CRE Debt Associate

LHH Recruitment Solutions; New York (NY); On-site; USD 120,000 - 175,000; Full time

Benefits offered by this job

Performance-based bonus

Direct access to senior leadership

Job summary

LHH Recruitment Solutions is assisting a growing NYC commercial real estate lender to recruit a Debt Underwriter who will underwrite bridge loans and work directly with senior leadership in a fast-paced, hands-on environment.

You will build cash flow models, analyze rent rolls and sponsor financials, and help structure loans from sizing to key terms. This role offers high deal velocity and a clear growth path in a lean platform.

Qualifications

• 2+ years of CRE underwriting, lending, debt, or investment experience in bridge, balance sheet, CMBS, or debt fund background is a plus.
• Strong Excel and financial modeling skills; Argus experience is a plus.
• Solid grasp of CRE valuation, loan structuring, and risk analysis.

Responsibilities

• Underwrite bridge loans across multifamily, mixed-use, office, retail, industrial, and transitional assets.
• Build and maintain detailed cash flow models evaluating property performance, business plans, and exit strategies.
• Analyze rent rolls, operating statements, market data, and sponsor financials to assess risk and value.
• Prepare investment memos and present recommendations directly to senior leadership and credit committee.
• Help structure loans, including sizing, pricing, reserves, and key terms.
• Coordinate third-party reports (appraisals, environmental, property condition) and support deals through closing.
• Monitor existing loans, tracking business plan execution and portfolio performance.

Skills

CRE underwriting

Debt financing

Financial modeling

Argus

Valuation

Education

Bachelor's in Finance

Tools

Excel

Argus

Job description

Want to be at the center of the deals shaping New York's real estate market? LHH is partnering with a growing, well-capitalized commercial real estate bridge lender in NYC to find a sharp, driven Debt Underwriter ready to make a real impact.

This isn't a seat where your work disappears into a massive credit committee. Our client runs a lean, entrepreneurial platform where underwriters work directly alongside senior leadership, see deals from first look through closing, and help shape the decisions that move capital. If you love fast-paced transactions, creative structuring, and learning from seasoned lenders, this is your opportunity.

What You'll Do

• Underwrite bridge loans across multifamily, mixed-use, office, retail, industrial, and transitional assets
• Build and maintain detailed cash flow models evaluating property performance, business plans, and exit strategies
• Analyze rent rolls, operating statements, market data, and sponsor financials to assess risk and value
• Prepare investment memos and present recommendations directly to senior leadership and credit committee
• Help structure loans, including sizing, pricing, reserves, and key terms
• Coordinate third-party reports (appraisals, environmental, property condition) and support deals through closing
• Monitor existing loans, tracking business plan execution and portfolio performance

What You Bring

• 2+ years of CRE underwriting, lending, debt, or investment experience (bridge, balance sheet, CMBS, or debt fund background is a plus)
• Strong Excel and financial modeling skills; Argus experience is a plus
• A solid grasp of CRE valuation, loan structuring, and risk analysis
• Clear, confident writing and communication skills
• The drive to thrive in a fast-moving, hands-on environment
• Bachelor's degree in Finance, Real Estate, Accounting, Economics, or a related field

Why This Role Stands Out

• High deal velocity and exposure to a wide range of asset types and business plans
• Direct access to senior decision-makers and a real voice in the investment process
• A clear path for growth in an expanding lending platform
• Competitive base salary plus performance-based bonus

Compensation:

$120,0000 – $175,000 base salary, plus discretionary bonus and benefits