Manager, CPACE Transaction Management

Nuveen Green Capital (NGC) Overview

Nuveen Green Capital (NGC) is a rapidly growing company with the goal of changing how our country’s commercial real estate buildings produce and use energy. We finance commercial real estate new construction developments, substantial rehab projects, and retrofits of existing buildings with an innovative financing product called C-PACE (Commercial Property Assessed Clean Energy). Nuveen Green Capital is the nation’s leading provider of C-PACE financing.

C-PACE financing funds multi-million dollar energy, water, and resiliency measures within a commercial real estate project’s construction budget and is paired with traditional construction, bridge, and permanent financing to complete a project’s capital stack. C-PACE financing is attractively priced construction-to-permanent financing that is growing in popularity among real estate developers and property owners.

The Manager, Transaction Management is responsible for assisting in identifying investment opportunities via C-PACE lending secured by all real estate product types. Working with senior originations team members, the Manager, Transaction Management plays a critical role in all aspects of loan origination, transaction management, and underwriting. The role supports the analysis and execution for originating new C-PACE investments on behalf of Nuveen Green Capital investors.

Underwriting

• Preparing term sheets for early-stage deals and assisting with presentation materials when needed.
• Providing analytical support and loan underwriting to senior debt originations team members through building financial models, conducting financial and credit analysis of properties, reviewing markets, underwriting borrowers, writing internal investment memoranda, assisting in internal and external processes, and conducting other key diligence.
• Contributing to key documentation including credit committee memoranda, term sheets, and other associated documents.
• Performing ongoing market and property-specific research.

Transaction Management

• Leading a diverse pipeline of C-PACE projects of various complexity, triaging and prioritizing the most impactful next steps for the overall pipeline.
• Communicating internally with originations, credit, legal, and asset management teams and externally with clients and partners to keep the deal team on track for key milestones and closing.
• Supporting relationships with developers and third-party capital providers.
• Going above and beyond to ensure a positive customer experience, creatively solving challenging problems, and enthusiastically supporting Nuveen Green Capital’s mission to be the Lender of Choice for our clients and partners.

• University (Degree) Preferred

• 2+ Years Required; 3+ Years Preferred

• Physical Requirements:
  
  Sedentary Work

6IC

• Minimum of 2+ years of Commercial Real Estate (CRE) experience

• 3+ years of Commercial Real Estate (CRE) experience
• 1+ year of CRE underwriting experience
• Demonstrated interest in sustainability and/or clean energy deployment
• Commercial real estate construction/development projects experience

Accountability, Adaptability, Clean Energy Acumen, Collaboration, Commercial Mindset, Consultative Communication, Continuous Improvement Mindset, Executive Presence, Prioritizes Effectively, Stakeholder Engagement

Anticipated Posting End Date:  Base Pay Range: $79,800/yr - $125,000/yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of…