LivCor LLC
Associate / Sr. Associate, Debt Capital Markets
LivCor LLC, Chicago, Illinois, United States, 60290
LivCor, a Blackstone portfolio company, is a real estate asset management business specializing in multi-family housing. Formed in 2013 and headquartered in Chicago, LivCor is currently responsible for a portfolio of over 400 Class A and B properties comprising more than 150,000 units in markets across the United States.
Our business is focused on making real estate more valuable. But for us, it's more than that. It's people first, community always. It's a life-filled career, not just a career-filled life. It's doing good work, with good humans, and making a difference. It's excellence in all its forms. Ultimately, we create great places to work, live, and grow. We do that by focusing on leaving people - and places - better than we found them.
Whew! Still with us? Cool. Let's talk about where you'd fit in:
Only read further if you are:
Kind Humble Honest Relentless Smart with Heart You should be:
Authentic.
You do you. Together, we'll do something amazing. A passionate person
with a love for real estate and investing; and believes that helping others win is a noble cause, essential to our success. An excellent team player
who enjoys working with others and has strong interpersonal skills. Highly
motivated ,
energeti c, and
organized We are looking for someone to join the most active multifamily platform in the industry. Since 2018, the platform has transacted more than $21 billion in multifamily assets. As an Associate or Sr. Associate, Debt Capital Markets, you will be responsible for handling a wide range of analytical, origination, and reporting activities relating to Blackstone's secured loan facilities, and for efficiently coordinating with Blackstone Capital Markets colleagues and other internal groups including Operations, Treasury, Accounting, and Legal. This person will be required to develop a deep understanding of the diligence, reporting, and operational requirements of the various loan facilities, and will communicate responsively and effectively with lenders, servicers and with Blackstone. In addition to unmatched transaction experience, you will collaborate with seasoned real estate investors across the LivCor and Blackstone teams. Furthermore, you will have the opportunity to leverage the platform's competitive advantage via proprietary business intelligence and a suite of in-house specialist teams, including Asset Management, Redevelopment, CapEx, Revenue Management, Operations, Financial Planning & Analysis, Marketing, Strategic Initiatives, as well as access to industry leading technology solutions.
This role will report to the head of Debt Capital Markets. This hire will need to employ entrepreneurial critical thinking skills in tandem with senior leaders as the debt capital markets function is developed from the ground up. Being a "self-starter" and a "go-getter" is a must - the hire will have the opportunity to become a junior leader that operates somewhat independently upon demonstration of skillsets/capabilities.
What you will do:
Provide critical support in the origination of new debt facilities, including CMBS, Agency, and Balance Sheet loans: Prepare financial models for lenders
Analyze and stratify property portfolios with Blackstone, and prepare summaries for internal and external purposes
Coordinate and organize the collection of diligence materials for lenders in online data rooms
Coordinate third-party diligence reporting
Coordinate with Asset Management, Accounting, and Blackstone Capital Markets in supplying information required by lenders
Manage, undertake, and communicate results of key recurring analytical activities, including: Quarterly/annual financial reporting to lenders and loan servicers, using Yardi systems and models
Regular and ad-hoc financial and other reporting to Head of Transactions and to Blackstone
Address lender inquiries
Calculate paydown amounts for collateral releases
Manage data and reporting for debt management system
Assist in the development of dashboards and financial models.
Provide input on the development/creation of workflow infrastructure for all the previously noted daily activities.
Help to train and mentor junior team members.
Partner with the head of debt capital markets on LivCor-wide strategic initiatives
What you should have:
4-7 years of successful and relevant underwriting debt experience, including CMBS, Balance Sheet, Debt Fund or Agency execution
Excellent analytical skills and good judgment
Strong organizational, interpersonal and communication skills, including both independence and the ability to coordinate effectively with colleagues across the organization
Ability to manage and prioritize multiple assignments
Knowledge of underwriting real estate fundamentals and sensitivity analysis on rents, value, and interest rates.
High proficiency in Microsoft Excel (including complex formula composition and data organization/management), with experience in Yardi and other common Microsoft Office applications (Word and PowerPoint)
Bachelor's Degree required
What we offer:
We believe that when we take care of our people, everything else follows. We're committed to clear expectations, honest feedback, and helping you grow. That's why we foster a culture that's collaborative, inclusive, and refreshingly ego-free. We are good neighbors that lead with empathy, embrace curiosity, and put trust at the heart of everything we do. Together, we strive for excellence.
We deeply value diversity in all its forms. We want people who sound, think, love, and live differently from one another. This isn't a footnote-it's foundational.
Now, on to the practical stuff:
Generous 401(k) match
to help you plan for the future
Fertility, adoption, and surrogacy support
to grow your family your way
Comprehensive health benefits , including medical, dental, and vision
Hybrid work model
with offices in
Chicago, NYC, and Atlanta
The LivCorian Values:
Be you. Be Real. Be Open. You do you. Together, we will do something amazing.
Care, Always. We don't want to let anyone down.
Courageously Curious. We love to learn, even when it hurts.
Help Others Win, Be A Good Neighbor. This is about 'We, not Me.'
Relentless Hustle, Heart & Humility. Work hard. Be Kind. Make Better.
