Newport Beach, CA
Salary Estimate: $60,000.00 - $70,000.00
Employment Type: Full Time
Work Place: Office
Experience Required: 1+ to 2 years
Education Required: 4 Year College
Benefits
Job Description
Los Angeles (Brentwood) office
- Underwrite income-producing properties
- Responsible for complex financial modeling of commercial real estate (retail, industrial, office, multi-family) and utilizing data (market statistics, rent & sale comparables) to correctly underwrite transactions
- Analyze commercial mortgage request to determine real estate value, risk, and feasibility
- Create comprehensive loan request packages
- Conduct physical property inspections as needed
- Manage the due diligence process with internal and external parties working through the marketing and closing process for each transaction. Timely and professional interaction with team members, borrowers, lenders and third-party service providers
- Must review and understand real estate documents (leases, loan documents, third-party reports)
- Participate in weekly meetings with Closing and Production Teams to discuss deal flow, deadlines, lenders, and new clients
- Perform other reasonably related business duties assigned by a supervisor
- 1+ years of real estate experience and/or related college courses
- Bachelor’s degree
- Detail orientated with strong research, analytical, and problem-solving skills
- Ability to communicate analysis factually, articulately, and concisely
- Ability to handle and prioritize multiple tasks under deadlines
- Advanced computer skills (typing, scanning, printing)
- Microsoft Excel, PowerPoint and Word
- Adobe Acrobat
- Ability to write in a professional manner
- Self-motivated
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