This Commercial Asset Manager Associate role focuses on resolving non-performing loans and managing REO (Real Estate Owned) assets across office, retail, mall, and industrial properties. The role includes credit analysis of commercial mortgage-backed securities, with a strong focus on agency debt.
Key Responsibilities:
- Model cash flows and property valuations in Excel and ARGUS for complex, multi-tenant commercial assets.
- Evaluate commercial leases, using NPV analysis for existing and prospective tenants.
- Conduct market research for asset valuation, leveraging broker relationships, third-party tools, and knowledge of capital markets.
- Perform on-site property inspections and meet with property management teams nationwide.
- Oversee third-party property managers, construction managers, and leasing agents.
- Manage defaulted mortgages and REO properties, analyzing property values and presenting findings to the credit committee.
- Ensure compliance with regulatory and internal policies for our clients loan and REO portfolio.
- Communicate analysis and conclusions to clients through written reports and direct interactions.
Required Skills & Experience:
- Background in structured finance or commercial real estate.
- Proficiency in ARGUS Enterprise, with at least 2 years of experience in asset management, CRE finance, development, or brokerage.
- Strong analytical skills for complex spreadsheet and financial model work.
- Excellent written and verbal communication, including in new markets.
- Exceptional time management skills, with the ability to handle multiple projects under tight deadlines.
