Senior Asset Manager (BTR) – Miami
Qualifications:
· A strong knowledge of real estate markets with a particular emphasis on Single Family Rental and/or Build to Rent properties.
· Construction asset mgmt experience could also qualify well
· Bachelor's degree (Finance or Accounting preferred)
· Ideally seeking 4+ years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets and Asset Management
Responsibilities include:
· Prepare quarterly reports, valuations and risk ratings.
· Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc.
· Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk.
· Perform quarterly property level valuations in order to value the asset.
· Conduct market research to determine various factors impacting property level performance.
· Oversee borrower implementation of business plan(s) associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions.
· Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions.
· Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
· Monitor capital improvement projects to ensure timely completion within budgets.
· Additional loan servicing and reporting as needed.