15 Associate Producer - Commercial Real Estate Jobs in Austin, TX
SORT BY
A
M
5
N
K
R
M
M
S
S
B
G
G
S
W
Associate Producer - Commercial Real Estate
$80k-124k (estimate)
Full Time
0 Months Ago
NorthMarq Capital is Hiring an Associate Producer - Commercial Real Estate Near Austin, TX
Associate Producer (Debt/Equity) - Commercial Real Estate Finance
**Now Hiring for Northmarq’s Austin, TX office.
**Now Hiring for Northmarq’s Austin, TX office.
NORTHMARQ - WHERE THE BEST COME TO THRIVE
Northmarq is entering a new era, and a landmark career opportunity is waiting for you! At Northmarq we are committed to developing Emerging Leaders and launching careers into full-time production professionals. Be a part of Northmarq’s rapid growth and learn how to become a best-in-class originator. We and our clients are growing fast because we’re providing something rare and valuable: easy access to the industry’s best talent, an agile and collaborative style, and vast resources to execute flawless deals for our clients and partners. The Associate's program was created to give you the resources to thrive! Northmarq was voted by Real Estate Forum as one of The Best Places To Work In Commercial Real Estate!
Northmarq is entering a new era, and a landmark career opportunity is waiting for you! At Northmarq we are committed to developing Emerging Leaders and launching careers into full-time production professionals. Be a part of Northmarq’s rapid growth and learn how to become a best-in-class originator. We and our clients are growing fast because we’re providing something rare and valuable: easy access to the industry’s best talent, an agile and collaborative style, and vast resources to execute flawless deals for our clients and partners. The Associate's program was created to give you the resources to thrive! Northmarq was voted by Real Estate Forum as one of The Best Places To Work In Commercial Real Estate!
The Associate program is best suited for someone who has knowledge in the commercial real estate industry and has a desire to rapidly move into a production role within 2 - 3 years or sooner with demonstrated proficiency. As such, the position will involve mentorship and training that will afford the individual the opportunity to work directly with Producers who are leaders in their markets.
- Questions about the position, please contact Maria Sather in Human Resources with Northmarq.
Initial Position Responsibilities:
- Organization – During the first year, this person will be responsible for providing support to Production Staff through underwriting, due diligence, servicing, closing and various support functions, while also learning from the mentor some techniques for marketing and sales activity.
- Execution and Direction - Preliminary and Final Investment Reports:
- Prepare preliminary and final investment reports using in compliance with company guidelines and investor requirements. These reports include narrative analysis of the borrower, property, location and market.
- Complete property financial analysis and underwriting, developing a final valuation estimate
- Coordinate due diligence, property inspections, and review building plans, calculate building sizes, order and analyze credit reports and other pertinent underwriting criteria.
- Lease briefs – Prepares summary analysis of leases for use in investment reports.
- Comparable data – Gather site, neighborhood, and city data from sources both inside and outside the regional office. Customize data and comparables to suit the proposal.
- Photography/graphics – Access or provide aerial and or on-site photographs, maps, graphics and other exhibit material.
- Market Research – Prepare market research including absorption surveys and occupancy studies. Also prepare special reports as required including demographic analysis, economic studies, and metropolitan industry analysis.
- Closing – Provide closing coordination, follow up on all due diligence with regard to closing, including acting as liaison with the servicing department.
- Servicing – For existing loans, perform regional office servicing functions including annual inspections, investor portfolio analysis, lease reviews, and regional office servicing duties through local market knowledge which is essential in providing quality work.
- Client Service – Responsible for providing investors and borrowers with prompt quality service in a friendly and professional manner.
- Sales – Over the course of the first year or beginning of the second year in the program, the associate will be expected to show the ability to generate leads, network, and negotiate real estate transactions. There will be the opportunity for this person to perform the Production role as opportunity presents itself, with the timetable for transition fully to Producer determined by success.
Position Responsibilities during Transitional Period:
- Aggressively market to new and/or under-marketed clients, with a goal of generating new business.
- Draft a detailed Business Plan to be reviewed and approved by Mentor. Include as a minimum, details on relationship building and learning the business, working with Mentor.
- Become expert in the markets and sub-markets of the locale, including getting to know leasing and investment sales brokers, title insurance employees, property managers and others who can contribute to general market knowledge and marketing success.
- Learn about the investors represented by Northmarq in the market. Get to know the lender representatives and develop a working knowledge of their processes, investment targets, underwriting standards and pricing considerations.
- Learn about deal structure, including the complexities of both debt and equity structures, in order to access a broad range of clients with a diverse set of requirements.
- Establish priorities for personal success and that of the Mentor, along with defined production goals and areas of focus, as you transition to independence.
What we are looking for:
- Minimum Two years’ experience in Commercial Real Estate Finance
- Four-year college degree required.
- Demonstrated analytical skills and fundamental understanding of real estate valuation and loan underwriting
- Excellent oral and written communication skills
- In-depth expert knowledge of Microsoft Office Suite (Excel, etc.). Knowledge of ARGUS and Salesforce a plus.
- Strong organizational skills with the ability to multi-task while under pressure.
- Ability to work independently with minimal supervision; needs to be resourceful.
- Strong work ethic, team player and willingness to work extended hours when necessary
- Demonstrated ability to handle multiple projects and assignments; able to prioritize and meet deadlines
- Ability to problem-solve, either independently or by quickly calling on the right resources.
- Required Professional Certifications or Licenses: Currently Holds or willing to obtain a mortgage banking, salesperson or broker’s license as required by state law with in 90 days of hire.
Job Summary
JOB TYPE
Full Time
SALARY
$80k-124k (estimate)
POST DATE
04/24/2023
EXPIRATION DATE
05/23/2024
WEBSITE
marqrc.com
SIZE
<25
Show more
Similar Jobs
Popular Articles
Top 10 Things to Avoid Putting on a Job Application
Read Article
How to Describe Your Education in a Resume
Read Article
How to Write a Memorable Cover Letter in 5 Ways
Read Article
4 Personal Finance Tips to Make During Job Transition
Read Article
4 Best Camera Setups for Interview
Read Article
Keeping a Job Search Journal: 9 Types of Journaling You Can Do
Read Article
