Spring11 - Asset Management Analyst at Newmark in Atlanta, GA

Summary: Newmark is a leading provider of commercial real estate services, and they are seeking a highly motivated Asset Management Analyst to join their growing team. The Analyst will manage high-yield debt and equity positions for various clients, focusing on supporting Asset Management functions for a diverse portfolio of commercial real estate properties. Responsibilities: - Supporting the senior asset managers in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents - Coordinating with and/or management of various third-parties including servicers, borrowers, lenders, and construction consultants, amongst others - Managing the draw review process for ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros - Monitoring performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing - Completing quarterly asset updates for each asset and presenting to client as required - Re-underwriting each asset on a semi-annual or annual basis and providing support for diligence and underwriting as needed - Constructing monthly debt waterfalls for cash managed deals, and working alongside the Treasury team to ensure funds are administered properly - Working collaboratively with Servicing, Insurance, Tax, and other related servicing departments, in order to maintain proper Loan compliance and lien position security - Performing other ad-hoc duties, including providing periodic underwriting support, as needed Required Qualifications: - Bachelor's Degree in Real Estate, Economics, Finance, or other related field required - 1-2 years of experience related to commercial real estate industry is preferred - Excellent verbal and written communication skills - Must possess the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior management - Must be proficient in Microsoft Excel - High attention to detail - Strong organizational and multi-tasking skills - Ability to work in a fast-paced and quickly changing environment Required Skills: Financial acumen, Microsoft Excel Important Skills: Commercial real estate Nice-to-Have Skills: Multi-tasking Benefits: Competitive benefits package, Discretionary bonuses, Other short- and long-term incentives (e.g., deferred cash, equity, etc.)