Associate, Asset Management

Overview

Support senior asset managers in CRE loan underwriting, monitoring, and asset management.

Key Responsibilities

• third-party coordination
• lease analysis
• debt underwriting
• asset updates
• draw review
• credit memos

Tasks

-Coordination with and/or management of various third-parties including servicers, borrowers, lenders, and construction consultants, amongst others -Monitor performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing -Provide commercial real estate analysis and debt underwriting across all markets and property types -Complete quarterly asset updates for various assets -Contribute to the oversight and mentorship of future junior staff members to support an expanding Asset Management platform -Review and approve draw requests for renovation and ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros -Work collaboratively to achieve department and firm objectives -Support the senior asset managers in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents -Update and/or help create credit committee presentation memos for loan modifications

Requirements

• excel
• powerpoint
• argus
• bachelor’s
• 3 years
• communication

What You Bring

-Ability to work in a fast-paced and quickly changing environment -Must possess the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior management -Excellent verbal and written communication skills -Minimum of 3 years of experience in commercial real estate is required, including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting -Bachelor’s Degree in Real Estate, Economics Finance or other related field required -Must be proficient in Microsoft Excel and PowerPoint; ARGUS experience preferred

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About Newmark

-Offers a comprehensive suite of services including leasing, capital markets, property management, and advisory. -_INVOLVED_ in significant projects across various sectors such as commercial, residential, industrial, and retail. -سابق Opera specialized in complex transactions, capital structuring, and operational strategies. -_INVOLVED_ advisory services are widely recognized for providing deep market insights and tailored solutions. -INVOLVED_ in handling diverse, high-stakes real estate challenges, from urban developments to large-scale industrial projects.

Sector Specialisms