Analyst, CMBS/CRE

DOUBLELINE GROUP LP•Los Angeles, CA

4d•$125,000 - $175,000•Onsite

About The Position

DoubleLine is seeking a highly energetic and motivated analyst to join its CMBS/CRE team. The analyst will play an integral role in CMBS/CRE loan investment and asset management processes, including underwriting CRE debt investments, evaluating opportunities, coordinating due diligence, supporting transaction execution and closing, and assisting with asset management and capital markets activities.

Requirements

Bachelor’s degree required.
At least 5 years of experience in CRE credit or underwriting.
Demonstrated ability to lead underwriting and closing workstreams with limited supervision.
Advanced Excel modeling skills.
Strong grasp of loan structuring and documentation.
Broad familiarity with U.S. CRE property types and geographies.
Organized and detail-oriented, with the ability to manage transactions in parallel under tight timelines.

Nice To Haves

Bridge and/or LifeCo exposure preferred.
Proficiency with ARGUS Enterprise strongly preferred.

Responsibilities

Underwrite CRE debt investments across senior mortgage, mezzanine, and preferred equity.
Evaluate new investment opportunities from the pipeline; screen, size, and price deals; and assess borrower business plans, capital expenditure programs, leasing, and market dynamics.
Prepare investment memoranda and present underwriting, risks, mitigants, and relative value.
Lead and coordinate due diligence, including third-party appraisal, environmental, and engineering reports; lease and operating statement audits; background and KYC reviews; and market and tenant studies.
Support transaction execution and closing.
Assist with asset management, including monitoring performance and covenants and performing re-underwriting as needed.
Support capital markets activities for participation, warehouse, and securitization.