What are the responsibilities and job description for the Asset Management Multifamily Associate position at CWCapital?
CW Financial Services LLC ("CW") is a premier and unique, full-service real-estate firm providing solutions to institutional clients in the areas of Commercial Real Estate Finance. CW is recognized industry wide for providing the most sophisticated capital markets structuring techniques.
As a Multifamily Associate, you will be responsible for working on the resolution of non-performing multifamily loans and REO assets, including conventional multifamily, affordable housing, student housing, and senior housing/assisted living. Additionally, you will perform credit analyses on pools of commercial mortgage-backed securities weighted heavily toward agency debt.
Duties/Responsibilities:
- Excel modeling of cash flows and valuations for properties across the multifamily space, with the opportunity to work on commercial and hospitality assets, depending on market conditions.
- Asset valuation through market research, including comparable property and industry analysis, utilizing broker relationships, third-party tools, independent investigation, and an understanding of commercial real estate capital markets.
- Completing on-site property inspections and management interviews across the United States.
- Overseeing third-party property managers, construction managers, and leasing agents.
- Resolving defaulted mortgages and REO properties through the review of broker opinions of value, offering materials, appraisals, and other data sources, presenting conclusions to CWCAM's credit committee.
- Ensuring that CWCAM's portfolio of loans and REO follows regulatory requirements and internal policies & procedures.
- Presenting opinions and conclusions to CWCAM's client base through regular written and direct interactions
Required Skills/Abilities:
- Highly developed analytical skills, including the ability to work in complex spreadsheets and return models.
- Strong, accurate, and persuasive writing skills.
- Clearly and concisely articulate complex processes to key stakeholders.
- The ability to effectively deliver presentations, even in unfamiliar markets.
- Exceptionally strong time management skills, the ability to thrive in a fast-paced environment, and the ability to manage multiple concurrent projects with competing deadlines.
- Exceptional verbal and written communication skills
- A collaborative team player who contributes positively to group goals while maintaining a self-starter mindset.
Education and Experience:
- Professional experience in structured finance or multifamily operations.
- 3-7 years of professional experience in commercial real estate finance or commercial banking with a clear understanding of the CRE valuation fundamentals.
The base salary for this role is expected to be between $100,000 - $120,000.
The base salary range for this role is provided in accordance with local regulations, but salary represents just one component of the total compensation package. Additional elements such as bonuses, overtime, deferred cash (where applicable), benefits, perks, and company contributions to 401(k) plans-often result in total compensation significantly exceeding the base salary. Compensation is influenced by individual performance, tenure, experience, geographic location, business unit needs, company performance, and market conditions.
CW Financial Services LLC, along with its subsidiaries and affiliates, is an equal opportunity employer. We consider all qualified applicants regardless of race, religion, color, sex, age, national origin, citizenship, disability, genetic information, veteran status, marital status, sexual orientation, gender identity, or any other status protected by applicable law.
Salary : $100,000 - $120,000
