CBRE
DSF Analyst Affordable Housing
Job Location
Grand Central, NY, United States
Job Description
About The Role:
CBRE affordable housing is seeking a Loan Production Analyst. Our team wants a high-performing, detail-oriented, client-focused self-starter who will efficiently analyze requests to finance multifamily affordable housing throughout the country. Candidates will have experience providing the highest level of client service in order to win repeat business. Ideal candidates will have at least 2 years of current experience analyzing / underwriting funding for multifamily housing or other commercial real estate.
What You'll Do:
- Efficiently analyzes the financial and non-financial aspects of multifamily housing properties to create loan proposals.
- Analyze property financial statements such as operating statements, rent rolls, real estate tax bills, third party consultant reports (when available), and other due diligence to complete financial models, identify risks/mitigants, articulate conclusions, and make lending recommendations to supervisors.
- Obtain, analyze, and present sales, rent, and expense comparables to develop underwriting conclusions.
- Research a variety of reliable sources to conclude and communicate the economic strengths and weaknesses of real estate markets throughout the U.S. where the subject properties are located.
- Analyze existing loan documents to evaluate and confirm opportunities to refinance existing debt.
- Inspect properties, as needed, including lease files and units as well as rent comps and sales comps (some travel).
- Stay abreast of interest rates, loan products, Fannie/Freddie/FHA guidelines, and updated information needed to provide internal and external clients with competitive results.
- Provide informal assistance such as technical guidance and/or training to coworkers and interns on specialty areas.
Qualifications:
What You'll Need:
- To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
- At least 2 years experience analyzing / underwriting multifamily housing or other commercial real estate. Experience with Fannie Mae, Freddie Mac, and/or FHA (HUD) is a plus. Experience with affordable housing, including LIHTCs, Section 8, and/or bond financing is a plus.
- Bachelor’s degree with major in Business, Finance, or Accounting. Relevant direct experience in multifamily housing lending or other real estate finance experience may substitute if candidate majored in subjects other than business, finance, and accounting.
- A passionate, can-do attitude. Highly motivated, intellectually curious. Takes actions to learn quickly.
- Proven aptitude and skills for analyzing data, financial modeling, and clear reporting of results/recommendations.
- Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Benefits:
Yes
Location: Grand Central, NY, US
Posted Date: 11/22/2024
Contact Information
Contact | Human Resources CBRE |
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