Senior Underwriter (Commercial Real Estate)

Senior Underwriter (Commercial Real Estate)

• Seasoned underwriting professional
• Assist underwriter manager with multiple underwriting task
• Assist the Broker with all the Duties performed by the Broker (*Some duties require License)
• Assist with researching the market area – know what developments are happening and how they will affect the subject property you are proposing or marketing
• Research Taxes
• Collect Financials and other pertinent information from Seller
• Underwriting multifamily properties – Complete or work with other departments on the creation of the Pro Forma and have the broker review and approve - includes entering or overseeing the input of Historical Income and Expense in the Pro Forma and completing the Pro Forma column.
• Tour Property and gather all information for the Marketing materials: Take Photos of the Subject Property; Collect all information for the Property Summary (Metering, HVAC, Construction, Parking Surface, etc) – Give to Office/Project Manager; Obtain the Leasing brochure, Floor/Site plans, Amenities give to Office/Project Manager; Write Bullet Points for and Property Description for Marketing Materials; Research the Subject Property area and write the Neighborhood Description; Select the initial set of Rent Comps (may need to take photos) and work with Office/Project Manager to update. Finalize with advisor and give approved list to Office/Project Manager; Select the initial set of Sale Comps (may need to take photos). Finalize with advisor and give approved list to Office/Project Manager.
• Enter and maintain listings on outside listing services as needed.
• Help create new ways to market the Advisor to potential Investors & Sellers
• Gather, stabilize, maintain, and interpret data & information
• Gather, stabilize, maintain, and interpret data and information from a variety of sources.
• Develop analyses and reports to enhance client understanding of market trends and investment opportunities and prepare presentations for use at client meetings.
• Prepare complex and sophisticated valuation and cash flow analyses
• Read, abstracts and analyzes complex legal real estate related documentation to include leases, financing/loan agreements, mortgage documents, partnership agreements, and corporate financial statements for relevant financial information that will impact the assignment Prepare clear, concise, and presentation ready documentation and spreadsheets that support and explain the basis of the analyses for use in client presentations, proposals and/or reports
• Participate with team in client meetings to present and discuss analyses as needed. May discuss analysis summaries and findings with clients
• Assist in the quality control effort to insure that all client presentation materials are professional, accurate, high impact and reflect the standards of quality
• May assist and participate in strategy sessions in preparation for conferences with clients
• Help assist in research and development of quarterly market reports
• Create news articles/PR on business activity
• Assist with weekly on markets and sales comps
• Asist with training new hires

Real Estate License required for the following duties:

• Do inspections walks
• Show Subject properties to potential Buyers
• Field questions from potential buyers responding to the flyer and email mailings

*License Required

EDUCATION AND EXPERIENCE

• Prior experience in Investment analysis and acquisitions preferred
• A Bachelor's Degree from a 4-year college or university.
• Real estate license preferred
• Appraisal experience preferred