Listing Details


 

Interested and qualified candidates please submit a resume to:
Sierra Olney |sierra@kelleraugusta.com | 401-487-4898

Analyst, Credit (Asset Management/Bridge Lending)

Boston, MA

JOB DESCRIPTION

Company Overview
Our client is a real estate investment management company known for its vertically-integrated platform and expertise
in the multifamily sector. This organization is a people-focused investment manager with national experience in U.S.
residential real estate. With over 50 years of experience, they manage approximately $12 billion in real estate assets on
behalf of their global institutional clients. Our client aspires to improve lives through expert capital stewardship and
exceptional living experiences. Their reputation for innovation and prudence attracts residents in the U.S. and investors
from across the nation and from around the globe.


Positions Overview
Under the direction of the senior leaders of the debt platform, the Analyst will contribute to managing debt investments on behalf of our client.


Key Responsibilities
Responsibilities may include but are not limited to the following:
• Assist with ongoing monitoring of bridge loan asset level performance
• Review draw requests, ensuring comprehensive detail and data has been provided from Servicer and Borrower
• Compare current and trailing performance to prior period reporting and to underwriting; analyze negative trends and
review source data for outliers
• Ongoing engagement with servicer/asset manager to ensure proactive view of loan performance, availability of relevant
operating data, and identification of issues
• Track all changes in business plan, progression of business plan execution, insurance losses, and delinquencies
• Assist with securitization reporting, including compiling and analyzing quarterly business plan execution updates, loan
performance, borrower financial condition, inspection results, and loan modifications
• Work with the firm’s credit managers to provide exposures for market, sponsor, product subtype, pending maturities
• Assist Credit Managers with analysis of pending loan maturities and watchlist loans
• Provide sensitivities as needed to stress portfolio outcomes under various scenarios
• Assist in the monitoring and analysis of structured debt investments, including mezzanine and preferred equity
investments
• Actively participate in the analysis, restructuring, and workouts of loans
• Under direction of the AVP, Head of Special Asset Management and Subordinate Debt, prepare watchlist summaries
for submission to MF1 Leadership and Investment Committee
• Provide downside scenarios to include breakeven occupancy, break even cap rate, potential refinance shortfalls, and
sponsor equity
• Visit markets and properties to validate business plan assumptions, monitor property operations, and identify
opportunities and issues to improve operations
• Stay abreast of relative market information for all markets related to the portfolio.
• Periodic travel may be required (20-25% of time)
Qualifications
• 1+ years of successful experience in multifamily real estate
• Underwriting and/or asset management of multifamily debt/equity transactions preferred
• Experience with workouts, a plus
• Ability to analyze property operating statements and rent rolls
• Experience reviewing draw packages and loan advances, a plus
• Demonstrate ability to identify problems early and solve them effectively with minimal assistance
• Have a keen eye for multifamily value creation opportunities and the ability to act on them through others
• Ability to develop and maintain effective internal and external relationships with a range of individuals including Clients,
Portfolio Reporting, Property Management and Acquisitions and Dispositions
• Ability to take direction from multiple sources while effectively managing multiple, changing priorities
• Ability to assess and quantify risk
• Strong attention to detail
• Strong written and verbal communication skills