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Commercial Loan Sales Associate

Salary
<$75,000
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10010
Country
United States

This job is no longer active.

Description


High level overview


This position supports senior members of Mission Capital Advisors, LLC in their commercial real estate, commercial / industrial and business whole loan sale efforts. The ideal candidate is a self-starter with strong analytical skills and intellectual curiosity. S/he will increase knowledge and experience in all property types in the performing/distressed/charge off commercial, residential and consumer loan trading business while gaining exposure to debt capital markets participants/customers, including commercial and investment banks, specialty finance companies, and funds. 

What you'll be doing in the role:
1.   CRE and business / C&I loan portfolio data review, normalization, stratification and analysis

2.   Valuation of CRE (discounted cash flow, comparable sale, value PSF approaches)
3.   Valuation of loans secured by commercial real estate, business assets and other commercial collateral with associated financial modeling and cash flow projections
4.   Analysis of market data
5.   Virtual data room set up / coordinate data transfer with investors, servicers and lenders
6.   Preparation of due diligence materials and loan files 
7.   Transaction status reporting
8.   Interacting with investors / potential purchasers
9.   Assisting in closing transactions 
10.   Assist in responses to client RFPs 

Ideal Background & Skills Needed for the Role: 
1.   Mortgage, real estate or structured products analyst training program at financial services or real estate private equity firm (bank, consulting/accounting, REIT, hedge fund)
2.   Prior career experience in structured products, lending, special servicing, or real estate underwriting / investment analysis
3.   Strong MS Excel and database skills, visual basic and python scripting a plus, Tableau experience a plus, Salesforce experience a plus
4.   Financial modeling and data analysis skills should be second nature
5.   Strong writing skills
6.   Ability to learn quickly
7.   Attention to detail 
8.   Ability to work as part of a team 
9.   Strong drive and desire to take on responsibility
10. Likes and prioritizes work
11. Genuine interest in debt capital markets / real estate


Location: Role will be based in Mission's NY office. 

Background check: Thorough background check will be required of all candidates. 

Mission Capital is a leading national loan sale advisory, due diligence and capital markets firm providing an integrated platform of secondary market loan portfolio brokerage, valuation, transaction management and data/document curative services for the commercial and residential loan markets.  Mission Capital was acquired in 2020 by Marcus & Millichap (NYSE:MMI), a real estate and finance services firm with ~2,000 investment sales and capital markets professionals located in more than 80 offices across the U.S. and Canada.  With a market cap of nearly $1.5B and $40 billion to $50 billion of closed transactions annually, Marcus & Millichap adds deep capital markets expertise, investment sales, market intelligence, and extensive research to Mission Capital’s resources. 

Mission Capital Advisors, LLC is an equal opportunity employer and values diversity. All employment is decided on the basis of qualifications, merit, and business need.

Job Function


 

Job Sector


Not specified

 

Experience


1+ to 2 years


This job is no longer active.

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