
Senior NYC CRE Workout Lead (Distressed Assets)
Banco Santander SA, New York, New York, us, 10261
A major financial institution is looking for an experienced Commercial Real Estate Workout professional to manage distressed loans primarily secured by rent-regulated multifamily properties in New York City. The ideal candidate has at least 9 years of experience in commercial real estate workouts and a thorough understanding of the NYC rent regulation landscape. Responsibilities include evaluating borrower financials, negotiating loan modifications, and ensuring compliance with regulatory standards. This role offers a competitive base salary alongside performance bonuses.
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