Commercial Real Estate Associate

We are looking for a Commercial Real Estate Associate to join our team.  We guarantee a fast-paced and challenging environment where the successful candidate will grow and continue learning the ins and outs of commercial real estate finance. You will become part of a group of Associates with the ultimate responsibility of managing the full cycle underwriting process and growing multiple client relationships.

Responsibilities:

• Underwriting commercial real estate transactions and preparing market analysis reports.
• Perform complicated financial modeling and spreadsheet analysis in Excel.
• Review and analyze legal documents and third party reports as part of the due diligence process.
• Review historical CMBS transactions and update market assumptions.
• Create and maintain financial models in Argus.
• Manage multiple client and vendor relationships including communicating via email, phone and at on site meetings.
• Position is currently based in Midtown Manhattan, but may be based on site at clients located in the Metro area.
• Travel required, as needed (< 10%).
• Additional responsibilities, as needed.

Skills:

• Experience working with Excel VBA, Bloomberg Financial Research Portal, and other CRE software and technologies including, but not limited to, REIS, Argus and CoStar.
• Excellent quantitative, organizational, interpersonal, writing and communication skills.
• Self-motivated, team-oriented and strong time management skills.
• Strong research, analytical and problem solving skills.

Education & Experience:

• Bachelor’s degree in Economics, Finance, Business Administration or Accounting
• At least 2 years of experience in a financial analysis role or related position and/or including at least 1 year of experience in the commercial real estate industry in a research or analytics role.
• Knowledge of the commercial loan underwriting process and ability to create underwriting models.
• Familiarity and/or experience with credit rating agency methodologies.

EEO/M/F/V

Townhouse is an equal opportunity employer. We do not discriminate on the basis of race, creed, skin color, gender, age, non-disqualifying physical or mental disability, national origin, sexual preference or any other factor prohibited by law and our code of ethics.