Essex Financial Group – Real Estate Analyst Job Description
Essex Financial Group ("Essex") is the largest
independently-owned commercial mortgage banking firm in Colorado. Essex specializes in commercial real estate
debt and equity placement. For over 30 years, Essex has helped its
clients navigate the capital markets efficiently to identify the best capital
source and structure to meet their financing needs and objectives.
As a loan correspondent for 25 life insurance companies, including several on an exclusive basis, Essex is able to access non-recourse, low-interest rate capital that nobody else can provide. While founded as a life insurance company correspondent, Essex has also cultivated long-term relationships with a wide variety of capital sources over the past three decades, including CMBS conduit lenders, debt and equity funds, national and regional banks, government agencies, credit tenant lease financiers, and other private capital sources. The depth of Essex’s lender menu allows us to deliver clients with custom-tailored financing solutions for each investment strategy.
From our office in downtown Denver, Essex also services a 700 loan portfolio that totals over $3.5 billion of secured capital. We provide full cashiering services for 30 life insurance companies and select CMBS conduit lenders, allowing us to provide full, hands-on customer service through the life of a loan. Our loan servicing includes collecting monthly payments, monitoring taxes and insurance, conducting annual inspections and financial reviews, completing lease approvals and loan modifications, and administering leasing capital reserves.
Job Description:
The
Real Estate Analyst position assists with the analysis, marketing, and
placement of commercial real estate loans.
The analyst plays an integral role in shepherding loans through the
underwriting, marketing, and closing phases of the loan production continuum. The analyst will gain insight into
structuring real estate debt investments and will be exposed to a wide spectrum
of capital sources.
The primary functions include, but are not limited to:
- Underwriting income-producing properties using Excel
and ARGUS.
- Analyzing commercial mortgage requests to determine
value, risk, and feasibility.
- Researching commercial real estate markets inside
and outside of Colorado.
- Creating debt request packages.
- Assisting with the loan marketing and loan
commitment processes.
- Preparing lender-specific loan applications for
Essex clients.
Knowledge, Skills and Abilities:
- General understanding of commercial real estate
underwriting, valuation, and analysis.
- Strong oral, written, and interpersonal
communication skills.
- Analytical-minded with creative thinking and
problem-solving skills to underwrite challenging deals, prepare loan
requests, and think through problems on the go.
- Ability to multi-task and adapt to changing
inter-office situations.
- Ability to develop professional relationships
with lenders, real estate brokers, and borrowers.
- In-depth knowledge of Excel.
- In-depth knowledge of Colorado’s real estate
markets.
Education & Experience:
This
position requires a Bachelor’s degree with undergraduate coursework in
business, finance, and real estate finance.
Previous finance or mortgage loan experience is required.
Please forward cover letters and resumes to Cooper Williams at cwilliams@essexfg.com.