OVERVIEW

Basis is seeking to hire experienced Loan Originators to join its Multifamily lending platform in our Florida, Texas and Washington offices. Basis is a New York based Agency lender and is also a multi-strategy CRE investment platform that directly 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 and distressed whole loans.   

JOB SCOPE &RESPONSIBILITIES:

·      Primary focus on originating Agency Loans – Freddie Mac and Fannie Mae loans

·      Responsibility for loan origination and transaction management, including but not limited to preliminary sizing, structuring, and negotiating

·      Cross market and source fixed rate conduit loans, floating rate bridge loans, mezzanine loans, and preferred equity and common equity investments

·      Work with sizing team to prepare initial deal review summaries and preliminary loan analysis

·      Work with sizing team to generate term sheets and loan applications

·      Establish strong professional relationships with existing and prospective clients

·      Work with other members of the Basis team to successfully underwrite, close, sell and securitize loans

·      Assist legal and closing departments with incorporation of business terms into the loan/ancillary documents and post-closing obligations

·      Ability to communicate and interact with members of sizing, underwriting, credit, servicing, legal and asset management teams at all stages of the origination and closing process

·      Perform site inspections as needed

·      Review loan documents

·      Perform other duties as assigned

JOB SKILLS & KNOWLEDGE:

·      Strong network of broker, borrower and industry contacts with emphasis on agency lending programs

·      Proven track record of deals closed in Multifamily transactions

·      Recent experience originating loans for Freddie Mac & Fannie Mae SBL and conventional execution 

·      Bank balance sheet for Multifamily lending

·      10+years of experience in the real estate finance industry

·      BA/BS degree in finance, economics, real estate, or related discipline preferred. 

·      Proficiency in Microsoft Office Suite, with a focus on Excel and Word

·      Knowledge of Bloomberg, Reis, and CoStar a plus

·      Exceptional organizational skills and ability to multi-task

·      Strong valuation, analytical and problem solving skills

·      Exceptional interpersonal, communication and presentation skills

·      Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as, independently

·      Extensive travel required

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