What are the responsibilities and job description for the Loan Servicing and Asset Management position at Edgewood Capital Advisors?
Opportunity:
Edgewood Capital Advisors is seeking a candidate with 5 years of commercial real estate loan servicing experience to assist in the servicing and asset management of a portfolio of commercial mortgage loans.
Responsibilities:
- Prepare and disseminate monthly mortgage invoices.
- Contact municipalities to confirm real estate tax payments.
- Monitor borrower tax and insurance compliance.
- Analyze proposed property leases for adherence to underwriting and loan documentation.
- Maintain relationships with borrowers and borrower finance professionals to understand leasing, construction and payment status.
- Work with loan originators and the servicing department to monitor asset performance.
- Collaborate with team members on overall management of the portfolio and monthly reporting to senior management.
- Review, evaluate and process construction draw requests as a member of the servicing team.
- Assist in the management of firm-own properties
Qualifications:
- Bachelors Degree
- 5 years in commercial real estate finance, with a focus on servicing and asset management
- Strong communication skills
- Ability to work effectively in a collaborative, team environment
About Edgewood Capital Advisors:
Edgewood Capital Advisors, based in Southport, Connecticut, is a private equity firm focusing on the origination of bridge loans and the acquisition and financing of distressed real estate debt. Founded in 2002, the firm is currently investing its 5th discretionary fund and has approximately $350 million of assets under management.
Salary : $75,000 - $100,000