Senior CRE C-PACE Underwriting & Origination Lead

Jobtailor; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Nuveen Green Capital in New York, NY, seeks an experienced CRE underwriting professional to support C-PACE financing from origination through closing. You will prepare term sheets, assist with presentations, and explain the value of PACE in development project capital stacks.

You will leverage CoStar and other market research, identify underwriting risks, draft credit memos, coordinate with multiple teams, and help manage a robust project pipeline while delivering a positive client experience

Qualifications

• Minimum of 3+ years of commercial real estate construction underwriting experience.
• 5+ years of commercial real estate construction underwriting experience preferred
• University degree preferred
• Master's/MBA Related to CRE preferred
• Experience with financial structuring of commercial real estate construction/development projects preferred
• Demonstrated interest in sustainability and/or clean energy deployment preferred
• Ability to prepare term sheets and credit memos
• Experience leveraging third-party market research such as CoStar
• Ability to identify transaction risks and track exceptions to underwriting criteria
• Ability to complete loan files accurately and thoroughly
• Ability to manage complex commercial real estate project pipelines
• Ability to collaborate with originations, credit, legal, asset management, clients, and partners
• Ability to coach and review the work of lower-level professionals

Responsibilities

• Support loan origination, transaction management, underwriting, and project development for C-PACE financing
• Prepare term sheets for early-stage deals and assist with presentation materials
• Manage deal-structuring negotiations and explain PACE's value in development project capital stacks
• Use third-party market research, such as CoStar, to support underwriting assumptions
• Identify transaction risks and track exceptions to underwriting criteria
• Draft and present credit memos for credit approval
• Interface with the credit team to resolve underwriting concerns
• Complete loan files accurately and thoroughly
• Lead a diverse pipeline of C-PACE projects and prioritize impactful next steps
• Coordinate with originations, credit, legal, asset management, clients, and partners to meet milestones and closing
• Work with mortgage holders to obtain consent for C-PACE financing
• Support relationships with developers, brokers, mortgage lenders, and other industry stakeholders
• Prepare for client meetings and develop background materials and presentations
• Increase market awareness of Nuveen Green Capital
• Solve challenging problems and support a positive customer experience
• Coach and review lower-level professionals' work

Skills

Loan Origination

Underwriting

Credit Memo Drafting

Market Research Analysis

Project Pipeline Management

Financial Structuring

Term Sheet Preparation

Risk Identification

Client Communication

Education

University Degree

Master's/MBA Related to CRE

Tools

CoStar

Job description

Nuveen Green Capital in New York, NY, seeks an experienced CRE underwriting professional to support C-PACE financing from origination through closing. You will prepare term sheets, assist with presentations, and explain the value of PACE in development project capital stacks.

You will leverage CoStar and other market research, identify underwriting risks, draft credit memos, coordinate with multiple teams, and help manage a robust project pipeline while delivering a positive client experience