Underwriter - Seniors Housing

Are you looking for an opportunity to define your future in the commercial real estate industry based on your own unique skills and experience?

Whether your talents lie in marketing, operations, finance, human resources, management, or something different altogether, you’ll find flexibility and a sense of belonging at Berkadia. We’re committed to a culture that strives for excellence – a place where your contributions are valued, you are empowered to create positive impact, and you can grow your career. Be Your Best Self. Be Berkadia. 

The Underwriter - Seniors Housing for the Proprietary Lending Program (PLG) is responsible for analyzing and underwriting complex commercial real estate loan applications across seniors housing asset types. The primary duty is to assess whether the transaction and potential borrower present an acceptable level of risk.

We Innovate to shape the future of CRE, so in this role you will:

• Analyze and review borrower credit information, third-party reports, and property financial and physical data to assess deal viability.
• Conduct site inspections to evaluate the market competitiveness of proposed collateral and determine the economic feasibility of projected income streams.
• Prepare underwriting narratives and independent cash flow value estimates for large, complex transactions, including seniors bridge and construction loans.
• Present recommendations and key documentation (term sheets, applications, commitments, credit memos, etc.) to the appropriate approval committee.
• Maintain consistent communication with the company's mortgage banking network and manage borrower clients through the approval and closing process.
• Collaborate with loan officers, loan closers, and legal counsel to facilitate loan requests through approval and closing.
• Participate in customer meetings and conference calls.
• Cross-train on the company's various products and exit strategies to enhance the ability to underwrite diverse deal types.
• Other duties as assigned.

Work Location

This position is a fully Remote role with occasional travel required (up to 2-3x monthly).

We are passionate about your growth, so to achieve success in this role you should have: 

• In-depth knowledge of commercial real estate underwriting, including cash flow forecasting and pricing metrics.
• 5+ years of seniors housing underwriting experience.
• Ability to thrive in a fast-paced environment and efficiently manage assignments to meet deadlines.
• Strong oral and written communication skills.
• Proficiency in the MS Office Suite.

We believe People Matter, so we offer benefits that go beyond:

• Monthly paid volunteer hours and donation matching to benefit our communities 
• Employee Resource Groups that help you grow with us
• Fertility and family planning services  
• Up to 12-weeks of fully paid parental leave   
• Mental health care, including free counseling sessions:  
• We'll help you fund your learning journey with generous tuition reimbursement 
• Pet insurance discounts 
• And more! 

Be Your Best Self. Be Berkadia. 

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