Senior Asset Manager - BTR (Dallas, NYC or Miami)
Our client is a well-established multifamily capital markets entity with a national presence. They are currently seeking an experienced RE Asset Management professional to join their BTR/Build-to-Rent team in Miami (or NYC or Dallas).
Qualifications:
- A strong knowledge of real estate markets with a particular emphasis on Single Family Rental and/or Build to Rent properties.
- Construction asset mgmt experience could also qualify well
- Bachelor's degree (Finance or Accounting preferred)
- Ideally seeking 4+ years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets and Asset Management
Responsibilities include:
- Prepare quarterly reports, valuations and risk ratings.
- Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc.
- Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk.
- Perform quarterly property level valuations in order to value the asset.
- Conduct market research to determine various factors impacting property level performance.
- Oversee borrower implementation of business plan(s) associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions.
- Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions.
- Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
- Monitor capital improvement projects to ensure timely completion within budgets.
- Additional loan servicing and reporting as needed.
Real Estate
Commercial Real Estate
Asset Management
Valuations
Financial Analysis
Due Diligence
Capital Markets