Relationship Manager, Construction Lending

Ascent Developer Solutions•Los Angeles, CA

1d•$140,000 - $175,000•Hybrid

About The Position

Ascent Developer Solutions is a private lending platform serving real estate developers nationwide with financing for the acquisition, renovation, and construction of residential real estate. The Relationship Manager, Construction Lending serves as the primary relationship owner for an assigned portfolio of existing borrowers, building long-term partnerships that support client satisfaction, repeat business, and increased use of Ascent’s lending platform. The role analyzes and structures bridge, renovation, and construction loan opportunities across multifamily, single-family, homebuilder, build-to-rent, and manufactured housing projects. It assesses project and borrower feasibility, pricing, profitability, and risks; supports internal and external loan approvals; leads first-time borrower approval processes; and manages portfolio matters through ongoing communication and coordination with borrowers and internal teams. The position is based at Ascent’s Encino office onsite Monday through Thursday, with Fridays worked from home.

Requirements

At least 5 years of experience in commercial real estate lending, including SFR, multi-residential, and homebuilder bridge, renovation, and construction loans.
Demonstrated experience analyzing and structuring commercial loan transactions, including reviewing borrower financial statements, project budgets, proformas, capital stacks, organizational structures, appraisals, and other underwriting documentation.
Excellent communication and relationship-building skills, with a demonstrated ability to manage relationships with sophisticated borrowers and cross-functional internal stakeholders while providing exceptional client service.
Excellent verbal, written, and presentation skills, including the ability to communicate effectively with borrowers and internal leadership.
Bachelor’s degree or equivalent professional experience required.
Proficiency in Microsoft Excel, MS Office, CRM platforms, and other business applications.
Highly organized, analytical, and self-motivated, with the ability to manage multiple priorities in a fast-paced, collaborative, deadline-oriented environment.

Nice To Haves

California Real Estate License, or the ability to obtain one.

Responsibilities

Own and cultivate relationships with an assigned portfolio of existing borrowers, supporting client satisfaction, repeat business, and increased wallet share across Ascent’s lending platform.
Analyze and structure multifamily, single-family, homebuilder, build-to-rent, and manufactured housing bridge, renovation, and construction loan opportunities.
Review project budgets and proformas, create DSCR and other models as needed, determine pricing, and run profitability and revenue models.
Assess project feasibility and identify and communicate mitigants for credit, construction, and execution risks.
Write conditions and covenants as part of loan structures.
Evaluate borrower financial statements, organizational structures, capital stacks, equity partners, track records, SREOs, and operational capabilities to assess borrower qualifications and ability to execute projects.
Conduct initial reviews of appraisal reports to assess collateral value, identify valuation concerns or inconsistencies, and confirm support for proposed loan structures.
Collaborate with Loan Officers to prepare and present loan opportunities to internal and external approval authorities.
Lead first-time borrower approval processes, manage borrower expectations, coordinate internal teams, and support execution from initial borrower needs lists through closing.
Review, prepare, and package borrower approval documentation before submitting it to the Lending Team and Credit for review and approval.
Maintain a strong understanding of the loan pipeline and collaborate across departments to resolve issues and improve execution and speed to closing.
Manage assigned borrower loan portfolios by monitoring covenant compliance and partnering with internal departments on exposure limits, interest reserves, post-closing conditions, annual renewals, and servicing activities.
Clearly communicate outcomes, expectations, and next steps to borrowers and support timely issue resolution and ongoing portfolio performance.
Perform other duties as assigned by Sales or Credit leadership.