Asset Management - Vice President; Client Facing

SPRING
11 – an affiliate of Newmark providing a full suite of commercial real estate services to a wide range of clients including several of the world’s largest banks, debt and equity funds, REITs, life insurance companies, brokerages, and investors throughout the United States and Europe. Our team consists of over 600 employees based in New York, Atlanta, Houston, Boca Raton, Kansas City, and Chennai, India.

This role will be dedicated to the asset management team of a global investment bank overseeing a multi‑billion dollar portfolio of transitional real estate loans. We are currently seeking a Vice President to join our growing team to work on a diverse portfolio of transitional commercial loan assets, including ground‑up construction, spanning various property types and regions. The VP will provide asset management support and qualitative and quantitative loan underwriting for this portfolio.

Based out of the firm’s Overland Park, Kansas City / Atlanta, Georgia / or Boca Raton, Florida office.

• Provide commercial real estate analysis and debt underwriting across all markets and property types.
• Monitor each position’s performance relative to underwriting, budget, and covenants within loan documents.
• Coordinate with and/or manage various third‑parties including servicers, borrowers, lenders, and construction consultants, amongst others.
• Review and approve draw requests for renovation and ground‑up construction projects of varying sizes and scopes ranging from single‑use, secondary market transactions to high‑profile, trophy projects in major metros.
• Monitor performance of transitional/value‑add operating properties, including performing lease analysis, TI/LC and renovation draw reviews, and loan covenant testing.
• Complete quarterly asset updates for various assets.
• Update and/or create credit committee presentation memos for loan modifications.
• Work collaboratively to achieve department and firm objectives.
• Contribute to the oversight and mentorship of junior staff members to support an expanding Asset Management platform.

• Bachelor’s Degree in Real Estate, Economics, Finance or other related field required.
• Minimum of 8 years of experience in commercial real estate, including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting.
• Proficient in Microsoft Excel and PowerPoint; ARGUS experience preferred.
• Excellent verbal and written communication skills.
• Ability to make well‑reasoned, decisive recommendations to senior management.
• Ability to work in a fast‑paced and quickly changing environment.

The expected base salary for this position ranges from $125,000 to $175,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short‑ and long‑term incentives (e.g., deferred cash, equity, etc.).

Normal working conditions with the absence of disagreeable elements.

The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including sexual orientation and gender identity), national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.