Analyst – Structured Finance & Asset Management

Basis Investment Group is looking to hire an analyst to join its structured finance underwriting, origination and asset management team.  The candidate will assist the team in originating, underwriting, closing, securitizing and asset managing commercial real estate (“CRE”) debt and preferred equity investments.  Basis Investment Group is a New York based multi-strategy CRE investment platform that originates and securitizes senior mortgages, invests in subordinate debt including mezzanine loans, B-Notes and preferred equity, and opportunistically buys CMBS tranches including B-pieces & performing & distressed whole loans.  Since inception, Basis has closed over $3.0 billion in CRE investments.  In addition, with 50+ years of collective debt and equity experience, the key members of Basis management team have originated and closed in excess of $30 billion of CRE investments.  Please visit our website (www.basisinvgroup.com) for more information about Basis.

Job Scope & Responsibilities:

  • Review financing offering memorandums and summarize strengths and risks with each deal
  • Prepare detailed financial models for sizing and underwriting of  CRE loans and CRE investments
  • Assist in preparation of loan quotes, term sheets and applications
  • Assist with the loan due diligence process, including:
    • Ordering third party reports
    • Financial underwriting
    • Reviewing and summarizing tenant leases
    • Market Research
    • Review of Appraisals
    • Review of property condition assessment and environmental reports (PCA/ESA)
    • Reviewing and summarizing licenses and other agreements
    • Sponsor Financial Analysis
    • Identifying and effectively communicating potential risks or issues
    • Performing site inspections on prospective or active investments
  • Assist with drafting of investment memoranda and presentations to investment committees for approval
  • Assist legal and closing department with incorporation of business terms into the loan/ancillary documents and post-closing obligations
  • Assist the securitization team with the ASR and responding to questions from rating agencies and investors
  • Work directly with Asset Management and Securitization Group to manage rapidly growing portfolio of debt assets (b-notes, mezzanine and bridge loans, senior mortgages, preferred equity and b-piece investments). Assist in the:
  • Collection and analysis of borrower provided reporting packages
  • Collection and distribution  of monthly loan payments
  • Analysis of financial, market and real estate information
  • Preparation of investor reports
  • Preparation and analysis of watch list reports
  • Preparation of asset summary reports and large loan summaries for securitization
  • Oversight of data base and sub-servicer
  • Preparation of various spreadsheets used to aggregate loan and property level data
  • Interaction with buy-side investors and rating agencies

Candidate Requirements:

  • BA/BS degree in finance, economics, real estate, or related discipline preferred
  • 1 to 3 years of experience in the real estate finance industry
  • Proficiency in Microsoft Office Suite, with a focus on Excel and Word
  • Knowledge of Argus Software, Bloomberg, Reis, and CoStar a plus
  • Exceptional organizational skills and ability to multi-task
  • Strong analytical and problem solving skills
  • Exceptional interpersonal and communication skills
  • Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as independently
November 19, 2019

Leave a reply