Real Estate Associate

1 week ago


New York, New York, United States Newmark ltd Full time
Job Description

Silverstein Capital Partners (SCP) is a leading provider of financing solutions for commercial real estate projects in growing urban markets throughout North America. As a Real Estate Associate, you will play a key role in supporting the SCP team in originating, underwriting, and managing commercial real estate loans.

Key Responsibilities
  • Analyze potential investment opportunities to determine their viability and potential return on investment.
  • Develop and maintain complex financial models using Excel and ARGUS to evaluate loan proposals and assess credit risk.
  • Conduct due diligence on loan proposals, including site visits and analysis of development budgets, sponsor/guarantor credit profiles, and market information.
  • Prepare investment committee packages and present loan proposals to the investment committee.
  • Support the management of SCP's deal pipeline and assist in the monitoring of overall portfolio and credit risk.
  • Research and analyze markets and submarkets to identify trends and opportunities for SCP.
Requirements
  • Bachelor's degree in a relevant field, such as real estate, finance, business, or accounting.
  • 3+ years of experience in a real estate lending platform, investment bank, institutional real estate fund, or institutionally backed sponsor.
  • Outstanding proficiency in creating complex financial models using Excel and ARGUS.
  • Strong analytical, quantitative, and communication skills.
  • Ability to work in a fast-paced environment and handle multiple projects simultaneously.
What We Offer

SCP offers a competitive salary range of $125,000 to $175,000 annually, as well as a comprehensive benefits package and opportunities for professional growth and development.

Newmark is an Equal Opportunity/Affirmative Action employer and welcomes applications from diverse candidates. Vaccination against COVID-19 is required as a condition of employment.


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