Description
The Company
Broadshore Capital Partners is a nationwide real estate investment management firm with a 30-year history. Headquartered in Los Angeles and formerly known as Lowe Enterprises Investors, Broadshore manages approximately $2 billion in assets with a number of institutional clients including prominent pension funds, sovereign wealth funds, insurers, endowments, and high net worth individuals.
Broadshore makes debt and equity investments in multiple asset classes throughout the U.S including multifamily, hospitality, and commercial properties. Broadshores credit strategy includes the origination and acquisition of senior and subordinate commercial real estate loans secured by various asset classes including multi-family, office, lodging, industrial, and retail.
The Position
Broadshore seeks to hire an Associate or Senior Analyst to help lead the loan administration and servicing of Broadshores credit investments. The position affords exposure to multiple facets of the investment process and meaningful work across multiple geographies and all major property types.
Key Responsibilities
Responsibilities include, but are not limited to, the following:
Ensure borrower compliance with the requirements of loans including receipt of required reporting, obtaining necessary approvals, delivery of budgets, satisfaction of debt covenants, and similar matters.
Review and analyze borrower financial reporting.
Communicate with borrowers, guarantors, and sponsors.
Work with third-party loan servicer(s), leasing agents, property managers and other third-party providers.
Review funding requests including monthly cash management and construction draws and oversee the processing of applications and disbursements.
Monitor operating and/or construction progress and proactively address issues or changes to approved business plan/strategy.
Prepare monthly, quarterly, and annual reporting to internal and external parties and update internal valuations and hold/sell analyses.
Coordinate and review third party appraisals.
Ensure compliance with escrow and reserve requirements and re-forecast required reserves.
Review and approve annual operating and capital improvement budgets.
Review lease approval requests.
Assist senior asset managers on loan modifications, workouts, restructurings and resolutions.
Assist the loan origination and acquisition teams with aspects of the underwriting process.
Candidate Profile
Minimum of 3 years experience in a real estate finance capacity with a preference for loan servicing and administration exposure.
Bachelors degree required.
Experience in financial modeling and analysis.
Strategic thinker, coupled with the ability to dive into the details.
Strong financial acumen; technically and quantitatively adept.
Ability to serve internal and external constituents in a fast-paced and nimble environment.
An entrepreneurial mindset with the motivation to play a critical role in the growth of a platform, within an established organization.
Demonstrate a collaborative approach to building a business.
Superior interpersonal, communication, and team-building skills appropriate both for project settings and for interaction with senior staff.
Proactive and self-motivated. Strong work ethic, integrity and commitment to meet deadlines and complete projects with minimal supervision are essential candidate attributes.
Exceptional capability in managing multiple projects and deadlines simultaneously.
High level of engagement and ability to put in the hard work necessary to be a part of building a business within a business.
Effective written and oral communication skills with a direct and open communication style.
Exceptional capability in Microsoft Excel, Word, and Power Point. ARGUS experience a plus.
The inclination to seek and analyze data from a variety of sources to support decisions and to align others with the organization's overall strategy.
The ability to set clear and challenging goals while committing the organization to improved performance; tenacious and accountable in driving results.
Comfortable with ambiguity and uncertainty; ability to adapt nimbly and be led through complex situations.
The ability to act in a transparent and consistent manner while always considering what is best for the organization.
The ability to persevere in the face of challenges and exhibit a steadfast resolve and relentless commitment to higher standards, which commands respect from others.
An entrepreneurial and creative approach to developing new, innovative ideas that will stretch the organization and push the boundaries within the industry.
Naturally connect and build strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively.
An ability to inspire trust through compelling influence, powerful charisma, passion in his/her beliefs, and active drive.
Encourage others to share the spotlight and visibly celebrate and support the success of the team.
Compensation
Broadshore is prepared to pay a market competitive and performance driven compensation package.
Location Vaccination Requirements
The primary location for this position is Los Angeles, CA or New York, NY with hybrid work environment.
Covid - 19 vaccinations required for this position.
Any offer of employment will be contingent upon the candidates affirmation of being Full Vaccinated prior to commencing employment in the new role. New hires will have five business days from their start date to provide proof of vaccination through our Vaccination Status Confirmation Form. “Fully Vaccinated” means that at least two weeks have elapsed since you received the recommended number of doses of any COVID-19 vaccine that is currently fully approved, or authorized for emergency use, by the Food and Drug Administration or that have been listed for emergency use by the World Health Organization.
If an applicant is unable to be vaccinated due to a medical condition or a sincerely held religious belief, practice or observance, Guardian may provide reasonable accommodations. This policy may not apply to any Guardian colleagues working in a local jurisdiction (state, county, or city) that implements a law prohibiting a private employer from requiring vaccination, unless there is an applicable vaccine mandate from the federal government that would supersede the vaccination laws of the local jurisdiction. Guardian, in its sole discretion, may modify or terminate this requirement at any time.
Travel
25% Travel required for this position
This job is no longer active.