Direct Lending Analyst: Real Estate Underwriting

Rialto Capital Management LLC; Miami (FL); On-site; USD 55,000 - 75,000; Full time

Job summary

Rialto Capital Management LLC in Miami, FL is seeking an Analyst - Direct Lending to analyze property operating performance, review operating statements, rent rolls and leases, and underwrite potential loan opportunities across CMBS and real estate.

The role requires 0-2 years of real estate experience, a Bachelor's degree, and proficiency with Microsoft Office; you will prepare cash flow analyses, communicate with borrowers and brokers, and produce regular executive reports.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business or related field preferred.
• 0-2 years of prior real estate experience (2 years preferred), including underwriting and due diligence.
• Proficiency with Microsoft Office.
• Strong work ethic and attention to detail.
• Ability to manage time effectively while handling a variety of projects.
• Prior credit/real estate underwriting experience.
• Broad commercial real estate experience in multiple property types is a plus.
• The ideal candidate would have a strong understanding of loan documents or demonstrate the aptitude to quickly become familiar with loan documents.
• Strong written and verbal communication skills.

Responsibilities

• Analyze property operating performance through review of operating statements, rent rolls and leases.
• Evaluate and abstract loan documents.
• Communicate effectively with borrowers, legal counsel, property managers, other lenders, servicers, and Rialto departments.
• Negotiate complex transactions.
• Perform research on various real estate markets throughout the U.S. and communicate with brokers.
• Provide comprehensive analysis of loan collateral dynamics, value determination, and resolution alternatives.
• Prepare valuation and cash flow analysis on projected loan resolutions (DCF/IRR/NPV) for various strategies.
• Underwrite potential new investment opportunities in CMBS, equity recapitalizations, asset/portfolio acquisitions, and mezzanine/preferred equity.
• Prepare weekly, monthly, and quarterly reports for the executive team and outside parties.
• Underwrite performing loan requests for reserve disbursements, lease approvals, loan extensions and other requests per loan documents.

Skills

Verbal Communication

Written Communication

Finance Knowledge

Education

Bachelor’s Degree

Tools

Microsoft Office

Job description

Rialto Capital Management LLC in Miami, FL is seeking an Analyst - Direct Lending to analyze property operating performance, review operating statements, rent rolls and leases, and underwrite potential loan opportunities across CMBS and real estate.

The role requires 0-2 years of real estate experience, a Bachelor's degree, and proficiency with Microsoft Office; you will prepare cash flow analyses, communicate with borrowers and brokers, and produce regular executive reports.