the commercial real estate industry prior to the 2008 crisis (You must understand distress to accurately assess it and work it)
• Must have a solid working knowledge of commercial real estate finance
• Must have a general understanding of commercial real estate operations across all asset classes
• Must understand the motivations of either a lender or borrower
• Strong negotiation and deal-making skills
• Familiarity with typical fund and GP/LP structures
• Excellent written and communication skills
• Familiarity with CRM platforms or related software

About us: 

We’ve been acquiring operating and managing multifamily and commercial assets since the mid 1980’s when we started by purchasing unsold shares and management of broken NYC Co-Op’s amassing a close to 100-property portfolio. Since 2010, we’ve been advising on debt restructuring with an expertise in CMBS and structured finance, and over the past couple of years, we’ve been acquiring real estate securities.