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Multifamily Commercial Real Estate Property Assessment Specialist
2 months ago
We are seeking a highly skilled Multifamily Commercial Real Estate Property Assessment Advisor to join our team at Fannie Mae. As a key member of our organization, you will play a critical role in providing subject matter expertise on Physical Condition Assessments (PCAs) and Phase I Environmental Site Assessments (ESAs).
Key Responsibilities- Review and prepare Property Condition Assessments (PCAs) to ASTM Standard E2018 and/or Phase I Environmental Site Assessments (ESAs) with subject matter expertise of ASTM E1527, as well as Fannie Mae scope of work.
- Provide subject matter expertise in evaluating multifamily building systems and conditions, seismic, accessibility, MEP, or other specialties specific to Fannie Mae scope and/or frequently encountered recognized environmental issues/conditions and remedies.
- Consult with and provide guidance to the team on reviewing collateral securing Fannie Mae loans, as well as assisting in setting policy, reviewing reports and developing a robust QC process to mitigate property condition risk in the book.
- Provide professional support and guidance to various Fannie Mae Multifamily teams with respect to property condition.
- Photograph representative systems, conditions, and physical deficiencies and/or representative areas of a property and surrounding properties in support of the ESA and estimates costs to remedy deficiencies.
- 6 years of experience in a related field.
- Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS.
- Experience anticipating risks and designing solutions to mitigate them.
- Working with people with different functional expertise respectfully and cooperatively to work toward a common goal.
- Experience managing supplier or vendor relationships, including: managing needs and expectations, evaluating and tracking performance metrics, and making decisions related to suppliers or vendors.
- Experience identifying and selecting strategic options, and identifying resources to meet the defined objectives.
- Learning and Training including conducting, developing, and evaluating training, instructional design, and learning management systems.
- Performance Measurement including evaluating programs, evaluating vendors, and defining and measuring KPIs.
- Experience gathering accurate information to explain concepts and answer critical questions.
- Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand.
- The group of skills related to Risk Assessment and Management including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
- Bachelor degree or equivalent in Architecture, Engineering, Construction Management, Environmental Science, Geology, or related field.
- Experience with PCAs or related services.
- Must demonstrate a general understanding of Property systems including site work, structural and building envelope.
- Engineer or architect experienced in commercial real estate/multifamily construction.
- Familiar with industry-standard Mortgage Bankers Association (MBA) physical condition rating scale.
- Familiar with relevant commercial construction and environmental guidelines.
- Holds relevant commercial construction certifications.
- Excellent verbal and written communication skills.
