Real Estate Underwriter

5 days ago

New York, NY, United States Arena Investors, LP Full time

The Vice President -Real Estate Credit will be primarily responsible for underwriting and financially analyzing first mortgage investment opportunities as well as performing property and market due diligence on collateral properties. The Vice President will play an active role in sizing, pricing, closing and asset the firm’s real estate investments.

We are seeking someone who understands the importance of the technical skills relative to underwriting and asset analysis and building/maintaining relationships within the real estate industry across various markets.

Responsibilities:

  • Conduct thorough credit risk assessments of commercial real estate transactions, including the evaluation of borrower creditworthiness, property value, cash flow projections, and market conditions.

  • Utilize personal knowledge and extensive CRE industry relationships as applicable for underwriting transactions. Work closely with origination teams, legal, and senior management to ensure that credit risk considerations are fully integrated into business decisions.

  • Establish standard underwriting policies and procedures to be utilized for all transactions.

  • Review and approve all loan underwriting, due diligence and related reports completed by correspondents and third-party providers.

  • Lead the underwriting process for commercial real estate debt transactions, providing expert judgment on credit risk factors and structuring recommendations.

  • Enforce credit risk policies and procedures specific to commercial real estate, ensuring alignment with regulatory requirements and best practices.

  • Monitor market trends, economic indicators, and property performance to identify potential risks and opportunities within the portfolio.

  • Prepare and present detailed investment memos to senior management and stakeholders, highlighting key risks, mitigants, and recommendations.

  • Prepare investment memo and present transaction to investment / credit committee for approval to fund.

  • Review and approve closing checklists and funding statements.

  • Ensure compliance with all relevant regulations and internal policies, staying informed of changes in the regulatory environment that could impact the commercial real estate portfolio.

Requirements

  • Bachelor’s degree in Business, Finance, or Accounting

  • 8-12 years of experience in real estate finance with specific experience in underwriting. Insurance company lending experience a plus

  • Strong analytical and quantitative skills

  • Experience creating financial models. High level of expertise in Excel; ARGUS and Power Point proficiency helpful but not required.

  • Ability to learn new IT applications related to relationship and portfolio management

  • Willingness and ability to travel

  • Highly motivated, adaptable, and open to a growing role

  • Excellent verbal and written communication skills

  • Principal - Real Estate Advisory

    2 weeks ago

    New York, NY, United States StepStone Group Real Estate LP Full time

    Position Overview The Principal of StepStone Real Estate (SRE) will play a critical role in building and servicing discretionary and advisory client relationships in a highly collaborative, team-oriented, technology-forward environment. The role sits within our Manager Research team, which is responsible for covering primary fund investments, client service...

  • Principal - Real Estate Advisory

    1 week ago

    New York, NY, United States StepStone Group Real Estate LP Full time

    Position Overview The Principal of StepStone Real Estate (SRE) will play a critical role in building and servicing discretionary and advisory client relationships in a highly collaborative, team-oriented, technology-forward environment. The role sits within our Manager Research team, which is responsible for covering primary fund investments, client service...

  • VP, Real Estate

    2 weeks ago

    New York, NY, United States Empire State Full time

    *Applicants MUST submit a cover letter with resume to be considered.*This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy. *Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require accommodation.BASIC...

  • VP, Real Estate

    1 week ago

    New York, NY, United States Empire State Full time

    *Applicants MUST submit a cover letter with resume to be considered.*This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy. *Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require accommodation.BASIC...

  • VP, Real Estate

    1 week ago

    New York, NY, United States Empire State Full time

    *Applicants MUST submit a cover letter with resume to be considered.*This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy. *Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require accommodation.BASIC...

  • Real Estate Development Manager

    2 weeks ago

    New York, NY, United States Mentor A Promise Full time

    Description Real Estate Development Manager – PromiseHousing (Volunteer) Organization: Mentor A Promise (MAP) Division: PromiseHousing Location: Remote with NYC-based coordination as needed Type: Volunteer (Unpaid) About Mentor A Promise & PromiseHousing Mentor A Promise (MAP) is a nonprofit organization supporting children and youth ages 5–18...

  • Real Estate Development Manager

    1 week ago

    New York, NY, United States Mentor A Promise Full time

    Description Real Estate Development Manager – PromiseHousing (Volunteer) Organization: Mentor A Promise (MAP) Division: PromiseHousing Location: Remote with NYC-based coordination as needed Type: Volunteer (Unpaid) About Mentor A Promise & PromiseHousing Mentor A Promise (MAP) is a nonprofit organization supporting children and youth ages 5–18...

  • Real Estate Development Manager

    1 week ago

    New York, NY, United States Mentor A Promise Full time

    Description Real Estate Development Manager – PromiseHousing (Volunteer) Organization: Mentor A Promise (MAP) Division: PromiseHousing Location: Remote with NYC-based coordination as needed Type: Volunteer (Unpaid) About Mentor A Promise & PromiseHousing Mentor A Promise (MAP) is a nonprofit organization supporting children and youth ages 5–18...

  • AVP, Commercial Real Estate Credit

    1 minute ago

    New York, NY, United States Northeast Bancorp Full time

    Northeast Bank is a full-service community bank and a national commercial real estate lender with offices in Maine, Massachusetts, New York, and California. We are looking for motivated and talented individuals who want to make an impact in a growing company that cares about its employees, customers, and the communities it serves. Northeast Bank provides...

  • Title Insurance | National Commercial Underwriting Counsel/Underwriter

    3 days ago

    New York, NY, United States Godot Consulting Group Full time

    Godot Consulting Group is excited to announce an opening for a National Commercial Underwriting Counsel/Underwriter. This position involves working with clients on complex commercial real estate transactions, providing legal expertise in underwriting and risk assessment. The ideal candidate will have extensive experience in title insurance, commercial real...