Job Description:

About Newmark (Nasdaq: NMRK)

Newmark Group, Inc., together with its subsidiaries (“Newmark”), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2019, Newmark generated revenues in excess of $2.2 billion. To learn more, visit nmrk.com or follow @newmark.

Newmark’s Multifamily Capital Markets team offers a fully integrated global investment sales and lending platform. From marketing the sale of single assets and portfolios to structuring complex debt solutions to providing life-of-loan servicing and asset management, we offer comprehensive services tailored to our clients’ unique needs. With over $37 billion in multifamily transaction volume annually, our Multifamily team works collaboratively with clients to craft and execute targeted strategies, effectively optimizing the capital structure, increasing efficiency and maximizing value. The Investment Sales team is recognized nationwide for its expertise, providing asset-specific customization that yields highly effective transaction strategies. Tapping into our proprietary database, each advisor has real-time access to unique market intelligence, driving demand and matching each client’s assets to a diverse group of investors, from private and institutional owners to global investors. Investment Sales advisors work closely with the Debt & Structured Finance team on loan origination, underwriting, closing, life-of-loan servicing and asset management. This experienced team provides clients with innovative and comprehensive solutions by accessing a full suite of debt products, including Fannie Mae, Freddie Mac, FHA, Bridge, Life Company, Bank and CMBS products.

Job Description:

We are seeking a Production Analyst with 0-3 years of commercial real estate experience to join a growing Debt and Structured Finance team in Philadelphia.  The analyst will be responsible for supporting the team in all aspects of sourcing, structuring and closing multifamily and commercial real estate loans.  

Day-to-day responsibilities include providing financial, underwriting and market analysis to assist in the evaluation and processing of transactions.   The analyst will command the details of various lending programs, including Freddie Mac and Fannie Mae.   They will have extensive contact with clients, including property owners and lenders both locally and nationally. 

This is an excellent position to learn the commercial real estate business with continued mentorship from senior team members, with the shared goal of advancement within the team over time. 

Essential Job Duties:

• Work closely with team to develop and pursue new relationships, and to provide exceptional service to existing clients of the firm. 


• Analyze and interpret property-level financial statements including rent rolls, operating statements and budgets.


• Conduct market analysis and research to support and determine feasibility of transactions.  This includes utilizing resources such as CoStar and REIS.


• Prepare detailed loan proposals and loan submissions packages for internal and external lending sources.


• Assist with all aspects of the loan closing process.  This includes collecting and organizing due diligence, working with third party vendors (appraisal, engineering, environmental), site inspections, interacting with counsel, learning legal documents, and coordinating with all parties to ensure timelines are met.  


• Learn and command the details various internal and external loan programs, including Freddie Mac and Fannie Mae. 


• Develop and maintain strong relationships with underwriting, closing and asset management departments. 

 

Skills, Education and Experience:

• BS / Master’s degree in Accounting, Finance, Economics, Real Estate or other related fields


• Ability to collaborate in a team environment.


• Strong communication skills, both written and verbal.    


• Customer service focused.


• Ability to problem-solve and exercise independent judgement while displaying a high degree of initiative and accuracy.


• Ability to organize and prioritize projects to complete multiple tasks on schedule.


• Proficient in Microsoft Office suite of applications, specifically excel.


• Strong work ethic and pro-active team player able to work effectively under sometimes stressful conditions


• Able to travel 10-20%

 

Benefits and Perks:

• Industry leading Parental Leave Policy (up to 16 weeks)


• Generous healthcare


• Bright Horizons back-up care program


• Generous paid time off


• Education reimbursement


• Referral Program


• Opportunities to network and connect

 

Benefits/perks listed may vary depending on the nature of your employment with Newmark and the job location.

 

Working Conditions: Normal working conditions with the absence of disagreeable elements

 

Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

 

Newmark is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

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