CRE Asset Manager — Transitional Loans & Value-Add Portfolio

RRA Capital | CRE Bridge Lender; Phoenix (AZ); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

401(k) with employer match

Unlimited PTO

Job summary

RRA Capital is seeking an Associate with 3-5 years of commercial real estate experience to actively manage a portfolio of transitional and value-add loans in Phoenix. This role requires strong real estate and credit judgment across post-closing activities and borrower requests.

You will review borrower reporting, monitor performance against underwriting, maintain asset-level models, and work with cross-functional teams to support workouts, valuations, and market analysis.

Qualifications

• 3–5 years of commercial real estate experience, preferably debt asset management or underwriting.
• Experience underwriting or managing performing CRE loans; bridge or transitional loan exposure is a plus.
• Familiarity with loan documents and lender protections; strong credit judgment.

Responsibilities

• Manage a portfolio of CRE loans, review borrower reporting, and monitor performance vs. business plans.
• Maintain asset-level models and valuations and identify emerging risks.
• Review loan documents, monitor covenants, reserves, and maturities; support extensions and modifications.
• Evaluate borrower requests and draws; manage sponsor relationships and reporting to senior management.
• Collaborate with underwriting, originations, capital markets, loan servicing, finance, and legal teams.
• Support workouts, foreclosure analysis, property inspections, and market research.

Skills

Credit analysis

Financial modeling

Excel proficiency

Underwriting

Portfolio management

Real estate markets

Tools

Microsoft Excel

Job description

RRA Capital is seeking an Associate with 3-5 years of commercial real estate experience to actively manage a portfolio of transitional and value-add loans in Phoenix. This role requires strong real estate and credit judgment across post-closing activities and borrower requests.

You will review borrower reporting, monitor performance against underwriting, maintain asset-level models, and work with cross-functional teams to support workouts, valuations, and market analysis.