GBM - Private, Real Estate Financing Group - Originations, Associate, New York
Posted 16 days ago
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Senior Associate on the Real Estate Financing Group (REFG) Originations team within Capital Solutions Group, responsible for sourcing, underwriting, and executing CMBS and balance-sheet commercial real estate loans. The role includes underwriting across property types, conducting property, market and borrower due diligence, financial modeling and valuation, and preparing materials for client and internal committee reviews. The position coordinates with Credit, Capital Markets, Securitization teams and external advisors throughout loan execution and distribution. Requires a bachelor’s degree and approximately 4-5 years of relevant underwriting/closing experience.
- Compensation
- $150,000 – $225,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
GBM Private, Real Estate Financing Group - Originations, Associate, New York
The Real Estate Financing Group (REFG) within Capital Solutions Group is a leader in commercial real estate lending and was the top-ranked contributor to U.S. standalone CMBS securitizations for 2017-2024. REFG’s Originations team is responsible for the sourcing, underwriting, and execution of securitized and balance sheet lending on commercial real estate assets and is looking for an experienced senior Associate to join the team.
Responsibilities
- Underwrite commercial real estate mortgage loans across all property types (e.g., industrial, multifamily, office, retail, hospitality, data centers, and specialty) for both the CMBS business and the bank’s own balance sheet
- Perform in-depth property, market, sector, and borrower due diligence and research
- Model cash flows and conduct valuation analyses on commercial real estate assets across property types and geographies
- Contribute to all aspects of loan origination, from initial underwriting to loan closing to deal distribution
- Prepare materials and memos for client discussions, deal evaluation, internal committees, and deal distribution
- Coordinate with REFG’s Credit, Capital Markets, and Securitization teams as well as external parties such as due diligence providers, consultants, and legal counsel throughout the loan execution process
Qualifications
- Bachelor’s degree and 4-5 years of work experience, ideally in underwriting and closing CMBS and / or CRE balance sheet loans
- Track record of academic achievement
- Strong modeling and analytical skills; experience with Argus is not required
- Strong interpersonal and communication skills and ability to collaborate effectively with both internal and external audiences
- Ability to work in a fast-paced, dynamic environment and manage multiple transactions under deadlines
- Strong work ethic, attention to detail, and commitment to results
- Genuine interest in real estate origination
Salary Range
The expected base salary for this New York, New York, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
