Analyst, Capital Markets
About the role
The Analyst, Real Estate Capital Markets reports directly to the Senior Director, Head of Syndicated Loans and assists in all aspects of real estate property due diligence, structuring, underwriting, and deal negotiations of all back leverage and syndicated loans for NRE's structured credit business. Under close supervision by the Head of Syndicated Loans, this role facilitates the successful execution of all back leverage and syndicated loan positions, supports other team members within Capital Markets, and helps support strategic initiatives led by Capital Markets and the wider structured Commercial Real Estate Debt sector.
Responsibilities
- Customize Initial Information Memorandums (IIMs) prepared by Debt Origination into Sales Memorandums
- Coordinate confidentiality agreements with counterparties
- Work with the wider Capital Markets team to target optimal distribution of senior debt positions
- Coordinate feedback from prospective syndicate and back leverage partners
- Work closely with debt origination, closing, legal, and asset management teams in all aspects of deal execution for syndicated loans
- Support the due diligence process for all loan syndications, fund and asset level financing requests, coordinating with internal colleagues in debt origination, NRE equity funds, and third parties to ensure accurate and consistent information is shared across the Capital Markets platform
- Navigate and improve existing financial models to facilitate real estate loan back leverage and syndication, debt origination, and asset management decisions; provide ad hoc debt and equity fund-level analysis as needed
- Review primary loan documentation, loan modification, and intercreditor documents required for all syndicated loan executions, working closely with legal and closing departments to ensure consistent and timely deal execution
- Facilitate a smooth transition with syndicate partners to the Asset Management team post-closing of all successfully syndicated or back-levered loans
- Prepare ad-hoc analysis or presentations required by the Head of Capital Markets and specific financial and operating performance summaries to assist with internal team, internal audit, investor, client, and lender due diligence requests
- Assist other members of the Capital Markets team on cash flow underwriting analysis
- Assist with the preparation of deal memos required for Investment Committee
- Assist with the financing and/or dispositions of equity assets
Requirements
- Bachelor's degree in Finance, Real Estate, Economics, or a related field (preferred)
- No prior work experience required
- Working knowledge of commercial real estate (CRE) finance and real estate private equity, with exposure to syndicated loans, back leverage, or structured credit
- Working knowledge of the CRE loan due diligence process and loan documentation, including intercreditor agreements, note-on-note financing, and master repurchase agreements
- Working knowledge of real estate underwriting, including cash flow analysis and property-level performance review
- Advanced Excel proficiency, including complex financial modeling, scenario analysis, and building or improving models for loan structuring and underwriting
- Physical requirements: Sedentary work
- Career level: 5IC
Skills
- Construction Management
- Due Diligence
- Financial Acumen
- Financial Analysis
- Financial Risk Management
- Financial Statements
- Market/Industry Dynamics
- Organizational Savviness
- Real Estate Investments
- Real Estate Property Management
Pay
Base pay range: $80,000/yr – $100,000/yr. Actual base salary may vary based on relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Benefits
The organization offers a comprehensive Total Rewards package including a superior retirement program and highly competitive health, wellness, and work-life offerings designed to support physical, emotional, and financial well-being. Details are available in the Benefits Summary.
Anticipated posting end date: 2026-10-28