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Associate

Company: TrueRate Services
Location: New York
Posted on: September 25, 2022

Job Description:

To Apply: Please email ted.slevin@truerateservices.com or go to our LinkedIn Page at https://www.linkedin.com/company/truerateservices/jobs/Position Description: We are looking to bring on board an Underwriting Analyst Associate to join our growing team at True Rate. This role will be a great position for a hungry and analytically minded person looking for leadership opportunities.Company Background: TrueRate is a marketplace that connects commercial real estate owners with leading financing capital sources, working under the umbrella of Olive Tree Holdings. Built by owners for owners, TrueRate leverages strong financing relationships and user-friendly technology to facilitate a more efficient, transparent and competitive bidding process that results in optimal financing terms.We believe that in achieving our user-centric strategies in concert with deployment of predictive analytics and process digitization should allow us to rapidly grow our market share in this fragmented market. To assist with the realization of this mission and strategy we are looking for a competent, entrepreneurial team player who will contribute to rapid business growth.The objective is to build a team of producers in the largest markets nationally. TrueRate offers a highly collaborative, entrepreneurial culture that empowers our team to grow quickly and make a distinct difference in people's lives. Notably, TrueRate is a meritocracy that enables employee participation in the growth of our business.Essential Responsibilities---:Model income and cash flow for commercial real estate properties, incorporating current market trends.Familiarity with T-12s, Rent Rolls, Net Operating Income and comparable calculationsResearch relevant rent, sales, cap rate, and expense comparable.Evaluate the feasibility of potential development and value-add deals. Consider cost, profit, and discounted cash flow.Structure and optimize complex sales and financing transactionsPresent sales, lending and investment opportunities to purchasers and/or capital sources in a professional, confident, and credible manner, including key data points, economic drivers, risks, and risk mitigants.Shepherd transactions from term sheet to close.Report on industry trends by sourcing both quantitative and qualitative data.Preferred Experience & Characteristics:3+ years of underwriting with a focus on multi-family, debt expertiseCommercial real estate analysis, lender and/or brokerage experience a plusAnalytical, high-energy professional with exceptional attention to detail.Curious and adaptable team player.Ability to multitask by attending to multiple forms of communication (phone, email, Teams, etc.) while continuing to make progress on projects at hand.Strong verbal and written communication skills, self-starter, and excited to work in an entrepreneurial environment.Excellent time management skills and ability to work with minimal supervision.Expert level Microsoft Excel skills (modeling), and proficiency in Microsoft Word and PowerPointAbility to meet deadlines and take personal ownership to achieve team goals.Ability to give and receive constructive guidance and coaching from other team members and management.

Keywords: TrueRate Services, New York , Associate, Other , New York, New York

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