Director of Real Estate Finance

Responsibilities:

• Track entity-level cash flows for each investment and proactively identify opportunities for distributions and capital call needs
• Track Financial Covenants in Loan Agreement tests
• Perform modeling and sensitivity analysis for all loan agreement covenants and identify risk in achieving covenants
• Create analysis for loan tests including DSCR and Debt Yield tests for new debt origination
• Responsible for compliance and reporting functions related to the loans, coordinating with accounting personnel to ensure all financial statements reporting requirements are met
• Review loan documents and assist with loan closing process, including handling all lender and third-party deliverables
• Track loan maturities and flag to Asset Management and Investments
• Assist with refinancings and loan modifications
• Manage existing lender relationships and ongoing communication including monthly lender update calls
• Track capex and FF&E spend across all investments and provide reporting on capex spend as required by stakeholders
• Manage Lender Draw process for Capex, FF&E reserve, Insurance and RE Tax reserves
• Assist with Annual Budgeting process for all investments
• Assist Acquisitions and Asset Management on financial due diligence related to new investments

Qualifications:

• Minimum 7 years experience in a finance position with multi-unit oversight
• Undergrad in Finance and/or Accounting (MBA preferred)
• CPA and/or CFA preferred