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Where is this CRE Asset Management Senior Analyst / Associate job located?

Winston Salem, North Carolina, 27106, United States

What industry does this CRE Asset Management Senior Analyst / Associate position belong to?

This role spans multiple industries.

CRE Asset Management Senior Analyst / Associate job near me in Winston Salem, North Carolina at PRP Advisors LLC

Position Description: Firm Overview

PRP Advisors is a subsidiary of Balbec Capital LP. Balbec Capital is an SEC-registered alternative investment firm. Since our founding in 2010, Balbec has deployed over $18.5bn globally, and aims to deliver consistent, risk-adjusted returns for investors and long-term partners. A pioneer investor in financial assets subject to bankruptcy proceedings or other forms of distress, Balbec Capital has grown and diversified our platform over the past decade by developing strategies in residential and commercial mortgage loans across all stages of performance as well as select consumer credit and alternative credit assets where our team has a competitive advantage due to our global footprint and counterparty relationships. Our team has invested in over 20 countries across Geo-Assets, selectively deploying capital into opportunities across geographies and asset types that we believe have attractive risk/reward profiles with upside potential and strong downside protection.

Job Description & Key Responsibilities

PRP Advisors is seeking an Asset Management Senior Analyst / Associate to join our growing Global Commercial Real Estate team. The Asset Management Associate will be responsible for contributing to the asset management of Balbecs commercial mortgage platform.

Responsibilities include:

Strategic planning and financial analysis for operations associated with Balbecs commercial mortgage platform
Oversight of borrower relations and property management
Collaborate with Balbec CRE team to analyze and execute real estate management strategies
Work closely with team members from Associates to Managing Directors across various disciplines
Integrate efforts with the broader CRE team to ensure smooth transaction processes
Review annual operating budgets and develop monthly internal budget-to-actual reports
Oversee property management teams to ensure the operational efficiency of properties
Conduct due diligence, including review of environmental site assessments, physical inspections, insurance reports, and property tax evaluations
Oversee and review property improvements, renovations, and maintenance projects.
Ensure compliance with loan covenants, reserve structures
Handle all aspects of reviewing draw packages, coordinating associated future funding with accounting teams, coordinating advances from warehouse lenders
Review and coordination of modifications, inclusive of ordering any reports necessary and working with legal to paper business terms
Coordinate escrow/bailee agreements with physical doc delivery to appropriate counterparties
Oversight of management of REO properties

Qualifications & Experience

Required:

3-6 years of relevant experience
Deep understanding of the commercial real estate market
Strong analytical and strategic planning skills
Ability to develop and execute asset management strategies
Effective collaboration skills with team members at all levels
Capable of managing multiple transactions and adapting to a fluid work environment

Equal Employment Opportunity

Balbec Capital LP and PRP Advisors are committed to ensuring equal employment opportunities for all employees, including qualified employment applicants. The firm strives to maintain an environment free of discrimination based on race, color, religion, gender, national origin, ancestry, age, disability, genetic information, military or veteran status, marital status, sexual orientation, gender identity, citizenship, or any other protected category or characteristics as defined by federal, state or local laws. This equal employment opportunity policy applies to all employment practices, including but not limited to recruiting, hiring, advertising, promotion, transfer, reductions in force, social and recreational programs, training, employee development, compensation and fringe benefits, discipline and termination.

CRE Asset Management Senior Analyst / Associate in Winston Salem, North Carolina at PRP Advisors LLC

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