Grandbridge Real Estate Analyst

Regular

English (Required)

1st shift (United States of America)

Perform several functions within a loan production office or offices. Provide management of the real estate analyst functions, high level commercial real estate mortgage loan analysis and high level analytical consultative support to the loan production staff and customers.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Manage the commercial real estate analysis function in loan production office(s).
• Provide high level analytical support for a loan production office including the preparation of preliminary and final mortgage loan applications, submissions and documents. Assist in the underwriting, approval and closing of mortgage loan transactions.
• Responsible for training of loan production analysts.
• Assist corporate staff in managing the analyst functions in loan production office(s).
• Manage the workload and quality of work of mortgage loan analysts.
• Attend real estate industry trade functions, representing Grandbridge Real Estate Capital.
• Read periodicals and market surveys, advising corporate and loan production staff as to current trends in commercial real estate.
• Create and maintain real estate data files.
• Attend meetings with borrowers and lenders to develop relationships.
• Analyze complex real estate property and financial situations for producers, providing well-founded advice as to alternate courses of action.
• Ability to obtain, understand and analyze data needed to prepare mortgage loan submissions from property owners, borrowers, lenders and third-party sources. Included may be leases, sales contracts, income and expense statements, surveys, property income and expense statements, borrower financial statements, articles of incorporation, partnership agreements, deeds, easements, environmental reports, property condition reports, appraisals, title policies, deeds of trust, notes, mortgage loan commitments, lender checklists, lender loan program requirements, real estate market surveys, comparable sales, overall capitalization rates, vacancy rates, prime and t-bill rates.
• Ability to inspect properties, take digital and film photographs, make notes and maps as to the physical and economic conditions of the property, its immediate area, its neighborhood and its city.
• Ability to interview owners, tenants, third-party report providers, requesting and obtaining information from them as needed.
• Ability to analyze leases, historical income and expense characteristics to derive an estimate of Net Operating Income for a commercial real estate property. Included is the ability to analyze the Net Operating Income with respect to normal market income levels, stabilized vacancy rates, normalized expenses, lender’s specific requirements or lender’s appraisal standards.
• Ability to analyze the borrower’s legal structure and financial statements with regard to normal market parameters and the lender’s requirements.
• Ability to analyze the characteristics of the real estate with respect to industry norms and specific lender requirements.
• Ability to prepare preliminary and final mortgage loan submissions in concert with the originating producer using Microsoft Word and Excel.
• Understand specific lender requirements for submissions of loan package.
• Ability to order, track and analyze appraisals, environmental and engineering studies, credit reports, Dunn & Bradstreet reports, demographic reports and other third party reports needed for the mortgage loan submission and/or closing.
• Ab…