Fannie Mae Multifamily Senior REO Asset Manager

CWCapital•Irving, TX

6d•Onsite

About The Position

CW Financial Services LLC is a full-service real-estate firm providing solutions to institutional clients across commercial real estate finance. This position is part of a team responsible for managing and resolving multifamily real estate-owned (REO) assets within CW's Fannie Mae REO Asset Management assignment. The role is based in either Las Colinas, Dallas, Texas, or Washington, D.C. The Senior REO Asset Manager oversees REO and receivership assets, evaluates property and market conditions, develops operating and capital plans with property managers, and performs asset valuation analysis. The role also supports asset stabilization or liquidation decisions, resolves legal and compliance matters, and communicates analyses and strategic recommendations to CW leadership and Fannie Mae. The position uses CW's RealINSIGHT asset management software.

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 focused on commercial multifamily assets.
Excellent written and verbal communication skills, including when dealing with new markets.
Exceptional time management skills and ability to handle 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 asset valuation.
Review and evaluate third-party reports, including Broker Price Opinions, appraisals, Phase I Environmental Site Assessments, and Property Condition Assessments.
Work with property managers to create property operating plans, including operating budgets and capital expenditure projections; provide 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 through 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, using RealINSIGHT asset management software.
Present strategic recommendations and analytical findings to CW leadership and Fannie Mae to support business decisions and portfolio strategy.