Director, CRE Originations
About the role
SitusAMC is seeking a Director, Originations for a multi-billion-dollar financial services institution. The position reports directly to the Head of Debt Originations and involves all aspects of debt origination, working closely with investment teams.
Responsibilities
- Proactively identify and generate new client and existing relationships nationwide through networking, cold calling, referrals and attending top industry conferences.
- Sourcing, evaluation and execution of debt investments in the US market, with exposure to a variety of traditional and alternative asset classes, including multifamily, industrial, hospitality, self-storage, and retail.
- Underwrite and analyze potential loan opportunities, including cash flow projections using ARGUS and/or Excel software, valuations and loan metrics.
- Negotiate mortgage loan terms with borrowers.
- Career Area: Commercial Real Estate
- Job Type: Full time
- Job Location: US - NY - New York
- Other Locations: US - Other Locations
Requirements
- Minimum 7-12 years of experience in real estate lending with strong contracts, relationships and standing in the investment community.
- Collaborative and team-first orientation. Ability to build relationships and work effectively with external partners and internal teams from various backgrounds and across functional areas.
- Demonstrated experience in commercial real estate lending, with a focus on multifamily, industrial, hospitality, self-storage, and retail.
- Strong knowledge of the various mortgage products and requirements with superior technical financial modeling expertise.
- Superior communication and interpersonal skills, with the ability to work, communicate and present effectively with a wide range of people, including junior personnel and senior management.
- Strong analytical skills and foundational real estate knowledge. Advanced user of Excel, Word, PowerPoint and ARGUS.
Qualifications
- Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings.
- The annual full time base salary range for this role is $200,000.00 - $250,000.00 Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval.
- SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.
Benefits
- Pay Transparency Nondiscrimination Provision
- EEO Employer
What it's like to work here
Working alongside top talent in the commercial real estate industry, you’ll help guide leading organizations through the entire commercial real estate lifecycle, from originations and secondary market activity to valuations, loan servicing and asset management.
Part of a global team Whether you’re working in one of our Real Estate businesses, or in Technology or a Corporate function, you’ll have plentiful learning opportunities and be greeted by a team who values your contribution. And, when it comes to benefits, you can expect above-and-beyond offerings supporting your emotional, physical and financial wellness.
Company Information
- Years of delivering results: 30+
- Professionals: 4500+
- Global Offices: 25+
- Clients: 1500+
- Location: New York, NY, US
- Title: Director, CRE Originations