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Associate, Underwriting

Full Time
Real Estate Field
  • Finance / Investment
Los Angeles
Postal Code
United States

This job is no longer active.


Company Overview

Madison Realty Capital (MRC) is a leading real estate investment management firm based in Manhattan, New York.  Through the firm’s vertically integrated structure, MRC has closed in excess of $8 billion of real estate debt and equity transactions in the multifamily, retail, office and industrial sectors.  The firm was co-founded by Brian Shatz and Joshua Zegen in 2004 to pursue U.S. real estate investment opportunities in the middle market. Madison aims to provide institutional investors with superior risk-adjusted returns with downside principal protection.


  • Diverse platform focus with both debt and equity capabilities
  • Successfully acquires, manages and exits investments across 28 states since inception
  • Investments are acquired and managed through a series of vehicles, backed by premier institutional investors, as well as on a separate accounts basis
  • MRC’s platform consists of over 75 investment professionals with debt and equity expertise
  • In-house capabilities include originations, acquisitions, underwriting, servicing, legal, asset management, property management, construction management, development, capital markets and syndication


For more information about Madison Realty Capital, please visit  


Position Overview

  • Madison Realty Capital seeks an underwriting associate for their Los Angeles office.


This position will report to the Vice President, Originations overseeing the Los Angeles, CA market.


Primary Functions

  • Assist in preparing investment memoranda through market research, risk/strength assessment and property valuation analysis
  • Analyze economic conditions, market fundamentals and recent transactions within targeted areas
  • Develop, modify and update financial models to reflect investment strategies
  • Support the transaction due diligence and closing process through working with the transaction team and third-party consultants
  • Maintain effective communication with other departments as a basis for assuring complete and accurate financial information and appropriate documentation.
  • Prepare analyses and ad hoc requests for management.


Skills & Qualifications

  • 3-5 years of experience in the senior, mezzanine, and preferred equity financing space with a focus on bridge and construction lending
  • Strong research, analytical, and problem-solving skills
  • Self-motivated and entrepreneurial candidate
  • Exposure to and familiarity with major West Coast markets
  • Advanced computer proficiency with excellent working knowledge of Microsoft Word and Excel
  • Excellent organizational, interpersonal, quantitative, writing and communications skills
  • Experience with Argus and Salesforce preferred

Job Function

  • Underwriting

Job Sectors

  • Alternative Investments
  • Residential
  • Hospitality / Entertainment
  • Industrial
  • Office
  • Retail


2+ to 5 years

This job is no longer active.

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