Cobalt Recruitment Hiring for Asset Manager, Multifamily (Mezz Debt & Pref Equity) Job at Remote Full Time

Manager, Asset Management – Multifamily New Construction

NY / Fully Remote

c$145,000 Base + Bonus + Benefits

Our client is a nationally recognized, market-leading owner of Multifamily assets throughout the US. With exceptional access to capital and a growing portfolio they’re looking to recruit a talented Manager, Asset Management anywhere in the US to manage a portfolio of mezzanine loans and preferred equity positions for Multifamily new construction projects.

The role

In this role you will:

• Manage a significant portfolio of Class A/B Multifamily new construction loans throughout the US.
• Review disbursement requests, monitor draw procedures and manage flow of funds.
• Develop, refine and execute a strategy that ensures the portfolio operates at optimum levels.
• Attend construction meetings and provide financial analysis of each project monitoring income, budgets, cash flow and other property related items.
• Work closely with finance, property management and acquisitions teams to ensure the portfolio is able to grow in line with fund targets.

The person

In order to be considered for this role you should be able to demonstrate:

• At least 5 years’ experience in a recognized Multifamily Asset Management or Loan Servicing role.
• Strong familiarity with new construction lending, Mezz Loans and Pref Equity a distinct advantage.
• Strong reporting, excel, and Argus skills (YARDI a distinct advantage).
• A Bachelors’ degree in Real Estate, Business, Finance or associated field.
• The ability to work remotely and to travel as needed throughout the US.

Compensation

c$140,000 Base + Bonus + First class benefits

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