What are the responsibilities and job description for the Real Estate Financing Specialist position at GY Properties?
THE OPPORTUNITY About GY Properties
GY Properties is a U.S. real estate company headquartered in Philadelphia, PA, specializing in acquisition, development, construction and in-house management of multifamily residential properties and high-end residential condominiums. GY Properties has been doing business for more than 30 years in the Philadelphia area, with expansion to the surrounding region as well.
At GY Properties our mission is to create homes and communities by focusing on location, wellness, and innovation for our residents and investors. Our core values include treating our residents, employees, and investors with respect and honesty, being accountable, innovating, and working together inclusively.
POSITION SUMMARY
We are seeking a motivated Real Estate Financing Analyst to join our team. In this role, you will be responsible for assisting in obtaining and managing real estate loans and financing for our residential development projects, collaborating closely with our VP of Acquisitions, VP of Finance, and Chief Development Officer. The ideal candidate will have experience working with commercial real estate mortgage lenders and a strong understanding of loan processing and underwriting.
Previous experience as a loan analyst or loan officer at a financial institution would be an advantage.
PRIMARY RESPONSIBILITIES
- Responsible to secure real estate loans and financing for multifamily residential acquisition and development projects.
- Maintain and manage lender relationships.
- Support the loan application and underwriting process.
- Analyze financial statements and loan documents.
- Prepare reports and presentations for partners and investors
- Monitor loan compliance and performance.
- Other duties as assigned.
QUALIFICATIONS
- Adherence to the company's mission and values in all aspects of the job.
- Bachelor's degree in Finance, Real Estate, or related field.
- 2-5 years of experience in real estate financing or related roles.
- Knowledge of loan processing, underwriting, and due diligence, preferably from the lender side.
- Advanced proficiency in Microsoft Office, including Word, PowerPoint, and Excel.
- Proficiency in financial modeling and analysis.
- Excellent time management skills and ability to multi-task and prioritize work.
- Attention to detail and problem-solving skills.
- Excellent written and verbal communication skills.
- Strong organizational and planning skills in a fast-paced environment.
- A creative mind with an ability to suggest improvements.
- Excellent communication and interpersonal skills, with the highest level of integrity.
- Highly motivated with a strong desire and ability to learn quickly.
- Responsive and open to feedback and growth.
- Effective communication with all stakeholders, including colleagues, management, and other departments.
SALARY AND BENEFITS
The compensation for this position ranges from $80,000/year and up, commensurate with qualifications and experience. This full-time position is considered exempt from overtime pay under the federal and state wage and hour laws. GY Properties offers a highly competitive compensation package that includes medical, dental and vision insurance, 401(k) retirement plan with company matching, vacation and paid time off, an employee referral program, complementary employee parking, and opportunities for continuing education and training.
GY Properties currently requires the COVID-19 vaccination for all employees, other than those with religious or medical exemptions. This is a full-time in-office position.
Join our dynamic team! If you are a motivated individual with a passion for real estate finance and a team player, we would love to hear from you. Apply today!
Salary : $80,000
