Underwriter, CRE Acquisitions & Capital Markets

Blackbird Recruiting; New York (NY); Hybrid; USD 80,000 - 100,000; Full time

Benefits offered by this job

Per deal bonuses

Job summary

Blackbird Recruiting is seeking an Acquisitions & Capital Markets Associate (Underwriter) in Brooklyn, NY. The hybrid role involves underwriting off-market multifamily and mixed-use opportunities and turning analysis into lender-ready packages.

Responsibilities include building Excel models (pro formas, DSCR, debt yield), creating offering memorandums, and coordinating due diligence to drive closings. 1–4 years CRE experience and strong communication are preferred.

Qualifications

• 1–4 years of experience in commercial real estate brokerage, acquisitions, lending, or underwriting.
• Strong understanding of NYC multifamily real estate.
• Advanced Excel and financial modeling skills.
• Ability to analyze financial information and identify key risks and opportunities.
• Strong written communication skills with the ability to turn complex financial information into clear, concise investment and lender materials.
• Highly organized, detail-oriented, and able to manage multiple transactions and deadlines.
• Fast paced, proactive approach with strong follow through.

Responsibilities

• Underwrite off market multifamily and mixed use investment opportunities.
• Analyze property financials, rent rolls, operating statements, and market data.
• Build and maintain Excel models including pro formas, DSCR, debt yield, refinancing scenarios, and sensitivity analyses.
• Prepare professional lender packages and offering memorandums, including executive summaries, sponsor overviews, market analysis, financials, sources & uses, and exit strategies.
• Screen new opportunities and assist with deal evaluation and LOIs.
• Coordinate due diligence and work with borrowers, lenders, brokers, and other parties throughout the transaction.
• Follow up with lenders and help drive transactions through closing.
• Clearly communicate financial analysis and deal structure to internal and external stakeholders.

Skills

Deal underwriting

Financial analysis

Communication

Organization

Tools

Excel

Job description

Blackbird Recruiting is seeking an Acquisitions & Capital Markets Associate (Underwriter) in Brooklyn, NY. The hybrid role involves underwriting off-market multifamily and mixed-use opportunities and turning analysis into lender-ready packages.

Responsibilities include building Excel models (pro formas, DSCR, debt yield), creating offering memorandums, and coordinating due diligence to drive closings. 1–4 years CRE experience and strong communication are preferred.