Commercial Real Estate Loan Sales and Trading Associate Director

What You'll Be Doing

• Loan portfolio data review, normalization, stratification, macro data refinement and analysis
• Valuation of CRE properties (discounted cash flow, comparable sale, value PSF approaches, construction loan cost to complete)
• Valuation of loans secured by commercial real estate, business assets and in process construction projects with associated financial modeling and cash flow projections
• Gathering and analysis of market data
• Transaction Management: Virtual data room set up / coordinate data & file transfer with investors, servicers and lenders.
• Preparation of due diligence materials and loan files, transaction status reporting, interacting with existing/potential clients and investors, managing closing / settlement
• Aiding in responses to client RFPs
• Interfacing with Marcus & Millichap professionals across the country as it pertains to loan sale activity

Ideal Background And Skills Needed

• 2-4 years’ experience in a mortgage origination, real estate, or structured products analyst program at a financial service, investment sales, or real estate private equity firm (bank, consulting/accounting, REIT, hedge fund)
• Prior career experience in real estate underwriting / investment analysis, lending or special servicing, and/or in structured products
• Experience utilizing AI work tools including, Claude, Gemini, ChatGPT to develop / enhance workflows, research financial models with associated MS Excel and PowePoint skills (using AI as a tool, not the answer) are required
• Argus experience is highly preferred
• Strong business writing, financial modeling and data analysis skills are required
• Ability to learn quickly with attention to detail
• Ability to work as part of a team with strong drive and a desire to take on responsibility
• Likes and prioritizes work with a genuine interest in debt capital markets / commercial real estate

Benefits

• Health, dental, and vision insurance
• Paid time off and paid holidays
• 401(k) retirement plan with employer matching contributions
• Life and disability insurance
• Employee Assistance Program (EAP) and wellness resources

About the Role

Founded in 1971, Marcus & Millichap (NYSE: MMI) is a premier commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services. With a national platform spanning 80+ offices across the U.S. and Canada, the firm completed over 8,800 transactions in 2025, with $50.8 billion in sales volume. Our mission is to help our clients create and preserve wealth through exceptional real estate investment expertise and service. Mission Capital is growing in response to the strengthening of commercial real estate and capital markets. This position supports senior members of Mission Capital Advisors, LLC in their commercial real estate loan, residential transitional loan (RTL) and business loan sale efforts (with an emphasis on CRE and RTL loans and portfolios).