Manhattan, NY
Salary Estimate: $75,000.00 - $99,999.00
Employment Type: Full Time
Work Place: Office
Experience Required: Less than 1 year
Education Required: 4 Year College
Benefits
Job Description
Lancewood Capital Advisors, LLC is a New York-based investment firm specializing in the financing, origination, and acquisition of first lien commercial real estate debt in primary markets throughout the United States.
Office is conveniently located 2 blocks from Grand Central Station in NYC.
This position is responsible for underwriting of Multifamily, Mixed-use, Industrial, Condominium, Retail, Pre-development, SFR investment, and Construction loan applications under approved loan policies, guidelines and procedures.
Major Duties and Responsibilities:
· Review third party reports including Appraisal Reports, Environmental Reports, Credit Reports and other credit documentation and make recommendations to support the final credit decision.
· Ensure that loan and all other supporting credit documentation is contained in the file and appropriately analyzed to support the final credit decision.
· Analyze commercial real estate income and expenses and generate income statements.
· Analyze financial capabilities and develop global liquidity analyses for prospective borrowers.
· Assist Loan Team with processing questions or concerns.
· Prepare memos and reports as required including loan summaries, pipeline reports, and other reports.
· Ensure that all credit information entered into the loan origination system is accurate.
· Responsible for maintaining and updating respective pipeline reports and information.
· Review information for loan originations and acquisitions, recommendation of work for escrow releases, requests for extensions and or modification of loan terms.
Minimum Qualifications:
· Four-year College Degree in Commercial Real Estate, Real Estate Finance or Economics with a concentration in Commercial Real Estate.
· Good communication skills – written and oral
· Proficient in Word and Excel
· Highly organized
Lancewood provides a suite of competitive benefits including: health/dental/vision insurance, 401k with match, short/long term disability insurance, tuition reimbursement, gym reimbursement, and MORE!
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