Essex Financial Group is seeking a Real Estate Analyst to assist with the analysis, marketing, and placement of commercial real estate loans. The analyst plays an integral role in analyzing and processing loans through the underwriting, marketing, and closing phases of the loan production continuum. The analyst will gain insight into structuring real estate debt and equity investments, and will be exposed to a wide spectrum of capital sources.
JOB SUMMARY: Under the direction of the President, this role will assist with the analysis, marketing, and placement of commercial real estate loans. The analyst plays an integral role in analyzing and processing loans through the underwriting, marketing, and closing phases of the loan production process. The analyst will gain insight into structuring real estate debt and equity investments, and will be exposed to a wide spectrum of capital sources.
ESSENTIAL DUTIES AND RESPONSIBILITIES: Include the following but are not limited to the job specifications contained herein. Additional duties or job functions that can be performed safely may be required, as necessary.
- Underwriting income-producing properties using Excel and ARGUS. The analyst is responsible for complex financial modeling of commercial real estate (office, retail, industrial and multi-family) and utilizing data (market statistics, rent and sale comparables) to correctly underwrite a transaction.
- Analyzing commercial mortgage requests to determine value, risk, and feasibility.
- Researching commercial real estate markets inside and outside of Colorado.
- Creating comprehensive loan request packages with the following content – executive summary, financial analysis, borrower/sponsor description, market overview, property details, strengths and weaknesses of the proposed transaction.
- Assisting with the loan marketing, application, commitment, and closing processes.
- Manage the flow of information and deadlines during the closing process, which includes gathering due diligence items for lenders, engaging and managing the 3rd party report process, reviewing/abstracting leases, and completing various analyses related to closing statement figures.
KEY ACCOUNTABILITIES:
- Apply critical thinking to properly analyze commercial real estate transactions, model property cash flows in Excel and Argus, and assess feasibility and risk.
- Ability to communicate technical analysis factually, articulately, and concisely with sales-oriented writing and email correspondence.
- Possess the ability, knowledge, and critical thinking skills to manage a commercial real estate transaction from start to finish. A strong desire and drive to get the transaction successfully closed in a timely manner to meet and/or exceed customer expectations.
- The analyst is critical to the success of the team. The analyst is accountable to team members, lenders and clients for accuracy and deadlines. Managing time, prioritizing work on multiple projects, following up on commitments, collaborating with others, and exhibiting a positive “can do” attitude is essential for success in a fast-paced, results-focused environment.
- Build critical relationships with the lender community. Develop strong working knowledge of lender programs, processes, and practices, and act as a knowledge resource for the team.
EDUCATION & EXPERIENCE:
- Bachelor's Degree with undergraduate coursework in Business, Finance and/or Real Estate Finance. Previous Finance or Mortgage Loan Experience is required. MBA preferred, but not required.
This opportunity offers a salary range of $70,000 to $90,000, based upon experience, and the potential for an annual discretionary bonus of between 10 - 30% of salary based upon your contribution towards achievement of organizational goals and company profitability. Benefits include: 401K Plan, Comprehensive Medical, Dental and Vision Programs, Complimentary Life and Disability Programs and paid Vacation that starts accruing on your first day of employment.
Job Type: Full-time
Pay: $70,000.00 - $90,000.00 per year
Application Question(s):
- Are you able to successfully pass a background check and drug screen?
Education:
Experience:
- mortgage loan: 3 years (Preferred)
- finanace: 3 years (Preferred)
Ability to Commute:
- Denver, CO 80202 (Required)
Work Location: In person