Company Description
AST Defeasance and Rate Cap Advisors is a leading commercial real estate financial products consultant. Since opening in 2006, AST has rapidly grown to become the largest consultant on defeasance and derivative transactions, hired by thousands of the largest real estate owners in the country annually. Our sales team has closed more than 25,000 transactions totaling in excess of $100 billion. No other company can combine ingenuity, know-how and customer service like AST.
Job Description
Reporting to the CEO, the CAO has primary responsibility for the planning,
organizing, directing and coordinating the administrative functions of the company, including: Operations, Product Quality, Human Resources, Facilities and Information Technology. The CAO supports the CEO's strategic direction for the company. In conjunction with the executive team and the CEO, CAO oversees such aspects of the company as the company website, CRM, employee hiring and training, office location and updating, and product quality control and improvement.
Over time, the CAO will assume increasing responsibilities, including overseeing the financial and banking operations of AST.
Qualifications
- Experience in corporate administration and operations.
- Experience with hiring and sales training.
- Solid communication and interpersonal skills.
Additional Information
Compensation: $125,000 - $175,000 annual salary + bonuses
This is a full-time position that will require a 40 + hour work week.
What We Do
AST Defeasance is the first choice of commercial real estate borrowers and lenders looking for the highest quality and lowest cost defeasance consultants.
There are real differences between AST Defeasance and its competitors:
1) NO UPFRONT FEES. We don't get paid until the deal closes.
2) We offer the lowest cost defeasance services in the industry since we refuse to partner with individual broker-dealers. AST collects multiple bids from the largest investment banks on Wall Street.
3) We'll close your deal in 2 weeks guaranteed.
4) We have a 100% closing track record.
5) AST Defeasance assesses each commercial real estate deal individually, utilizing state-of-the-art techniques to lower defeasance costs, including Residual Sharing, Defeasing to the Open Window and Competitive Securities Pricing and Custom-Made Securities.
We know that defeasance is often the smallest part of our clients’ commercial real estate refinancings or sales. AST Defeasance manages the entire defeasance process from start to finish so you can focus on your closing.
