Senior Underwriter, C-PACE & Commercial Real Estate

PACE Equity

Milwaukee (WI)

On-site

USD 95,000 - 135,000

Full time

35 hours ago
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Benefits offered by this job

Medical/dental/vision insurance
Health Spending Account
Life Insurance
401K matching
Paid time off
Free parking

Job summary

PACE Equity in Milwaukee seeks a Senior Underwriter to drive underwriting and execution of C-PACE financings from intake through closing. The role offers exposure to commercial real estate finance, construction lending, and sustainable capital across multifamily, hospitality, office, retail, industrial, and seniors housing assets.

The ideal candidate has 4–6 years in underwriting, lending, investment banking, or valuation; prior C-PACE is preferred but not required. Reports to the VP of Credit.

Qualifications

  • Bachelor's degree in finance, real estate, accounting, economics, or related field.
  • 4–6 years of CRE underwriting, lending, investment banking, or valuation.
  • Advanced Excel skills and macro-enabled underwriting models.

Responsibilities

  • Build and maintain underwriting models for C-PACE transactions across asset classes.
  • Develop stabilized pro formas, sources and uses, and capital stack analysis.
  • Evaluate credit metrics: PACE-to-value, LTV/LTC, DSCR, debt yield.
  • Review appraisals, rent rolls, T-12s, budgets, CoStar and STR reports.

Skills

Advanced Excel
CRE fundamentals
Underwriting models
Credit metrics
Strong writing

Education

Bachelor's degree in finance/real estate/accounting/economics

Tools

CoStar
STR
NIC MAP
Argus

Job description

PACE Equity in Milwaukee seeks a Senior Underwriter to drive underwriting and execution of C-PACE financings from intake through closing. The role offers exposure to commercial real estate finance, construction lending, and sustainable capital across multifamily, hospitality, office, retail, industrial, and seniors housing assets.

The ideal candidate has 4–6 years in underwriting, lending, investment banking, or valuation; prior C-PACE is preferred but not required. Reports to the VP of Credit.

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