Fannie Mae Multifamily Senior REO Asset Manager

CWCapital•Dallas, TX

8d•Onsite

About The Position

CW Financial Services LLC is a full-service real-estate firm serving institutional clients across commercial real estate finance. This position is part of a team managing and resolving multifamily real estate owned (REO) assets under CW’s Fannie Mae REO Asset Management assignment. The role is based in either Las Colinas, Dallas, Texas, or Washington, D.C. It oversees assigned REO assets, evaluates their condition and value, develops operating and capital plans with property managers, and makes recommendations on stabilization or liquidation. The position also communicates analyses and recommendations to CW leadership and Fannie Mae, including through CW’s RealINSIGHT asset management software.

Requirements

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

Responsibilities

Perform site inspections of REO and receivership assets across the United States to assess property manager oversight, deferred maintenance, submarket conditions, asset positioning, and valuation.
Review and evaluate third-party reports, including Broker Price Opinions, appraisals, Phase I Environmental Site Assessments, and Property Condition Assessments.
Develop property operating plans with property managers, including operating budgets and capital expenditure projections; submit plans to Fannie Mae and work with Fannie Mae to agree on conclusions.
Perform asset valuation analysis using financial models, market data, and cash flow projections.
Work with property managers to maximize asset value by promoting strong tenant credit standards, collections, and accurate reporting.
Interface with outside counsel to resolve property legal issues and support the asset sale process.
Work with CW’s disposition team and Marketplace platform to recommend asset stabilization paths or liquidation alternatives.
Ensure compliance with internal policies and servicing agreements for assigned REO assets.
Communicate analyses and recommendations to CW leadership and Fannie Mae through written reports and direct interactions, including use of RealINSIGHT asset management software.
Present strategic recommendations and analytical findings to CW leadership and Fannie Mae to support business decisions and portfolio strategy.