Director of Lending

Main Responsibilities

• Accountable for loan origination activity, including sourcing, business development, negotiations, underwriting, closing and servicing a new book of commercial mortgage loans.
• Drive the loan growth and profitability of Public Storage’s lending program.
• Act as the subject matter expert and collaborate with leadership on new initiatives, products and services.
• Oversee marketing programs supporting initiative.

Qualifications

• 10+ years of leadership experience in commercial real estate underwriting and lending.
• Deep and broad relationships within commercial real estate including brokers, lenders, borrowers, owners, investment managers and developers.
• Demonstrated competency in all aspects of investment origination, evaluation, and execution including:
  • Congducting research and generating investment ideas
  • Conducting financial, operational, structural, and market due diligence
  • Analyzing risks and structuring to mitigate risks while optimizing for legal, capital, regulatory, rating agency, and accounting considerations
  • Negotiating deal terms and legal documentation
  • Managing investments post-closing
• Demonstrated communication skills to be used cross-functionally, with excellent written, verbal, and interpersonal capabilities.
• Ability to demonstrate effective leadership in ambiguous and frequently changing situations.
• Ability successfully direct and lead external and internal partners.
• Team player, as this person will be influencing the group indirectly and working heavily with individuals throughout the organization.
• Strong ability to build and lead teams.
• Able to make recommendations, gain buy-in and lead projects to improve the processes and efficiencies of a business team.
• The ideal candidate should have an established network of contacts within the self-storage industry.
• Ability to draw on existing relationships and establish new ones to build and maintain strong business relationships.

Additional Information

Base Rate: $150K-220K
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location.
Base pay is one part of our total awards approach to compensation which is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses or incentives.

Public Storage is an equal opportunity employer and embraces diversity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status. All qualified candidates are encouraged to apply.

Sponsorship for Work Authorization is not available for this posting. Candidates must be authorized to work in the U.S. without requiring sponsorship now or in the future.