Greystone

Job Details

Description

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $12 billion in loan originations in 2024. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do.

At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering, cultivating, and preserving a culture of inclusion through recruiting and career development practices, creating equity companywide, and exemplifying belonging. Diversity, Equity, and Inclusion is at the heart of our culture of caring, integrity and excellence, and is a driving force behind our entrepreneurial spirit and creativity.

We are seeking an Asset Manager to join our Assumptions and Transfer team in our Consent Management group. This role is responsible for reviewing loan documentation and servicing agreements to determine diligence requirements and processing needs of the borrower request matters. The successful candidate is self-motivated, detail-oriented, and has a strong knowledge of real estate markets with an emphasis on multifamily assets.

Primary Duties and Responsibilities:

• Work closely and collaboratively with authorized borrowers/borrower contacts, internal customers, and investors alike to process borrower requests.
• Review loan documentation and servicing agreements to determine diligence requirements and/or processing needs of borrower request matters.
• Evaluate due diligence collected in pursuit of a lender consent item and draft a compelling narrative to support an approval or denial.
• Prepare risk memos to provide recommendations for review and approval of the following consent types, but not limited to:
  • Oil/Gas/Mineral Leases
  • KP/Entity Transfers
  • Condemnations
  • Easements
  • Other consent types assigned
• Conduct a review and approval of the following consent types, but not limited to:
  • Property Management Changes
  • Non-Material Leases
  • Repair Extensions
• Other responsibilities include preparing assumption packages, hedge notification letters, hedge replacements, LOC renewals, and collection of consent fees for the team.

Experience, Skills, and Abilities Required:

• Bachelor’s degree in Finance, Real Estate, Accounting, Economics, and/or a minimum of 3-5 years of experience in Real Estate with an emphasis on risk/financial analysis, relationship management, underwriting, or asset management.
• A strong knowledge of real estate markets with particular emphasis on multifamily assets.
• Proficiency in Microsoft Office products including Word and Excel.
• Strong organizational skills.
• Strong verbal and communication skills.
• Exhibit self-motivation whether working independently or on a team.
• A strong sense of urgency about solving problems, meeting challenging deadlines, and achieving critical goals.
• An ability to execute and delegate multiple projects with deliverables to ensure that timelines and results are achieved.
• An ability to demonstrate decisiveness and adaptability, quickly modifying approaches to accommodate inevitable changes in customer needs, business directions, and conditions.

At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO Employer.

• The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.*
• For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing Company LLC and excludes risk sharing and hospital loans.*

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.