What are the responsibilities and job description for the Associate position at myGwork?
This job is with JLL, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ business community. Please do not contact the recruiter directly.
Job Summary
This position is focused exclusively on the placement of debt and / or equity for commercial real estate transactions. In addition to the involvement in every stage of a transaction, including underwriting, market research, property tours, preparation of offering memorandums, marketing and term sheet negotiation, closing and client meetings and events, the Debt Associate will begin to develop a client network. Will work in a high-energy, team-focused environment.
Main Responsibilities
- Prepare debt and / or equity offering memorandums for commercial real estate transactions, including research, financial modeling and composition of executive summaries.
- Responsible for complex financial modeling of commercial real estate transactions and utilize market and JLL data / comps to correctly underwrite a transaction.
- Manage the due diligence process and be the driving force in working through the marketing and closing processes for each transaction, and be in constant communication with the Producer, the market and the Client. Use this information from the marketing process to assist clients in making decisions related to their business plan and capital structure.
- Must be technically proficient in use of databases and be able to effectively identify what data from this system to will be useful to determine trends and for preparation for pitches and meetings.
- Must understand and review real estate documents (leases, loan documents, appraisals, etc.) to determine if any issues exist and determine what could be a concern.
- Develop and recommend financing alternatives to present to the Producer.
- Build a strong client network within the industry through meetings, events and involvement in real estate trade organizations.
- Participate in weekly office meetings with Producers to discuss deal flow, deal status, market conditions and review new client leads.
- Have a strong understanding of how JLL's lines of business work together.
- Other duties as assigned.
Experience Required
Education
Computer Skills
Environment
LI-DNI