Commercial Loan Originator - LMF

Lennar•New York, NY

8d•Remote

About The Position

LMF Commercial, LLC (“LMF”), a New York–based CMBS lender and wholly owned subsidiary of Lennar Corporation (NYSE: LEN), is seeking to expand its national Origination team. This role is responsible for sourcing, structuring, and executing first mortgage commercial real estate loans intended for securitization in the CMBS market. The Originator will develop and manage relationships with commercial real estate owners and mortgage brokers, identify viable loan opportunities, and work collaboratively with internal underwriting, legal, and closing teams to guide transactions from initial screening through closing. Positions are available in New York City, Miami, and Los Angeles, with national deal coverage.

Requirements

3–5 years of experience in commercial real estate sales, structured finance, or commercial loan originations
Proven exposure to commercial mortgage lending and transaction execution
Solid credit underwriting foundation, including financial analysis and deal screening
Strong communication skills with the ability to interact effectively with internal teams and external counterparties
Self-motivated, detail-oriented, and able to manage multiple transactions concurrently

Nice To Haves

Existing broker and/or borrower relationships preferred
With CMBS and securitized lending structures
Broad familiarity with multiple CRE asset classes
Track record of originated or supported loan closings
For senior titles: demonstrated production history, market presence, and ability to independently lead transactions

Responsibilities

Source and originate commercial mortgage loan opportunities suitable for CMBS execution across multiple property types
Initiate and maintain broker and borrower relationships to drive new business and repeat transactions
Evaluate loan opportunities for structural soundness, credit quality, and alignment with LMF lending parameters
Collaborate closely with underwriting, asset management, legal, and closing teams throughout the loan lifecycle
Participate in preliminary credit analysis, including review of rent rolls, operating statements, valuation, and sponsorship strength
Assist in negotiating primary business terms and facilitating due diligence
Manage internal and external stakeholders to support timely and efficient loan execution
Maintain market awareness of CRE and CMBS trends, pricing, and competitive dynamics
For senior-level roles: provide mentorship, deal leadership, and potential broker/client coverage oversight