
Senior Underwriter - Real Estate
Alexander Chapman, Minneapolis, MN, United States
Recruitment Consultant at Alexander Chapman | Investments & Research
I'm working with an established Real Estate firm in Minneapolis seeking a Senior Underwriter to join their team.
Direct message the job poster from Alexander Chapman.
Qualifications
- 7-10+ years of commercial real estate underwriting experience
- Strong understanding of valuation methods, including income capitalization, DCF, and sales comparison.
- Advanced Excel skills , including building and stress-testing detailed cash flow models and debt structures.
- Ability to identify and evaluate credit risks, lease rollover exposure, market concentration, and sensitivity scenarios.
- Working knowledge of insurance requirements and coverage considerations by asset location.
- Experience with zoning, environmental due diligence, title and survey review, and closing documentation.
- Experience managing or mentoring junior staff.
- Strong attention to detail and follow-through.
- Problem‑solver who can identify issues and propose solutions.
- Able to work efficiently in a fast‑paced environment and handle multiple priorities.
- Comfortable working in a small, growing organization and taking on a range of responsibilities.
Responsibilities
- Perform full underwriting and due diligence for commercial real estate transactions and resolve underwriting issues as they arise.
- Review appraisal reports for accuracy, completeness, and overall reasonableness of value conclusions.
- Review insurance policies to confirm required coverages are in place.
- Review Plan and Cost reports, when applicable, to confirm the appropriateness of the capital stack.
- Review borrower organizational documents to ensure proper loan structure and authority.
- Review credit memoranda prepared by junior staff to ensure compliance with underwriting standards and closing timelines.
- Coordinate with internal and external legal counsel to ensure deal documents accurately reflect transaction terms.
- Manage closings by working with title companies, lenders, attorneys, and other third parties to ensure timely funding.
- Coordinate with the servicing team to transition loans from underwriting to servicing after closing.
- Perform other duties as needed.
Seniority Level
Mid‑Senior level
Employment Type
Full‑time
Job Function
Finance
Industries
Real Estate, Venture Capital and Private Equity Principals
Location & Compensation
Minneapolis, MN – $59,000.00–$94,000.00
Additional Information
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