Real Estate Analyst

Berkadia; Philadelphia (Philadelphia County); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Volunteer hours

Donation matching

Tuition reimbursement

Parental leave

Mental health care

Job summary

Berkadia in Philadelphia is seeking a Real Estate Analyst for its Rotational Analyst Program, a 12-month development track across Mortgage Banking, Underwriting, Closing and Construction Management. You will gain hands-on experience, rotate through key platforms, and work with senior mentors to shape a CRE career at Berkadia.

You will analyze complex commercial mortgage opportunities, assist in loan submissions, track progress through the loan cycle, and help market Berkadia's products to

Responsibilities

• Analyze complex commercial mortgage opportunities and assist in underwriting.
• Prepare borrower engagement materials and loan submissions for review.
• Support in marketing Berkadia's products and services to potential clients.
• Assist in HUD/FHA program rotations across Mortgage Banking, Underwriting, Closing, and Construction Management.

Job description

Be Part of the Next. Be Berkadia.

Berkadia is built on deep expertise, strong relationships, and a commitment to excellence across the commercial real estate industry. What sets us apart is our people. As a values-driven organization, we foster a culture where collaboration thrives, growth is encouraged, and employees are empowered to make an impact. Together, our people strengthen our business and help shape the future of Berkadia. Are you ready to be part of the next? Discover your next opportunity at Berkadia.

The Real Estate Analyst plays a crucial role in supporting branch originators by analyzing complex commercial mortgage deals, preparing detailed loan submissions, and facilitating the underwriting process. This position involves direct interaction with borrowers, conducting market research, and assisting in the marketing of our products and services to potential clients, ensuring a seamless and efficient loan process.

Berkadia’s Rotational Analyst Program

Are you looking for an opportunity to begin your career by learning from some of commercial real estate’s best and brightest? Berkadia’s Rotational Analyst Program takes a dynamic approach to analyst onboarding and development across two of Berkadia’s three most critical platforms – mortgage banking, investment sales and underwriting. Over 12 months, you’ll partner with seasoned professionals, senior leadership and reliable mentors as you prepare to make an impact on the CRE industry. Be the Next Big Thing. Be Berkadia. We are committed to growing your career!

• Mortgage Banking/Originations
• Underwriting
• Closing
• Construction Management

You’ll play a critical role in executing and supporting business for our multi-billion-dollar capital markets platforms. Along the way, you’ll receive mentorship and coaching from a program manager, rotation manager, and peer mentor.

HUD/FHA Program Rotations

While supporting Mortgage Banking, you will focus on reviewing and evaluating new loan opportunities and serve as a key point of contact for tracking the progress of those opportunities through the loan cycle. Example tasks in Mortgage Banking include: Participating in the Mortgage Banking origination team’s client meetings and client calls; Reviewing preliminary loan information and excel sizing transactions with the product originations team; Adding quotes to internal tracking (CRM) system; Preparing borrower engaged deals for handoff to the Underwriting Team. Assisting in crafting project narratives and presenting potential new projects to HUD field offices, Assisting Berkadia Mortgage Bankers in targeting potential new clients/projects. Learn and analyze various deal structures for Affordable Housing, Market Rate, Senior’s Housing, Low Income Housing and Historic Tax Credit Housing.

While supporting Underwriting, you will evaluate engaged loans, prepare HUD required exhibits, and assist in the closing and delivery of approved loans. Example tasks in Underwriting include: Supporting underwriters (including Deputy Chief Underwriters and Chief Underwriters) in executing business; Analyzing real estate transactions, which includes assisting in the collection and review of loan due diligence materials, the generation of underwriting pro forma cash flows, identifying and evaluating risks and mitigants associated with a proposed transaction, and preparing formal presentations for loan committee; Assisting in all aspects of deal processing from application through underwriting and closing to delivery of the loan to servicing and/or investor; Coordinating loan underwriting tasks performed by offshore resources as well as external third parties to ensure timely and accurate delivery of work product. Liaising with lender attorney to ensure legal complications are resolved.

While supporting Closing, you will evaluate loans for which a HUD commitment has been received and assist in the closing and delivery of approved loans. Example tasks in Closing include: Supporting Closers (including Team Leads and VP, FHA Closing) in all aspects of deal closing; Monitoring and tracking appropriate closing documentation requirements (tax, repair, insurance); Recording loan and closing information in the Company’s loan system of record; Preparing the closing file for delivery to the New Loan Boarding team, and the Investor or document custodian.

While supporting Construction Management, you will evaluate closed construction loans, assist with bringing the loans to final endorsement, and monitor the team’s portfolio. Example tasks in Construction Loan Servicing include: Supporting Loan On-Boarding: Attending Pre-Construction Call, Assisting with Loan Setup, Loan Document Review and Welcome Package; Conducting Construction Administration: Processing of Construction Draws, Change Orders, Permission to Occupy forms and additional Borrower Requests; Preparing for Final Endorsement: Reviewing of Cost Certification Audits, Attend Final Endorsement Meetings with Legal Counsel and Develop understanding of Conversion to Perm process; Portfolio Monitoring: Assist with key Monthly Reporting, Metrics and Meetings.

Upon completing the 12-month rotational period, you will partner with local and program leadership to identify permanent placement into one of the HUD groups as determined by career interest, performance, and office needs.

Sponsorship

Berkadia is not offering visa sponsorship for this position.

Benefits

• Monthly paid volunteer hours and donation matching to benefit our communities
• Employee Resource Groups that help you grow with us
• Fertility and family planning services
• Up to 12-weeks of fully paid parental leave
• Mental health care, including free counseling sessions
• We’ll help you fund your learning journey with generous tuition reimbursement
• Pet insurance discounts
• and more!

Company Culture and Equality

Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the full inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws. In keeping with our commitment, Berkadia takes the necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact [e-mail]. You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role, you are acknowledging Berkadia's Application Policy and Berkadia's Privacy Policy.

At Berkadia, our people are shaping the future of commercial real estate. With industry-leading investments in people and technology, we’re building a culture where amazing people (like you) can do their best work as they learn, grow, and succeed. We work hard because we love what we do, and we never sacrifice our values along the way. Whether your talents lie in mortgage banking, investment sales, loan servicing, marketing, operations, finance, human resources, management, innovation, or something different altogether, we invite you to explore a wide range of commercial real estate jobs and Be Part of the Next.