Asset Manager

NewPoint Real Estate Capital LLC; Plano (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

NewPoint Real Estate Capital LLC in Plano, TX is seeking an Asset Manager to join our Agency Asset Management team. This role manages a portfolio of Fannie Mae and Freddie Mac multifamily loans, ensures compliance with agency guidelines, mitigates risk, and optimizes asset performance throughout the loan lifecycle.

You will serve as primary contact for borrowers, monitor property performance, manage covenant compliance and post-closing activities, and collaborate with internal teams to maintain

Qualifications

• Bachelor’s degree in Finance, Real Estate, Business or related field; advanced degree or certifications preferred.
• Minimum 5 years of experience in commercial/multifamily asset management or loan servicing.
• Strong knowledge of Fannie Mae and Freddie Mac multifamily programs.
• MBA and Agency inspection certification a plus.
• Proficiency in financial modeling and risk analysis.
• Excellent communication and organizational skills.

Responsibilities

• Serve as the primary point of contact for borrowers on assigned loans.
• Monitor property performance, physical condition and financial health; identify and address risk indicators specific to physical and economic occupancy trends, property expenses, net operating income, debt service coverage, loan to value, and other relevant performance metrics.
• Manage covenant compliance, borrower requests, and post-closing activities.
• Conduct surveillance and risk assessments for watchlist or special credit loans, including travel to conduct site assessments for properties located nationwide.
• Evaluate, underwrite and make recommendations for borrower credit transactions including loan assumptions, transfers of borrower interest, easements, property management change requests, and releases of collateral.
• Ensure adherence to Fannie Mae and Freddie Mac servicing guidelines.
• Make recommendations regarding monetary and performance/covenant defaults.
• Maintain a working knowledge of relevant local and regional market conditions to understand possible impacts to the collateral, with strong knowledge of resource tools such as CoStar, Real Capital Analytics (RCA) and Moody’s/REIS.
• Collaborate with internal teams and external stakeholders to resolve issues and maintain portfolio health.

Skills

Financial modeling

Risk analysis

Communication

Organization

Real estate finance

Education

Bachelor’s degree in Finance, Real Estate, Business

MBA

Tools

CoStar

Real Capital Analytics (RCA)

Moody’s/REIS

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Asset Manager

Full Time Professional Plano, TX, US

Job Description

We are seeking an Asset Manager to join our Agency Asset Management team. This role is responsible for managing a portfolio of Fannie Mae and Freddie Mac multifamily loans, ensuring compliance with agency guidelines and documents, mitigating risk, and optimizing asset performance throughout the loan lifecycle.

Duties and responsibilities

• Serve as the primary point of contact for borrowers on assigned loans.
• Monitor property performance, physical condition and financial health; identify and address risk indicators specific to physical and economic occupancy trends, property expenses, net operating income, debt service coverage, loan to value, and other relevant performance metrics.
• Manage covenant compliance, borrower requests, and post-closing activities.
• Conduct surveillance and risk assessments for watchlist or special credit loans, including travel to conduct site assessments for properties located nationwide.
• Evaluate, underwrite and make recommendations for borrower credit transactions including loan assumptions, transfers of borrower interest, easements, property management change requests, and releases of collateral.
• Ensure adherence to Fannie Mae and Freddie Mac servicing guidelines.
• Make recommendations regarding monetary and performance/covenant defaults.
• Maintain a working knowledge of relevant local and regional market conditions to understand possible impacts to the collateral, with strong knowledge of resource tools such as CoStar, Real Capital Analytics (RCA) and Moody’s/REIS.
• Collaborate with internal teams and external stakeholders to resolve issues and maintain portfolio health.

Qualifications

• Bachelor’s degree in Finance, Real Estate, Business or related field; advanced degree or certifications preferred.
• Minimum 5 years of experience in commercial/multifamily asset management or loan servicing.
• Strong knowledge of Fannie Mae and Freddie Mac multifamily programs.
• MBA and Agency inspection certification a plus.
• Proficiency in financial modeling and risk analysis.
• Excellent communication and organizational skills.