Investment Analyst I Commercial Real Estate Finance Northmarq Salt Lake City UT
At Northmarq you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors providing our clients access toexperts in debt equity investment sales loan servicing and fund management. We offer you a career path withbestinclass training and we foster inclusive teams committed to collaboration mentoring and growth. At Northmarq we will help you unlock your potential whether you are an industry veteran or youre just getting started.Your new career is waiting. Start something special today.Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! Northmarqis seeking anInvestment Analyst Ito support theProduction Debt Equityteam in our Salt Lake City office. The individual will be joining an active and topperforming Originations team while providing support to the office through financial analysis and underwriting loan request/investment report packaging due diligence closing servicing and various support functions. *This position is an inoffice position with an immediate start date.
Position Responsibilities: - Underwriting Prepare underwriting of commercial real estate properties based on historical financial statements borrower models or projections and market standards to provide reliable valuation and loan analysis.
- Packaging Prepare loan request packages that meet company guidelines and lender requirements. Packages include narrative analysis of the borrower property location and market as well as underwriting valuation leases/rent roll analysis and photographs aerials and maps.
- PreclosingCompile dealspecific lists of potential lenders coordinate and internally track lender outreach. Collect loan quotes creating detailed quote matrices for distribution to the borrower. Manage associated Salesforce updates.
- Closing Provides closing coordination at the direction of Managing Director or Producer including acting as liaison with the servicing department. Responsibilities include collecting and reviewing due diligence ordering and reviewing third party reports and reviewing lender documentation (term sheet commitment loan docs etc. Maintaining open communication with borrowers lenders legal counsels third party vendors and internal servicing and insurance departments on an asneeded basis.
- Research & Lead Generation Provide reliable borrower property and market level data by using available third party and internal resources. Research will include but is not limited to ownership records property transaction history demographics and sales and rent comparables. At the direction of Managing Director or Producer assist in conducting and sustain continuous and annual lead generation efforts leveraging internal prospecting tools and thirdparty platforms.
- Servicing Perform regional office servicing functions including investor portfolio analysis lease reviews/briefs and routine regional office servicing duties through local market knowledge.
- Client Service At the direction of Managing Director or Producer responsible for providing lenders borrowers and internal teams with a bestinclass experience by providing reliable highquality service in a prompt friendly and professional manner.
- Organization/Time Management Plan schedule and prioritize workload to best utilize time and efficiently manage daily tasks to include research financial analysis and underwriting loan packaging and closing services.
- Marketing & Office Administration Provide administrative support and marketing efforts for office functions as needed.
What Were Looking For: - Two years of experience in Commercial Real Estate Finance preferred Internship experience considered.
- Fouryear college degree required with a major in real estate finance accounting or business area preferred
- Proficient understanding of cash flow analysis and demonstrated analytical skills with the ability to calculate NOI DSC ROC IRR etc.
- Proficient tech knowledge and skills including indepth knowledge of Microsoft Office (Excel Word PowerPoint etc. Knowledge of Salesforce or ARGUS software is a plus.
- Strong organizational skills with the ability to multitask while under pressure and an aptitude for problemsolving
- Resourceful with a strong initiative and ability to work independently with minimal supervision
- Strong work ethic and willingness to work extended hours when necessary
- Ability to handle multiple projects and assignments; able to prioritize and meet deadlines
- Excellent written and verbal communication skills
Northmarq offers a highly competitive benefits package including: medical dental vision paid time off 401K match and an annual discretionary contribution based on business performance paid parental leave and adoption assistance education assistance volunteer paid time off charitable contribution match and so much more!
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