Description
Lancewood Capital, LLC is a New York-based investment firm specializing in the origination and acquisition of commercial real estate debt throughout the United States.
This position is responsible for underwriting Multi-Family, Underlying Co-Op, Mixed Use, Retail, Office, Industrial, Single Family Residence Investment Properties and Construction loan applications under approved loan policies, guidelines and procedures.
Major Duties and Responsibilities:
- Assist the Origination Team in identifying and establishing contact with brokers and other sourcing channels.
- Review third party reports including Appraisal Reports, Environmental Reports, Credit Reports and other credit documentation and make recommendations to support the final credit decision.
- Ensure that loan all supporting credit documentation is contained in the file and appropriately analyzed to support the final credit decision.
- Analyze commercial real estate income and expenses and generate income statements.
- Analyze financial capabilities and develop global liquidity analyses for prospective borrowers.
- Assist Loan Team with processing questions or concerns.
- Prepare memos and reports as required including loan summaries, pipeline reports, and other reports.
- Ensure that all credit information entered into the loan origination system is accurate.
- Responsible for maintaining and updating respective pipeline reports and information.
- Review information for loan originations and acquisitions, recommendation of work for escrow releases, requests for extensions and or modification of loan terms.
Minimum Qualifications:
- Four-year College Degree with a major in Finance, Economics or Real Estate or equivalent experience
- Desire to learn about commercial real estate lending
- Energetic and driven to succeed.
- Good communication skills – written and oral
- Proficient in Word and Excel
- Highly organized
This job is no longer active.