VP Commercial Real Estate

Company: ExecuNet
Location: Chevy Chase
Posted on: April 9, 2021

Job Description:

Company is a real estate private equity firm with credit and equity strategies. The Commercial Real Estate strategy is a pioneer in transitional lending in the commercial space across the country. Our Single Family Residential Equity strategy has quickly scaled over the last 5 years to 20,000+ homes in 30 markets across 21 states while building a vertically integrated real estate investment and operating platform. Holistically, we manage AUM of $5.8bn, and work with some of the world's largest and most prominent investors.The Vice President position is expected to manage a portfolio of assigned commercial real estate investments, identify deviations from agreed upon performance, and take the appropriate remedial steps. The Vice President should strive to understand the sponsor's operating performance and needs, and work to build strong working relationships with borrowers and other constituents. The Vice President will work closely with and oversee an Analyst to assess client credit risk on a portfolio of existing commercial real estate investments. PRINCIPAL DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)* Manage the servicing & asset management functions for a portfolio of CRE investments;* Conduct financial analysis of credit and collateral of borrowers, with emphasis on data accumulation and trend analysis;* Perform financial, operational, valuation, underwriting, and transactional analysis;* Complete quarterly loan risk assessments and quarterly investor / CLO business plan updates;* Complete recurring servicing reporting requirements for warehouse and CLO debt facilities;* Lead the negotiation, underwriting, analysis, and documentation of loan modifications;* Calculate expected investment returns monthly based upon updated financial assumptions;* Assist in the negotiation of loan documents and facilitate the closing process of new loan originations;* Interact with various management staff;* Travel to client sites; and* Plus additional ad-hoc responsibilities.EDUCATION AND EXPERIENCE* Bachelor's degree in Real Estate, Accounting, Finance, or Economics required;* Five to ten years of applicable real estate experience in the commercial real estate sector (commercial bank, investment bank, private equity, specialty finance, real estate finance, mezzanine firm, developer, or brokerage firm) or public accounting strongly preferred;* Familiarity with real estate fundamentals for retail, office, multi-family and industrial property types and capital markets; and* Comprehensive understanding of net present value, internal rate of return, cap rates and discount rates. Must have analytical and organizational skills and be able to articulate fully the facts related to the transaction.KNOWLEDGE, SKILLS AND ABILITIES* Ability to analyze financial statements (profit and loss, balance sheet, and cash flow statements);* Ability to multi-task in a fast-paced environment;* Strong analytical skills and resourcefulness necessary to complete in-depth industry and market analyses;* Superior interpersonal, verbal and written communication skills;* Ability to travel on short notice;* Ability to work a flexible schedule;* Excellent computer skills with proficiency in Argus, Excel, Word, and Power Point; and* There will be some on-the-job training; however, the candidate should be a "self-starter".

Keywords: ExecuNet, Washington DC , VP Commercial Real Estate, Executive , Chevy Chase, DC