Commercial Real Estate Originator
Max Benjamin Partners (MBP) is seeking a talented and highly motivated individual who has experience originating debt and equity for commercial real estate assets or is interested in breaking into commercial real estate finance.
The associate position originates and executes CRE Loans and equity placement as part of the MBP Capital Markets team, helping manage the firm's extensive pipeline. The candidate selected for this position would operate out of our office in Beverly Hills, Ca. The right candidate must be capable of managing the financing process from start to finish. Responsibilities for any transaction include outreach, origination, underwriting, application processing, and closing.
The individual selected for this position will be expected to work in a fast-paced environment under minimal supervision amongst a close-knit team of ten loan originators that finance more than $500,000,000 of commercial mortgage loans each year. Experience working with title/escrow, real estate law, and underwriting are all added benefits.
The ideal candidate will be an effective problem-solver in addition to possessing analytical and interpersonal communications skills. Additionally, strong organizational skills are a must as you will likely be responsible for more than five transactions in a given month while also being expected to perform unforeseen duties and assignments as needed.
If you're looking for aggressive growth with a company that will help you reach your true potential, this is the job for you. Join our fast-growing, sales-driven team and help us change the face of the commercial real estate industry. You will be exposed to all aspects of the commercial real estate financing process and will be given the opportunity to develop fundamental commercial real estate skills.
Responsibilities:
- Perform quick analyses and underwriting of commercial real estate transactions
- Day-to-day communication with borrowers, lenders, attorneys, title and escrow officers, and report writers on any closing items, changes, and due dates
- Develop and maintain detailed checklists and timelines for each transaction file
- Review loan applications
- Coordinate loan requirements with third-party vendors, attorneys, and escrow companies
- Obtain zoning letters and certificates of occupancy
- Gather and submit lender closing items and documentation
- Compile invoices and wiring instructions for payment by escrow
- Coordination of loan documents and signing
- Post-closing - gather loan documentation and submit closing files to servicing department and the borrower
- Maintain and update pipeline of loans in process in the company tracking system
- Execute transactions with no oversight, from start to finish
- Take responsibility for regular follow-up, client relationship maintenance, as well as identification of new client prospects
- Perform other related business duties assigned by a supervisor
Required Education:
Bachelor's Degree from a four-year college or university, preferably in Business Administration, Real Estate Development, or Finance
Qualifications:
A strong basis in MS Excel and MS
2+ years in Real estate capital markets, banking, or other related functions
Escrow or title experience is a plus
Commercial real estate experience a plus
Strong analytical and critical thinking skills, ability to synthesize large amounts of information, analyze risk, and identify mitigating factors
Ability to function as part of a flat organization, manage several projects at once and work effectively as an individual and as part of multiple teams
Excellent oral and written communication skills with the ability to express ideas in a persuasive, organized, and articulate manner
Ability to follow up independently and play the role of project manager
Ability to manage several projects at once
Must-Have the ambition to learn, grow & succeed
Sound conversational, interpersonal & social skills
Confident, self-assured & works well under pressure
Target-driven & focused on delivering results towards your long-term goals
Maintain a high level of confidentiality and exercise independent judgment and analysis.
Salary
*Base + Commission for Experienced Candidates
About Max Benjamin Partners
Max Benjamin Partners is a boutique real estate advisory firm in Beverly Hills specializing in innovative capital solutions for real estate developers and investors. Our vast network of international and domestic capital providers, our creative and comprehensive approach to the capital stack, and our willingness to go above and beyond for our clients allow us to deliver the most competitive financing options on the market. Since inception, we have successfully been involved in 2 billion of debt and equity placements over more than 150 transactions. MBP is an employ-centric firm dedicated to empowering our originators. We offer the highest commissions in the industry, and every hire can become a partner at our firm with a 100% commission split structure.