Director, Valuations and Construction Management
3 days ago
About the job
Windstone Private Lending is looking to add a Director of Valuations and Construction Management to them team, with a focus on conducting internal appraisals for rehab projects and managing construction draw requests. In this role, you will be responsible for assessing the value of rehab properties, ensuring that appraisals are aligned with project scope and financial risk, and overseeing the disbursement of construction funds as the project progresses. The ideal candidate will have a solid understanding of property valuation, construction processes, and risk management in private lending.
We offer an entrepreneurial team environment for self-motivated professionals along with the technology and tools to succeed. Windstone Private Lending is a national lending platform that provides the necessary capital, technology, tools, and support to complete real-estate projects. Backed by our national fund, Windstone provides investors with some of the most competitive terms and programs in the real-estate finance market. Windstone is currently lending in 5 states and plans on adding more states in the coming months.
This role will be in Franklin, TN and offers a flexible hybrid work schedule.
Compensation is based on previous experience.
Job Responsibilities
· Conducting thorough internal appraisals of rehab properties to determine current and post-renovation values, ensuring accurate loan-to-value (LTV) ratios
· Analyzing the scope of work rehab projects and supporting documentation to eliminate financial risks inherent in construction loan products
· Evaluating the feasibility of rehab projects by analyzing renovation plans, costs, and timelines, providing insights into the potential risks and rewards of lending
· Analyzing project budgets, contractor estimates, and timelines to ensure alignment with projected property values after completion
· Reviewing construction draw requests from borrowers, ensuring that funds are disbursed according to the terms of the loan and project milestones
· Approve or deny draw requests based on the completion of work and adherence to the established scope and budget
· Stay up to date on real estate market trends, rehab project valuation techniques, and regulatory requirements to ensure compliance and best practices in appraisals
Experience & Qualifications
● 2+ years of real estate appraisal experience
● Understanding of real estate construction
● Understanding of market indicators and changes
● Experience with appraising “After Repair Values”
● Bachelor’s Degree preferred
● Real Estate experience preferred
● Strong organizational skills
● Excellent oral and written communication skills
● Demonstrated interpersonal and client focused skills
● Commitment to providing outstanding customer service
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franklin, United States Windstone Private Lending Full timeAbout the jobWindstone Private Lending is looking to add a Director of Valuations and Construction Management to them team, with a focus on conducting internal appraisals for rehab projects and managing construction draw requests. In this role, you will be responsible for assessing the value of rehab properties, ensuring that appraisals are aligned with...
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