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MD, Debt Originations

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10017
Country
United States

This job is no longer active.

Description


Company Summary:

Nuveen Real Estate is one of the largest real estate investment managers in the world with $125 billion of assets under management. Managing a suite of funds and mandates, across both public and private investments, and spanning both debt and equity across diverse geographies and investment styles, we provide access to every aspect of real estate investing.

With over 80 years of real estate investing experience and more than 500 employees* located across over 20 cities throughout the United States, Europe and Asia Pacific, the platform offers unparalleled geographic reach, which is married with deep sector expertise.

Position Summary:

 

Nuveen Real Estate is seeking a Managing Director, Originations who will be responsible for sourcing and originating floating bridge loans on transitional/value-add and opportunistic assets. Ideally this hire will have a structured finance background including originating and/or structuring subordinate debt (mezzanine and B-notes) and experience with bank balance sheet lending (including construction lending). The role entails senior/subordinate executions (including experience originating and leveraging through selling senior positions), interacting with lenders during the bid/diligence/closing process for senior position sales, negotiation of loan documents  including senior/subordinate loan documents such as intercreditor and participation agreements, and maintaining regular contact with market participants, including brokers, owners, and developers.

 

This hire will be analytically strong with a solid commercial mortgage lending and finance background.  They must have a command of real estate financial analysis, including Argus cash flow modeling and an understanding of capital markets.  Additionally this person will be a solid critical thinker with impeccable communication skills.  They will originate loans primarily in a specified geographic region, but may also be asked to assist in transactions in other regions as deemed necessary.  This person should have existing relationships across the industry to leverage off of in order to be successful in this role. 


Key Responsibilities:

 

  • Provide analysis for new investments, including discounted cash flows, financial and credit analyses of properties, locations, markets, borrowers and other due diligence.
  • Manage business relationships with borrowers and other direct deal sources, including other market participants with whom Nuveen RE might participate in various “club-deal”, co-lending, and senior/subordinate structures.
  • Present transactions or holdings for review and approval to appropriate oversight committee.
  • Generate documentation including credit committee presentations, loan applications, commitments and other associated documents.
  • Actively lead the negotiation of transaction documentation for transactions.
  • Coordinate the investment process with Portfolio Management and monitor investments performance in order to makes portfolio recommendations.

 

Qualifications:

Required:

 

  • BA degree in Finance, Real Estate or Economics
  • Minimum of 10 years of experience in commercial mortgage lending or related experience
  • Experience analyzing, sourcing and originating a variety of fixed and floating rate debt investments throughout the capital stack as described herein

 

 

Preferred:

 

  • MBA or CFA
  • 12+ years of experience in commercial mortgage lending or related experience
  • Sufficient industry contacts among the borrower, brokerage, and lending community
  • Strong financials and quantitative and critical thinking skills
  • Strong written and verbal communication skills
  • Self-starter who is willing to work independently
  • Proficient in Argus, Excel and PowerPoint
  • Well organized and able to balance multiple and diverse priorities while delivering quality product

 

Equal Employment Opportunity is not just the law, it’s our commitment.

 
We are an Equal Opportunity/Affirmative Action Employer. We will consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

 

*©2019 Teachers Insurance and Annuity Association of America (TIAA), 730 Third Avenue, New York, NY 10017 C23921

 
 

Experience


10+ to 15 years


This job is no longer active.

Finance / Investment Retail New York Full Time NY Investment Management, Transaction, Underwriting Structured Products Associate other