- Originate, underwrite, package, and appraise real estate and prepare investment proposals, with particular emphasis on multi-family business.
- Knowledge of investment standards, criteria, and program requirements, including money availability of institutional investors.
- Understands the closing and servicing function of the correspondent system.
- Key relationships will be established with real estate owners/borrowers, investors, lenders, brokers, bankers, contractors, and other real estate groups. Additionally, interactions with attorneys, environmental specialists, surveyors, and title companies are crucial.
- Education: A four-year college degree, preferably with a major in real estate finance or business. An MBA degree is desirable.
- Work Experience: A minimum of five years of experience as a CRE mortgage banker or equivalent.
- Strong verbal and written communication skills, with an ability to articulate thoughts effectively.
- Proven problem-solving skills, successfully originating real estate investment transactions aligning with the needs of both the property owner and the investor.
- Ability to fully analyze all aspects of an investment from both the property owner's and investor's perspectives.
- Expertise in negotiation with personal connections to major local real estate owners and investors.
- Knowledge of multi-family loans and familiarity with Agency business (Fannie Mae and Freddie Mac) is a plus.
- Active Memberships in local and national industry organizations.
- Willingness to engage in frequent local travel with occasional out-of-state travel.
California Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum starting salary for the Debt + Equity Producer position is $68,640.00 annually [$33.00 per hour] plus bonus and full benefits offered. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.
Skills Required
- Four-year college degree
- Major in real estate finance or business
- MBA degree
- Minimum of five years experience as a commercial real estate (CRE) mortgage banker or equivalent
- Current valid real estate license in the state of work (or obtain within 120 days)
- Proven ability to originate real estate investment transactions
- Strong verbal and written communication skills
- Ability to analyze investments from owner and investor perspectives
- Expert negotiation skills and established relationships with local real estate owners and investors
- Knowledge of multi-family loans and familiarity with Agency (Fannie Mae/Freddie Mac) business
- Active memberships in local and national real estate industry organizations
- Willingness to undertake frequent local travel and occasional out-of-state travel
What We Do
For nearly 60 years, Northmarq has provided debt, equity, and loan servicing to commercial real estate owners and investors through our offices across the U.S. Our investment sales platform offers acquisition and disposition services for multifamily assets in select markets. Find our local market experts at www.northmarq.com/offices. We offer clients the ideal combination of a strong national company capable of attracting a wide range of capital sources, a personalized approach to buying and selling multifamily properties, exceptional knowledge of local markets, and a robust loan servicing operation to manage the life of every loan. With decades of expertise built on strong relationships, employees find that Northmarq is a challenging yet supportive workplace where they are able to advance their career aspirations and future. Discover what it's like to work here: https://youtu.be/jhAKDGQF8eY
