Fannie Mae Multifamily Senior Asset Manager

CWCapital•Irving, TX

4d•Onsite

About The Position

Fannie Mae Multifamily Senior Asset Manager CW Financial Services LLC ("CW") is a premier and unique, full-service real-estate firm providing solutions to institutional clients across Commercial Real Estate Finance. This position is part of a team that focuses on resolving non-performing multifamily loans in CW's Fannie Mae Loss Mitigation assignment. CW's role is to assess collateral properties both for physical condition and valuation, liaise with DUS lenders, enforce the exercise of remedies on defaulted loans, or otherwise restore loans to performing status.

Requirements

Background in multifamily structured finance or commercial real estate.
Minimum 10+ years of experience in multifamily asset management, special credits, or asset resolution.
Strong analytical and valuation skills with a focus on commercial multifamily assets.
Excellent written and verbal communication skills, including when dealing with new markets.
Exceptional time management skills, with the ability to handle multiple projects and deadlines.

Nice To Haves

Strong preference for Dallas-based candidate working out of CW's Irving (Las Colinas) office.

Responsibilities

Perform site inspections of collateral assets across the US with a view to understanding deferred maintenance, borrower/manager competence, property operations, and market conditions.
Review and evaluate third party reports, including Broker Price Opinions, Appraisals, and Property Condition Assessments.
Negotiate with borrowers to compel loan reinstatement, the remediation of deferred maintenance, and the resolution of other defaults.
Work with outside counsel to obtain court-appointed receivers over collateral properties, including providing testimony as to property condition and loan default status.
Work with court-appointed receivers to oversee third-party property managers, construction managers, and leasing agents.
Make recommendations as to asset stabilization paths or liquidation alternatives.
Ensure compliance with internal policies and agency requirements for assigned loans.
Communicate analysis and conclusions to Fannie Mae and CW leadership through written reports and direct interactions, including the use of CW's market-leading asset management software, RealINSIGHT.