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Analyst / Associate

Salary
$125,000-$149,999
Employment
Full Time
Work Place
Office
Real Estate Field
Location
New York
 NY
Postal Code
10023
Country
United States

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Description


Company Background

Mack Real Estate Group, LLC (MREG) is an institutional real estate investment firm with roots in several Mack family real estate businesses, dating back to the 1960s. Today, MREG’s equity, credit and property management businesses employ nearly 300 people, with 5 offices across the US including New York, Seattle, Phoenix, Miami and Raleigh. MREG’s equity business specializes in the acquisition, development and management of multifamily and industrial properties located in gateway and high-growth markets. Its recently created portfolio, excluding legacy Mack family assets, represents approximately 9,000 multifamily units and 6 million square feet of industrial space, including development and pre-development pipeline. The firm’s affiliated credit business, Mack Real Estate Credit Strategies, L.P. (MRECS), has originated or co-originated more than $20 billion of loans since 2015 across multiple lending strategies. An MRECS affiliate manages one of the largest publicly traded commercial mortgage REITs, Claros Mortgage Trust, Inc. (NYSE: CMTG).

Summary

Work alongside experienced loan originations and asset management staff that specialize in structuring complex transactions across all real estate classes throughout North America and Europe.

Responsibilities will include supporting team members on the origination, underwriting, structuring, negotiating, closing and asset management of structured credit transactions, including supporting syndication of real estate debt investments including but not limited to senior, mezzanine and preferred equity positions efforts of whole loan positions.

Essential Functions

- Reviewing and presenting investment opportunities
- Analyzing submarket and specific asset-class trends
- Creating and analyzing financial models to underwrite potential loan originations
- Developing and negotiating deal structures to mitigate risk
- Market and site tours as part of underwriting and asset management process
- Preparing and maintaining weekly pipeline materials
- Writing internal investment committee memos, and completing all related analysis and scenarios
- Reviewing and approving draw requests on construction / development loans
- Monitoring loan compliance, business plan milestones, and asset performance across a portfolio of seasoned loans
- Cultivating and developing relationships with borrowers, brokers and attorneys to help close and asset manage transactions

Qualifications

- 2-5 years of relevant experience
- Must have a high level of proficiency with financial modeling and real estate valuation
- Proficient in Microsoft Office (Word, Excel, and PowerPoint) and Argus Software
- A positive attitude and strong work ethic
- Extremely detail-oriented and resourceful
- Exceptional organizational skills and ability to multi-task
- Proven ability to manage multiple projects and work well under time /other constraints
- Pride of ownership in end work product
- Superior verbal and written communication skills
- Exceptional analytical and problem-solving skills
- Ability to work well in a team environment, as well as independently

Travel

Travel as needed to cover markets, meet with clients or otherwise help the firm achieve its business development or investment activities.

Required Education

Bachelor’s degree required.

Compensation 

Mack Real Estate Group considers multiple factors to determine compensation, including a candidate’s level of education, training, qualifications, and experience. This position offers a base salary range of approximately $120,000 to $150,000 depending on the preceding factors and whether an applicant meets the requirements for an analyst- or associate-level position. In addition, this position is eligible for a discretionary bonus and to participate in various benefit plans, including medical, dental, vision, life, disability insurance, and 401K matching, in each case in accordance with the terms of the applicable plans.

Equal Employment Opportunity Statement

MREG evaluates qualified applicants without regard to race, color, age, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. To that end, we welcome applicants from all backgrounds.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. This person should be nimble and be able to adjust to a dynamic investment environment.
 
 

Experience


2+ to 5 years


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