Associate - Bridge Sales Desk

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $13 billion in loan originations in 2023. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. A highly philanthropic company, Greystone donates more than half of its profits to charity each year.

At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering, cultivating, and preserving a culture of inclusion through recruiting and career development practices, creating equity companywide, and exemplifying belonging. Diversity, Equity, and Inclusion is at the heart of our culture of caring, integrity and excellence, and is a driving force behind our entrepreneurial spirit and creativity.  

We are seeking an Associate for our Multifamily Bridge Sales Desk in our New York City office.  This position provides analytical, organizational, and strategic support to the team that analyzes, sizes, quotes and issues applications for MF bridge and mezzanine loans.  The bridge lending platform has current assets in excess of $4 billion, which are underwritten with a view towards refinancing with a Greystone FHA, Fannie Mae, Freddie Mac or CMBS loan.  

Primary Duties and Responsibilities:

• Complete and review analysis of proposed transactions by analyzing and assessing factors such as market dynamics, financial performance, loan economics, physical conditions, sponsor creditworthiness, and exit considerations.
• Identify potential risks and challenges associated with a transaction and provide ideas for solutions and risk mitigants
• Independently drive deal screening and due diligence tasks in preparing loan models, quotes, and transaction summaries
• Track and report on timing and stages of each transaction
• Regular communication with internal and external clients related to current loan pipeline and activity
• Interact effectively with investors, borrowers, attorneys and other third parties as applicable
• Ability to work independently on projects and also collaborate as a team player
• Handle or proactively cover special projects and other duties as needed or assigned
• Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
• Interact positively with team members, colleagues, and senior executives

Experience, Skills, and Abilities Required: 

• Bachelor’s degree in Accounting, Finance, or related field
• 3-5 years of commercial real estate finance related experience
• Advanced MS Office with expert Excel skills required
• Multifamily analytic/underwriting experience required
• Limited travel may be required
• Excellent verbal and written communications skills
• Highly organized and capable of prioritizing and executing multiple assignments at the same time
• Detail oriented and works well under pressure and tight deadlines
• Combines a customer-focused origination mentality with strong credit underwriting skills
• Driven, innovative team-player who is focused on results and strives to deliver a superior work product

At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO employer. 

Greystone offers a competitive base salary and bonus. The base salary range for this position is $95,000 to $115,000/year. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process.  

*The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.*  

*For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing Company LLC and excludes risk sharing and hospital loans.* 

Salary : $95,000 - $115,000