Associate - Bridge Lending: Healthcare

Greystone•Atlanta, GA

7d•Onsite

About The Position

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac by multifamily loan volume and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do. At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence and is a driving force behind our entrepreneurial spirit and creativity. We are seeking an Associate for our Healthcare Bridge Sales Desk. This position provides organizational and analytical support to the team that analyzes, sizes, quotes, and issues applications for HC bridge and mezzanine loans, which are underwritten to refinancing with a Greystone FHA, Fannie Mae, Freddie Mac, or CMBS loan. The Greystone Bridge Lending Group is responsible for all balance-sheet lending activity at the firm, including Bridge and Mezzanine lending. The portfolio typically consists of $1-3 billion in loans at any given time, principally focused on transitional financing provided with a view towards exit via permanent financing provided by Greystone via its Fannie, Freddie, and FHA lending programs.

Requirements

Bachelor’s degree in Accounting, Finance, or related field.
1-3 years of relevant experience.
Advanced MS Office with expert Excel skills required.
Ability to work independently on projects and also collaborate as a team player.
Detail oriented with strong organizational/project-management skills.
Excellent verbal and written communications skills.
Strong time management skills and respect for deadlines.
Driven, innovative team-player who is focused on results and strives to deliver a superior work product.

Nice To Haves

Analytic/underwriting experience a plus.

Responsibilities

Complete and/or review the initial analysis of proposed transactions.
Assist with up-front deal screening (including online searches) and due diligence tasks including rent roll analysis, preliminary loan sizing analysis, preparation of loan quotes.
Input property financial and loan information into Excel financial models and transaction summaries.
Assess sponsor backgrounds and business plans.
Conduct market research.
Recognize issues and work with team to find solutions to deal with obstacles.
Attend 2-3 weekly pricing meetings.
Prepare soft quote proposal to send to originations team.
Track timing and stages of each transaction.
Regular communication with internal and external clients related to current loan pipeline.
Interact effectively with management assistance with the Investor, borrowers, attorneys and other third parties as applicable.
Handle other duties as needed and assigned.
Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Interact positively with peers, colleagues, and senior executives.