UNDERWRITER / REAL ESTATE ACQUISITIONS ANALYST-MANHASSET, L.I.

COMMERCIAL REAL ESTATE UNDERWRITER

Superior Oppty at Real Estate Investment firm located in Manhasset, NY

 

First Sterling Financial, Inc., a prestigious Real Estate Investment firm with 25 year history and over 600 affordable housing investments nationwide, seeks an experienced COMEMRCIAL REAL ESTATE UNDERWRITER with a banking background  / formal credit training, to join our growing Acquisitions team! Position will include working along side Acquisitions officers, analysts, senior management and top real estate developers underwriting potential investments in afforable housing apartment complexes nationwide. Ideal candidate has superior organizational skills, analytical ability, experience with commercial real estate, acquisitions/underwriting background. MBA / modeling experience preferred. Knowledge of affordable housing programs a plus but not required.



Position Summary: Assist the Acquisitions Department by evaluating and underwriting new business proposals to ensure that each investment supports First Sterling's objectives, meets credit policy requirements and generates an adequate return. Assist in all aspects of real estate transactions including reviewing and summarizing all due diligence findings, interacting with third parties, and ensuring all documents are in order prior to closing each transaction.



Responsibilities: Prepare executive summaries on all proposed transactions; coordinate and review all third party due diligence reports; review financial models for accuracy; ensure database reflects terms of transactions; assist with investor due diligence efforts and ad hoc analyses, reports as required.

 

Qualifications:

2+ years experience in analyzing /underwriting multifamily loans

Credit training a major plus but not required

Ability to handle multiple projects simultaneously

Strong project management skills; aattention to detail

Experience with real estate finance; knowledge of affordable housing programs helpful but not required

BA/BS degree


Join our top team at growing firm and enhance your real estate career! For immediate consideration please email your resume to hr@firststerling.com or fax to 516-908-3524. Position includes competitive salary and benefits package and summer hours program.