Veritas Partners
Asset Manager (Commercial Real Estate – Multifamily)
Veritas Partners, Dallas, Texas, United States, 75215
This range is provided by Veritas Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $120,000.00/yr - $175,000.00/yr
Asset Manager (Multifamily CRE) – Dallas Our client is a well-established commercial real estate firm that spans the US. They are currently seeking an experienced Asset Manager to join their team in Dallas.
Title: VP or AVP
5 days in Dallas office (potentially 4 days in overtime)
Qualifications:
Ideally seeking minimum of 4+ years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets and Asset Management
Previous experience handling Multifamily GSE/Agency (Fannie/Freddie) assets is
required
Will be focused on stabilized as well as turnaround/REO assets as well
Candidates with REO/workout exposure is a plus, but not necessarily required
Responsibilities:
Conduct market research to determine various factors impacting property level performance.
Oversee borrower implementation of business plan(s) associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions.
Prepare quarterly reports, valuations, and risk ratings.
Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc.
Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk.
Perform quarterly property level valuations in order to value the asset.
Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions.
Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
Monitor capital improvement projects to ensure timely completion within budgets.
Seniority level Mid-Senior level
Employment type Full-time
Job function Finance and Analyst
Industries Leasing Non-residential Real Estate, Banking, and Financial Services
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Base pay range $120,000.00/yr - $175,000.00/yr
Asset Manager (Multifamily CRE) – Dallas Our client is a well-established commercial real estate firm that spans the US. They are currently seeking an experienced Asset Manager to join their team in Dallas.
Title: VP or AVP
5 days in Dallas office (potentially 4 days in overtime)
Qualifications:
Ideally seeking minimum of 4+ years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets and Asset Management
Previous experience handling Multifamily GSE/Agency (Fannie/Freddie) assets is
required
Will be focused on stabilized as well as turnaround/REO assets as well
Candidates with REO/workout exposure is a plus, but not necessarily required
Responsibilities:
Conduct market research to determine various factors impacting property level performance.
Oversee borrower implementation of business plan(s) associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions.
Prepare quarterly reports, valuations, and risk ratings.
Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc.
Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk.
Perform quarterly property level valuations in order to value the asset.
Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions.
Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
Monitor capital improvement projects to ensure timely completion within budgets.
Seniority level Mid-Senior level
Employment type Full-time
Job function Finance and Analyst
Industries Leasing Non-residential Real Estate, Banking, and Financial Services
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