Asset Management Associate

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Job Identification Number: 63

Location: Atlanta, GA

Job Type: Direct Hire

Job Category: Real Estate

Qualified candidates, please attach resume when applying.

Overview

Leading real estate investor seeks an Asset Management Associate in their Atlanta office. The ideal candidate should possess a basic understanding of real estate finance including debt and equity structures.

Primary Responsibilities:

  • Assist in the management of a portfolio of highly structured commercial real estate loans, while adhering to company policies and procedures, and managing client relations.
  • Provide a high level of loan surveillance support to the Asset Management team by monitoring and reporting on property level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all types of commercial real estate property types.
  • Collect, review and analyze property, borrower, and guarantor financials.
  • Update and monitor loan specific information in the loan servicing system.
  • Assist Asset Managers with collection of loan documents, reviewing monthly waterfalls and producing monthly and quarterly reports. 
  • Communicate with Borrowers, Lenders/Investors and Sponsors as directed by Asset Managers to obtain loan balances, supporting documentation and property updates for capital expenditure projects, leasing activity, construction status, condo sales, etc.
  • Prepare and submit correspondence letters to Asset Managers for review including general correspondence, delinquency letters and non-compliant letters.

 

Qualifications and Requirements:

  • 2+ years of experience in Commercial Real Estate Asset Management.
  • Understand and analyze balance sheets and income statements
  • Knowledge and familiarity with underwriting and/or asset management of commercial real estate debt
  • Analytical skills to understand complex commercial loan documents and borrower financial statements.
  • Understanding of 3rd party reports including appraisals, property condition reports and environmental reports.
  • Understanding of property operating statements for all commercial property types (e.g. hotel, office, multifamily, and self-storage).
  • Bachelor’s degree (Real EstateFinance/AccountingBusiness preferred)