About the role
Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.
Job Summary
RXR’s Real Estate Credit Originator will have a minimum of 8 to 10 years’ experience in commercial real estate debt origination ideally at a combination of a wall-street firm as well as at an alternative lending platform (i.e., a debt fund).
This role is a unique opportunity to work with a leading, vertically integrated investment manager to provide customized lending solutions to our clients. As an Originator, you will be responsible for originating debt investments and building relationships with clients to drive growth and success.
Candidate should be familiar with a broad range of credit products including:
- First mortgage loans (both floating and fixed rate)
- Bridge loans with business plan execution
- Construction loans
- Permanent loans on stabilized property
- Subordinate debt
- Mezzanine loans
- Preferred equity
Responsibilities
- Source, underwrite and analyze credit and financial information to determine investment suitability and credit worthiness
- Initial focus:
- first mortgage bridge lending, primarily in the middle to upper-middle- market multifamily space and the industrial space
- subordinate “gap” financing (mezz or pref) behind agency first mortgages
- Stay up-to-date on market trends and competitive landscape to identify new business opportunities and provide creative financing solutions
- Prepare loan proposals, presentations, and credit memos for loan and investment committees
- Manage a loan portfolio and maintain relationships with borrower/clients
- Communicate loan decisions, terms, and conditions both internally and to investors and ensure loan documentation is in compliance with company policies and procedures
- Provide first class customer service and build long-term relationships with borrowers and counterparties
- Manage junior resources in the origination function.
Top Competencies:
- Ability to evaluate and analyze complex financial statements and tax returns
- Strong customer service skills and ability to build relationships with borrowers and counterparties
- Strong understanding of credit and financial analysis
- Excellent verbal and written communication skills
- Ability to work independently and as part of a team
- Ability to manage multiple projects and meet tight deadlines
Experience and Education
- Bachelor's degree in finance, business administration, or a related field
- At least 8 years of experience in commercial lending, credit analysis, or related field
- Knowledge of regulatory compliance and lending policies and procedures
- Experience with loan documentation and credit underwriting
The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant experience).
Bonus eligible.
Aplyr's read
RXR Realty is a prominent real estate firm focused on innovative urban development, attracting professionals skilled in finance, engineering, and property management.
What's promising
- •Strong focus on urban development projects in New York City enhances growth potential.
- •Diverse roles offer opportunities for career advancement across finance, engineering, and management.
- •Commitment to AI and technology integration suggests forward-thinking strategies.
What to watch
- •High competition in NYC real estate market may impact project margins.
- •Significant reliance on urban projects could pose risks during economic downturns.
- •Limited public information about company culture and employee satisfaction.
Why RXR Realty
- •Emphasis on AI transformation sets RXR apart in traditional real estate.
- •Active involvement in community-focused urban development projects.
- •Strong presence in New York City offers unique local market insights.
Aplyr’s read is generated by AI from public sources. Was it useful?
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