Analyst, Capital Markets

About the Role

The Analyst, Real Estate Capital Markets will report directly to the Senior Director, Head of Syndicated Loans and assist in all aspects of real estate property due diligence, structuring, underwriting and deal negotiations of all back leverage and syndicated loans for NRE’s structured credit business. This job facilitates the successful execution of all back leverage and syndicated loan positions, supports other team members within Capital Markets and helps support strategic initiatives led by Capital Markets and the wider structured Commercial Real Estate Debt sector.

Key Responsibilities

• Customize Initial Information Memorandums (IIM’s) prepared by Debt Origination into Sales Memorandums.
• Coordinate confidentiality agreements with counterparties.
• Work with the wider Capital Markets team to target optimal distribution of senior debt positions.
• Coordinate feedback from prospective syndicate and back leverage partners.
• Work closely with the debt origination, closing, legal and asset management teams in all aspects of deal execution for syndicated loans.
• Support the due diligence process for all loan syndications, fund and asset level financing requests, coordinating with internal colleagues in debt origination, NRE equity funds and third-parties to ensure accurate and consistent information is shared across the Capital Markets platform.
• Navigate and improve upon existing financial models to facilitate real estate loan back leverage and syndication, debt origination, and asset management decisions.
• Provide any ad hoc debt and equity fund-level analysis as needed by the Capital Markets team.
• Review primary loan documentation, loan modification and intercreditor documents required for all syndicated loan executions, working closely with legal and closing departments to ensure consistent and timely deal execution.
• Facilitate a smooth transition with syndicate partners to the Asset Management team post-closing of all successfully syndicated or back-levered loans.
• Prepare any ad-hoc analysis or presentations required by the Head of Capital Markets.
• Prepare specific financial and operating performance summaries to assist with internal team, internal audit, investor, client and lender due diligence requests.
• Assist other members of the Capital Markets team on cash flow underwriting analysis.
• Assist with the preparation of deal memos required for Investment Committee.
• Assist with the financing and/or dispositions of equity assets.

Requirements & Tech Stack

• Advanced Excel proficiency, including complex financial modeling, scenario analysis, and building or improving models for loan structuring and underwriting.

Qualifications

• Bachelor's degree in Finance, Real Estate, Economics, or a related field.
• Working knowledge of commercial real estate (CRE) finance and real estate private equity, with exposure to syndicated loans, back leverage, or structured credit.
• Working knowledge of the CRE loan due diligence process and loan documentation, including intercreditor agreements, note-on-note financing, and master repurchase agreements.
• Working knowledge of real estate underwriting, including cash flow analysis and property-level performance review.