Deal Transaction Analyst - Real Estate Debt

Company: GLC Group
Location: Boca Raton
Posted on: June 24, 2022

Job Description:

Deal Transaction Analyst - Real Estate Debt:We are looking for a high energy analyst who will be instrumental in helping our client's Debt Team manage their loan closing, processing and asset management business as the debt/lending platform continues to expand. This position will report directly to the VP of Operations. This is a very exciting opportunity for someone who is an experienced closer and may have the interest and capabilities to expand their responsibilities into asset management. This is a unique opportunity that can be considered a "hybrid" as it will also morph into asset management as the loan is carried into the portfolio.QUALIFICATIONS:2+ Years of experience in Real Estate Lending or Real Estate InvestingBachelors Degree, Finance or Real Estate related fieldExcellent EXCEL skillsExperience in construction lending or loan administrationABLE to WORK In-Office 5 days per week RESPONSIBILITIES:

• Work with 3rd party loan servicers to ensure timely and appropriate distribution of incoming debt service payments to fund and credit facility lenders.
• Work with internal construction management team to process development/renovation loan draw requests.
• Monitor and maintain financial compliance with credit facility lenders.
• Participate in due diligence of underlying property historical.
• Analyze borrower/guarantor financial statements both during due diligence and periodically during the loan term.
• Assist in deal structuring with note on note/credit facility providers.
• Coordinate with borrower and internal legal/treasury teams to ensure that necessary bank accounts are established for each loan.
• Assist with loan closing/funding process (review settlement statements, coordinate transfer of funds, etc).
• Review financial statements of underlying properties and work with borrowers to resolve questions. Monitor compliance with all financial and reporting covenants/requirements.
• Perform valuation analysis for various potential deal types
• Provide analytical and asset management support on all properties within the debt platform.
• Coordinate and oversee all necessary third parties for real state transactions including environment, property condition, appraisal, lease audit, and legal documents.
• Communicate regularly with underlying borrowers and lending partners to ensure all loan terms are compliant.
• Analysis of investment real estate organizational documents, operating statements, rent rolls, mortgage notes, and other financial related exhibits.
• Maintain outstanding items checklist, review of exhibits submitted, and detailed organization of collect documents.
• Assist and support loan underwriting functions by analyzing various items such as financial statements, mortgage credit exhibits, appraisals, market studies, environmental reports, and occupancy histories.
• Assist underwriting functions from deal inception through deal closing.
• Prepare quarterly asset summary reports for the debt/lending platform portfolio.
• Actively management the debt platforms weekly pipeline report.
• Prepare and process Reserve Account draw requests in accordance with the loan documents
• Monitor borrower / property business plans and monthly / quarterly operating performance.
• Fully understand and able to interpret the covenants and conditions contained in the loan documents. Ensure compliance with all investment terms, conditions, tests, thresholds, and report submission to management.
• Assist in preparing loan committee memorandums, asset summary reports & presentations, portfolio and financial performance reports for senior management on fixed and ad-hoc basis
• Maintain overall statistics and financial performance analysis for the mortgage portfolio. Summarize and analyze reports for mortgage loans to include, but not limited to analyzing operating statements on properties, obtaining financial background on properties, annual reviews, and project variance reports.
• Perform various analyses related to financial performance to include cash flow projections, cash flow variance and breakeven analysis.

Keywords: GLC Group, Boca Raton , Deal Transaction Analyst - Real Estate Debt, Professions , Boca Raton, Florida