What are the responsibilities and job description for the Sr. Production Associate position at Newmark?
Newmark Group, Inc. (Nasdaq : NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
We are seeking a Sr. Production Associate with 3 years of commercial real estate experience; Fannie Mae / Freddie Mac Multifamily Production experience is preferred, and Affordable Housing or Manufactured Housing experience is considered a plus. The Production Analyst's primary responsibility will be to provide day-to-day financial, market and underwriting analysis of multifamily loans. This is an excellent opportunity to be thoroughly educated about the process of originating multifamily mortgages, to have extensive contact with our clients and to train under the premier programs (Fannie Mae & Freddie Mac). This position affords the opportunity to work closely with Originators on the sourcing, structuring and underwriting of transactions.
Essential Duties and Responsibilities :
- Work closely with assign Origination staff to research, develop and pursue new and existing client relationships.
- Analyze, interpret and present complex multifamily and seniors housing real estate transactions in compliance with respective agency guidelines (Fannie Mae / Freddie Mac).
- Assist with the assembly of the required reporting for the Origination team – portfolio retention and new generation as needed.
- Conduct detailed economic and demographic research to determine feasibility of transactions
- Develop and maintain strong relationships with origination and external agency investors
Core Competencies :
Skills, Education and Experience :
Benefits and Perks :
SKILLS, EDUCATION AND EXPERIENCE :
Benefits / perks listed may vary depending on the nature of your employment with Newmark and the job location.
Working Conditions : Normal working conditions with the absence of disagreeable elements
Note : The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
