Beverly Hills, CA
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: 4 Year College
Job Description
Please send both your Cover Letter and Resume to recruitment@mbpartners.com to complete your application. We will reach out to you via email with next steps once full application is in receipt.
Max Benjamin Partners (“MBP”) is seeking a talented and highly motivated individual who has experience originating debt and equity for commercial real estate assets or is interested in breaking into commercial real estate finance.
The associate position originates and executes CRE Loans and equity placement as part of the MBP Capital Markets team, helping manage the firm's extensive pipeline. The candidate selected for this position would operate out of our office in Beverly Hills, CA. The right candidate must be capable of managing the financing process from start to finish. Responsibilities for any transaction include outreach, origination, underwriting, application processing, and closing.
The individual selected for this position will be expected to work in a fast-paced environment under minimal supervision amongst a close-knit team of 25 originators that finance more than $800,000,000 of commercial mortgage loans each year. Experience working with title/escrow, real estate law, and underwriting are all added benefits. The ideal candidate will be an effective problem-solver in addition to possessing analytical and interpersonal communications skills. Additionally, strong organizational skills are a must as you will likely be responsible for more than five transactions in a given month while also being expected to perform unforeseen duties and assignments as needed.
Main Responsibilities:
- Perform quick analyses and underwriting of commercial real estate transactions
- Day-to-day communication with borrowers, lenders, attorneys, title and escrow officers,
- and report writers on any closing items, changes, and due dates
- Develop and maintain detailed checklists and timelines for each transaction file
- Review loan applications
- Coordinate loan requirements with third-party vendors, attorneys, and escrow companies
- Obtain zoning letters and certificates of occupancy
- Gather and submit lender closing items and documentation
- Compile invoices and wiring instructions for payment by escrow
- Coordination of loan documents and signing
- Post-closing - gather loan documentation and submit closing files to servicing department and the borrower
- Maintain and update pipeline of loans in process in the company tracking system
Qualifications:
- 2+ years in real estate capital markets, or brokerage
- Strong analytical and critical thinking skills, ability to synthesize large amounts of information, analyze risk, and identify mitigating factors
- Ability to function as part of a flat organization, manage several projects at once, and work effectively as an individual and as part of multiple teams
- Excellent oral and written communication skills with the ability to express ideas in a persuasive, organized, and articulate manner
- Ability to follow up independently and play the role of project manager
- Ability to manage several projects at once
- Must have the ambition to learn, grow & succeed
- Confident, self-assured, & works well under pressure
- Target-driven and focused on delivering results towards your long-term goals
- Maintain a high level of confidentiality and exercise independent judgment and analysis.
Required Education: Bachelor's Degree from a four-year college or university, preferably in Business Administration, Real Estate Development, or Finance
Salary: Commission-based with competitive split structures and path to promotion
About Max Benjamin Partners: Max Benjamin Partners is a boutique real estate investment bank in Beverly Hills specializing in innovative capital solutions for real estate developers and investors. Our vast network of international and domestic capital providers, our creative and comprehensive approach to the capital stack, and our willingness to go above and beyond for our clients allow us to deliver the most competitive financing options on the market. Since inception, we have successfully been involved in $4B of debt and equity placements over more than 300 transactions. MBP is an associate-centric firm dedicated to empowering our originators. We offer a competitive commissions structure and every hire has a clear pathway to partnership at our firm.
Please send both your Cover Letter and Resume to recruitment@mbpartners.com to complete your application. We appreciate your interest and cooperation and look forward to meeting our next MBP all-star.
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