LivCor is proud to be a US EPA ENERGY STAR® Partner
Base Compensation Range : $140,000.00 To $180,000.00 Annually. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation : This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits : The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
EEO Statement
LivCor is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com
Our business is focused on making real estate more valuable. But for us, it's more than that. It's people first, community always. It's a life-filled career, not just a career-filled life. It's doing good work, with good humans, and making a difference. It's excellence in all its forms. Ultimately, we create great places to work, live, and grow. We do that by focusing on leaving people - and places - better than we found them.
Whew! Still with us? Cool. Let's talk about where you'd fit in:
Only read further if you are:
Kind Humble Honest Relentless Smart with Heart You should be:
Authentic.
You do you. Together, we'll do something amazing. A passionate person
with a love for real estate and investing; and believes that helping others win is a noble cause, essential to our success. An excellent team player
who enjoys working with others and has strong interpersonal skills. Highly
motivated ,
energeti c, and
organized We are looking for someone to join the most active multifamily platform in the industry. Since 2018, the platform has transacted more than $21 billion in multifamily assets. As an Associate or Sr. Associate, Debt Capital Markets, you will be responsible for handling a wide range of analytical, origination, and reporting activities relating to Blackstone's secured loan facilities, and for efficiently coordinating with Blackstone Capital Markets colleagues and other internal groups including Operations, Treasury, Accounting, and Legal. This person will be required to develop a deep understanding of the diligence, reporting, and operational requirements of the various loan facilities, and will communicate responsively and effectively with lenders, servicers and with Blackstone. In addition to unmatched transaction experience, you will collaborate with seasoned real estate investors across the LivCor and Blackstone teams. Furthermore, you will have the opportunity to leverage the platform's competitive advantage via proprietary business intelligence and a suite of in-house specialist teams, including Asset Management, Redevelopment, CapEx, Revenue Management, Operations, Financial Planning & Analysis, Marketing, Strategic Initiatives, as well as access to industry leading technology solutions.
This role will report to the head of Debt Capital Markets. This hire will need to employ entrepreneurial critical thinking skills in tandem with senior leaders as the debt capital markets function is developed from the ground up. Being a "self-starter" and a "go-getter" is a must - the hire will have the opportunity to become a junior leader that operates somewhat independently upon demonstration of skillsets/capabilities.
What you will do:
Provide critical support in the origination of new debt facilities, including CMBS, Agency, and Balance Sheet loans: Prepare financial models for lenders
Analyze and stratify property portfolios with Blackstone, and prepare summaries for internal and external purposes
Coordinate and organize the collection of diligence materials for lenders in online data rooms
Coordinate third-party diligence reporting
Coordinate with Asset Management, Accounting, and Blackstone Capital Markets in supplying information required by lenders
Manage, undertake, and communicate results of key recurring analytical activities, including: Quarterly/annual financial reporting to lenders and loan servicers, using Yardi systems and models
Regular and ad-hoc financial and other reporting to Head of Transactions and to Blackstone
Address lender inquiries
Calculate paydown amounts for collateral releases
Manage data and reporting for debt management system
Assist in the development of dashboards and financial models.
Provide input on the development/creation of workflow infrastructure for all the previously noted daily activities.
Help to train and mentor junior team members.
Partner with the head of debt capital markets on LivCor-wide strategic initiatives
What you should have:
4-7 years of successful and relevant underwriting debt experience, including CMBS, Balance Sheet, Debt Fund or Agency execution
Excellent analytical skills and good judgment
Strong organizational, interpersonal and communication skills, including both independence and the ability to coordinate effectively with colleagues across the organization
Ability to manage and prioritize multiple assignments
Knowledge of underwriting real estate fundamentals and sensitivity analysis on rents, value, and interest rates.
High proficiency in Microsoft Excel (including complex formula composition and data organization/management), with experience in Yardi and other common Microsoft Office applications (Word and PowerPoint)
Bachelor's Degree required
What we offer:
We believe that when we take care of our people, everything else follows. We're committed to clear expectations, honest feedback, and helping you grow. That's why we foster a culture that's collaborative, inclusive, and refreshingly ego-free. We are good neighbors that lead with empathy, embrace curiosity, and put trust at the heart of everything we do. Together, we strive for excellence.
We deeply value diversity in all its forms. We want people who sound, think, love, and live differently from one another. This isn't a footnote-it's foundational.
Now, on to the practical stuff:
Generous 401(k) match
to help you plan for the future
Fertility, adoption, and surrogacy support
to grow your family your way
Comprehensive health benefits , including medical, dental, and vision
Hybrid work model
with offices in
Chicago, NYC, and Atlanta
The LivCorian Values:
Be you. Be Real. Be Open. You do you. Together, we will do something amazing.
Care, Always. We don't want to let anyone down.
Courageously Curious. We love to learn, even when it hurts.
Help Others Win, Be A Good Neighbor. This is about 'We, not Me.'
Relentless Hustle, Heart & Humility. Work hard. Be Kind. Make Better.
LivCor is proud to be a US EPA ENERGY STAR® Partner
Base Compensation Range : $140,000.00 To $180,000.00 Annually. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation : This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits : The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
EEO Statement
LivCor is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com