Associate, CRE Loan Origination
SitusAMC, Los Angeles, CA, United States
SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.
At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!
Hanover is looking for an Associate to support Deutsche Bank’s Commercial Real Estate (CRE) team in Los Angeles to originate loans for its conduit/large-loan commercial mortgage-backed securities (CMBS) business, as well as for the bank’s balance sheet. The loans range across office, retail, hotel, multifamily and industrial property types.
Job Responsibilities
Participating in all aspects of loan origination
Coordinating transactions within tight timeframes, involving several groups within Deutsche Bank, borrowers, and third-party advisors
Develop and maintain strong productive relationships with existing and prospective clients with an emphasis on origination opportunities among regional and national brokerage firms, local developers, high net worth individuals, corporations and other owners and operators in the real estate development and ownership space
Prescreen opportunities prior to the sizing, underwriting and documentation process
Work closely with:
The loan transaction management team to review and finalize loan documentation, ensuring compliance with market standards, internal policies and regulatory requirements
The loan underwriting team to prepare initial deal summaries and preliminary loan analysis and, should the loan approval progress, finalize the model
The syndicate desk, securitization bankers and capital sources to achieve superior execution on transactions
All stakeholders to maintain a high level of customer service and continuously strive to meet client objectives in the effort to responsibly grow a market-leading CMBS conduit platform
Coordinate the processing and closing of approved loans in compliance with the bank’s lending policies and procedures
Provide leadership, mentorship, and support to junior team members
Qualifications
Strong network of contacts in the CRE industry including mortgage brokers and key decision makers at potential borrowers
Proven track record of originating and closing a high volume of securitized CRE conduit loans
4+–6 years of experience in the real estate finance industry
Strong valuation, analytical and problem-solving skills
Exceptional interpersonal, communication and presentation skills
The person will be expected to work from Deutsche Bank’s office on weekdays. Travel is expected.
Compensation and Benefits The annual full-time base salary range for this role is $140,000.00 - $165,000.00.
Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval.
SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including:
Medical
Dental
Vision
Life
Disability insurance
401K
Equal Opportunity Employer SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Know Your Rights, Workplace Discrimination is Illegal
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At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!
Hanover is looking for an Associate to support Deutsche Bank’s Commercial Real Estate (CRE) team in Los Angeles to originate loans for its conduit/large-loan commercial mortgage-backed securities (CMBS) business, as well as for the bank’s balance sheet. The loans range across office, retail, hotel, multifamily and industrial property types.
Job Responsibilities
Participating in all aspects of loan origination
Coordinating transactions within tight timeframes, involving several groups within Deutsche Bank, borrowers, and third-party advisors
Develop and maintain strong productive relationships with existing and prospective clients with an emphasis on origination opportunities among regional and national brokerage firms, local developers, high net worth individuals, corporations and other owners and operators in the real estate development and ownership space
Prescreen opportunities prior to the sizing, underwriting and documentation process
Work closely with:
The loan transaction management team to review and finalize loan documentation, ensuring compliance with market standards, internal policies and regulatory requirements
The loan underwriting team to prepare initial deal summaries and preliminary loan analysis and, should the loan approval progress, finalize the model
The syndicate desk, securitization bankers and capital sources to achieve superior execution on transactions
All stakeholders to maintain a high level of customer service and continuously strive to meet client objectives in the effort to responsibly grow a market-leading CMBS conduit platform
Coordinate the processing and closing of approved loans in compliance with the bank’s lending policies and procedures
Provide leadership, mentorship, and support to junior team members
Qualifications
Strong network of contacts in the CRE industry including mortgage brokers and key decision makers at potential borrowers
Proven track record of originating and closing a high volume of securitized CRE conduit loans
4+–6 years of experience in the real estate finance industry
Strong valuation, analytical and problem-solving skills
Exceptional interpersonal, communication and presentation skills
The person will be expected to work from Deutsche Bank’s office on weekdays. Travel is expected.
Compensation and Benefits The annual full-time base salary range for this role is $140,000.00 - $165,000.00.
Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval.
SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including:
Medical
Dental
Vision
Life
Disability insurance
401K
Equal Opportunity Employer SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Know Your Rights, Workplace Discrimination is Illegal
#J-18808-Ljbffr