Associate, CRE Originations

Bellwether • New York, NY

5d • $140,000 - $140,000

About The Position

The Associate, CRE Originations will support the Torchlight Originations Team, which is responsible for originating the private real estate debt and equity investments in Torchlight’s fund businesses, which includes in office, retail, multifamily, hospitality, and industrial asset classes throughout the U.S. This role will be responsible for assisting with all aspects of originating and structuring complex commercial real estate investments; including stretch senior mortgages, mezzanine loans, preferred equity, distressed debt and common equity, and will take investments from initial inquiry through term sheet.

Torchlight Investors – The firm is an SEC registered investment advisor with over $5.9 billion in assets under management in commercial real estate debt. Since its inception in 1995, the firm has invested over $30 billion in its funds and separate accounts. For additional information please visit https://www.torchlight.com/

Requirements

• A minimum of 3-7 years of relevant experience in real estate investment banking, private equity, or related fields, with a strong preference for asset-level underwriting experience.
• Proficiency in Excel, experience with Argus is highly desirable.
• Strong presentation skills.
• Bachelor’s degree required, preferably in Business, Finance, Real Estate, Economics or a related field.
• A strong interest in commercial real estate and finance/investment along with proven excellence in prior roles.
• Advanced financial modeling expertise with experience modeling commercial real estate (CRE) assets and capital structures.
• Broad knowledge of multiple property types and market dynamics.
• Ability to perform responsibilities independently and proactively, solve problems, and improve processes and/or services.
• Self-directed, takes initiative and responsibility, ensures completion of tasks.
• Excellent verbal and written communication skills; strong listening and interpersonal skills.
• Highly effective at preparing and presenting information both internally and externally to clients.
• Acts with honesty and integrity and maintains confidentiality, adheres to company policies.
• Promotes a collaborative and productive work environment.
• Demonstrates team building, support and respect.

Nice To Haves

• Experience with Argus is highly desirable.

Responsibilities

• Collaborate closely with senior team members on a wide variety of financing transactions;
• Conduct real estate valuation and financial analysis, including modeling property and portfolio cashflows in Excel and ARGUS;
• Conduct market research and analysis to support underwriting assumptions and investment strategies;
• Develop market insights and effectively present to senior team members;
• Analyze and complete underwriting property-level operating history and financial statements to assess performance;
• Prepare presentations and investment memoranda, evaluate investment structures, identify strengths and risks, assess market dynamics, and project investment returns; and
• Perform ad-hoc financial analyses, including special projects, at the request of management.

Benefits

• Employer-paid Medical, Dental & Vision, with buy-up options available
• Flexible Spending Account, Health Savings Account
• Carrot Fertility Benefit - $10,000 lifetime benefit
• 401k company match 4%, immediately vested
• Generous PTO, 11 Paid Company Holidays & Paid Holiday Office Closure
• 14 weeks Maternity Leave & 12 weeks Parental Leave
• Wellbeing program offerings
• Cell phone reimbursement
• Engaging team events & holiday parties

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level