Analyst – Originations
Dallas
Loan Asset Management
1 – 2 Years
Position: Analyst – Originations
Division: Originations
Location: New York, New York
Reporting to: Managing Director
Summary
The Analyst is responsible for assisting in originating, underwriting, and performing due diligence on real estate debt transactions. The candidate should be self-motivated, work effectively in teams, be detail-oriented, and be able to work on multiple transactions at once in a fast-paced environment. They will have an excellent opportunity to work on a variety of large institutional real estate transactions, including multiple property types across the US. This is an in-office role reporting to the Managing Director and is located in New York, NY
Responsibilities
- Provide general analytical support to the originations team.
- Assist with all aspects of the loan origination process, including the modeling and evaluation of new investment opportunities in ARGUS and Excel, sensitivity analyses, identifying the risks and mitigating factors of potential investments, due diligence review, preparation of investment memos, and loan closing.
- Provide analytical support on a wide variety of assignments including market research, review of property operating statements, cash flow modeling, property valuation, and borrower credit review for investment committee approval.
- Conduct calls with leasing brokers, appraisers, and property owners to evaluate markets and submarkets tied to investment opportunities.
- Assist members of the team with the loan diligence process, including initial structuring, underwriting and closing.
- Interface with internal credit, legal and loan origination personnel and externally with borrowers, third-party service providers and investors.
- This is not a comprehensive listing of activities, duties or responsibility, which may change at any time without notice.
Skills
- Bachelor’s degree in Finance, Business, or a related area with real estate coursework is preferred.
- 1-2 years of experience in commercial real estate / finance.
- Proficiency in Excel and PowerPoint is required. Knowledge of Argus is preferred.
- Strong analytical and quantitative skills.
- Understanding and strong interest in real estate, capital markets, and debt.
- Excellent verbal, writing, and communication skills.
Compensation: $90k – $100k base plus performance based bonus. As an equal opportunity employer, ACORE CAPITAL offers a competitive benefits package and salary/bonus commensurate with experience.
To apply: Please send your resume and cover letter to [email protected] using the subject line ‘Originations Analyst – New York’.
About ACORE CAPITAL
ACORE CAPITAL, LP is one of the largest credit managers focused on commercial real estate lending. This success is an outcome of its people-first culture, proven track record and longstanding relationships in the commercial real estate finance and investor communities. ACORE CAPITAL originates, acquires and manages first mortgages, B-notes, mezzanine debt and preferred equity throughout the United States. With over 100 professionals in offices in New York, Miami, Los Angeles, San Francisco and Dallas, ACORE CAPITAL specializes in providing borrowers with customized financing solutions at competitive rates and flexible terms. For more information, please visit www.acorecapital.com.