Mesa West Real Estate Private Credit – Loan Originations, Associate

Job Overview

Associate – Commercial Real Estate Originations (Mesa West Capital, a subsidiary of Morgan Stanley Investment Management).

Location:

New York, NY. Start: 2026.

Base pay range: $125,000 – $160,000 per year. Additional compensation may include incentive earnings, discretionary bonuses, and other sponsor benefit programs.

• Source new financing opportunities and actively market the firm through participation in the real estate community.
• Review and screen commercial real estate financing opportunities.
• Create detailed financial analyses of commercial real estate financing opportunities using Excel and Argus.
• Coordinate transaction closing efforts.
• Review, approve, and research property, financial, market, and legal due diligence matters.
• Prepare internal investment memoranda.
• Participate in ongoing asset management and servicing of all investments and act as resource for Asset Management and Servicing personnel post‑closing.

• 2 to 5 years of experience in an analytic support role, which could include real estate, finance, banking, equity, or corporate finance.
• Strong academic background and undergraduate degree in business, finance, economics, management, or real estate. Real estate program or coursework is a plus.
• Strong analytical and quantitative approach to business and problem solving.
• Understanding of financial modeling, including discounted cash flows, IRR calculation, and scenario analysis.
• Real estate underwriting and valuation experience is a plus.
• Excellent Microsoft Excel skills with the ability to create models from scratch. Argus experience is a plus.
• Experience with or understanding of basic capital markets principles, including interest rate calculations and basic bond math.
• Strong written and verbal communication skills. Ability to articulate ideas and thoughts well both orally and in writing.
• Ability to work independently and in a team setting.
• Detail oriented, good organizational skills, and the ability to effectively multi‑task while maintaining high work product standards.
• Strong work ethic.

We are committed to maintaining the first‑class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values—putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back—guide our daily decisions. As an employee, you will work alongside the best and brightest in an empowering environment, with ample opportunities for growth, cross‑functional collaboration, and comprehensive benefits that rank among the industry’s most attractive.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital status, veteran or military service status, genetic information, or any other protected characteristic. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).