ColumbiaNational Real Estate Finance, LLC (CNREF) seeks an individual interested in Commercial and Multifamily Real Estate Finance. The primary responsibility of the full-time position is to assist the loan production team in preparing financing request submissions for efficient and successful loan closings. We seek an individual with a passion for commercial real estate and strong ethics, character and professionalism.
Company Description:
CNREF is a market leader in commercial and multifamily mortgage banking with loan origination offices in Washington, DC and Baltimore, Maryland. The existing loan servicing portfolio is over $6.2 billion with 28 different investors/lenders. CNREF has a long history, since 1939, of providing competitive debt and equity solutions to owners of institutional quality commercial real estate, and a long history of developing individuals to become best-in-class professionals in the commercial real estate industry.
Required Skills and Competencies:
- Self-motivated with the ability to multi-task, manage time effectively, and meet deadlines
- Clear and concise oral and written communication abilities
- Strong analytical skills with the ability to calculate NOI, DSCR, Debt Yield, ROC, and IRR
- Understanding of risk and return, credit metrics, time value of money, capitalization rates and discount rates
- Expertise with spreadsheet modeling, graphic design layouts, and market research
- Ability to analyze and size debt and equity for office, retail, warehouse, and multifamily transactions
- Team player with attention to detail and the ability to prioritize, problem solve and suggest solutions
- Familiarity with commercial lease clauses, rent rolls, and operating statements
Essential Duties and Responsibilities:
- Analyzing, underwriting and presenting cashflows for valuation and loan sizing
- Researching, analyzing and presenting market and submarket data
- Creating and finalizing high-quality Financing Request Packages which include a narrative description of the project, photos, maps, graphs, market data, financial underwriting and graphics
- Maintain transaction pipeline database and lender database
- Draft and produce a monthly capital markets update
- Coordinating the due diligence processing for loan quotes, approvals and closings
Education and Experience:
Bachelor of Science or Arts degree (at a minimum). Preference for a degree in Economics, Marketing, Real Estate, Finance, or Business. 2-4 years of relevant work experience.
Computer Program working knowledge:
Microsoft Office 365, Graphic Design Software - Adobe InDesign, MS Publisher (or similar). CoStar and Argus familiarity is a plus.