Fannie Mae Multifamily Senior REO Asset Manager

CWCapital; Irving (TX); On-site; USD 120,000 - 190,000; Full time

Job summary

CW Financial Services LLC is seeking an experienced asset management professional to lead the multifamily REO program, oversee property managers, and coordinate with Fannie Mae.

You will perform valuation analyses, develop operating plans, and present strategic recommendations to CW leadership, leveraging RealINSIGHT and market data to maximize asset value and ensure compliant disposition paths.

Qualifications

• Background in multifamily structured finance or commercial real estate.
• Minimum 10+ years of experience in multifamily asset management, special credits, or asset resolution.
• Strong analytical and valuation skills with a focus on commercial multifamily assets.
• Excellent written and verbal communication skills, including when dealing with new markets.
• Exceptional time management skills, with the ability to handle multiple projects and deadlines.

Responsibilities

• Perform site inspections of REO and Receivership assets across the US with oversight of property managers and asset positioning.
• Review third party reports including Broker Price Opinions, Appraisals, Phase I ESAs, and Property Condition Assessments.
• Create property operating plans with budgets and capex projections and coordinate with Fannie Mae.
• Perform asset valuation analysis using financial models, market data, and cash flow projections.
• Work with property managers to maximize asset value through tenant credit standards and collections.
• Interface with outside counsel to resolve property legal issues and during asset sales.
• Coordinate with CW's disposition team and Marketplace to recommend stabilization or liquidation options.
• Ensure compliance with internal policies and servicing agreements for REO assets.
• Present analyses and recommendations to CW leadership and Fannie Mae via written reports and CW software.

Skills

Asset management

Financial modeling

Valuation

Communication

Tools

RealINSIGHT

Job description

CW Financial Services LLC ("CW") is a premier and unique, full-service real-estate firm providing solutions to institutional clients across Commercial Real Estate Finance.

This position is part of a team that focuses on the management and resolution of multifamily Real Estate Owned ("REO") within CW's Fannie Mae REO Asset Management assignment. The position will office in Dallas, Texas (Las Colinas) or Washington, D.C.

Key Responsibilities:

• Perform site inspections of REO and Receivership assets across the US with a view toward property manager oversight, understanding of deferred maintenance, submarket conditions, asset positioning, and asset valuation.
• Review and evaluate third party reports, including Broker Price Opinions, Appraisals, Phase I Environmental Site Assessments, and Property Condition Assessments.
• Work with property managers to create property operating plans, including operating budgets and capital expenditure projections, providing these plans to Fannie Mae, and working with Fannie Mae to agree on conclusions.
• Perform asset valuation analysis using financial models, market data, and cash flow projections.
• Work with property managers to maximize asset value by ensuring strong tenant credit standards, collections, and accurate reporting.
• Interface with outside counsel to resolve property legal issues and during the asset sale process.
• Work with CW's disposition team and Marketplace platform to make recommendations as to asset stabilization paths or liquidation alternatives.
• Ensure compliance with internal policies and servicing agreements for assigned REO assets.
• Communicate analysis and recommendations clearly to CW leadership and Fannie Mae through written reports and direct interactions, including the use of CW's market-leading asset management software, RealINSIGHT.
• Present strategic recommendations and analytical findings to CW leadership and Fannie Mae to support business decisions and portfolio strategy.

Required Skills & Experience:

• Background in multifamily structured finance or commercial real estate.
• Minimum 10+ years of experience in multifamily asset management, special credits, or asset resolution.
• Strong analytical and valuation skills with a focus on commercial multifamily assets.
• Excellent written and verbal communication skills, including when dealing with new markets.
• Exceptional time management skills, with the ability to handle multiple projects and deadlines.