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Loan Originator

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90001
Country
United States

This job is no longer active.

Description


OVERVIEW Basis is seeking to hire an experienced loan originator to join its Multifamily lending platform in Washington, Oregon and Texas Offices. Basis is a New York based Agency lender and is also a multi-strategy CRE investment platform that directly originates and securitizes senior mortgages, invests in subordinate debt including mezzanine loans, B-Notes and preferred equity, and opportunistically buys CMBS tranches including B-Pieces, performing and distressed whole loans. Please visit our website () for more information about Basis. JOB SCOPE & RESPONSIBILITIES: Originate loans with Multifamily focus ($1 to $100 million) Cross market and source fixed rate conduit loans, floating rate loans, mezzanine loans, and preferred equity investments Prepare initial deal review summaries and preliminary loan analysis Generate quote sheets and loan applications Work with other members of the Basis team to underwrite, close and securitize loans Perform other duties as assigned JOB SKILLS & KNOWLEDGE: Strong network of broker, borrower and industry contacts with emphasis on agency lending programs Proven track record of deals closed in Multifamily transactions Recent experience originating loans for Freddie Mac SBL and conventional execution Bank balance sheet for Multifamily lending and Fannie Mae experience a plus 10+ years of experience in the real estate finance industry BA/BS degree in finance, economics, real estate, or related discipline preferred. Proficiency in Microsoft Office Suite, with a focus on Excel and Word Knowledge of Bloomberg, Reis, and CoStar a plus Exceptional organizational skills and ability to multi-task Strong valuation, analytical and problem-solving skills Exceptional interpersonal, communication and presentation skills Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as independently Extensive travel required

This job is no longer active.

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