REO Associate

Purpose and Job Summary

Lument Real Estate Capital, a leading national multifamily lender and capital solutions provider, is seeking an REO associate to join its REO team in Dallas, TX. The associate will report directly to the Senior Director and assist with the asset management of a portfolio of REO assets. Additionally, the associate will play a pivotal role in the underwriting and business plan formulation of additional multifamily investment opportunities.

Essential Duties & Responsibilities

• The associate will work closely with the REO asset management team and play a key role in evaluating opportunities through the underwriting process in addition to supporting asset management strategies for existing positions

• Provide asset management support through performing financial analyses, assisting in development and execution of business plans, and continued monitoring of macro and micro market performance and trends

• Support in building financial models to project cash flows and exit valuation to measure return profile of new opportunities

• Forecast operating performance, financial projections and business plan scenarios for deal-specific underwriting

• Assist in the preparation of asset-level recommendations for internal senior management

• Produce asset and portfolio-level reporting on monthly and quarterly basis

• Communicate directly with third-party property managers to guide strategic initiatives

• Work professionally and harmoniously with team and coworkers

• Travel Requirements – 25 %

• Other projects and duties as assigned

Contacts

This position has frequent contact with all levels of employees and management. In addition, this role may interact with outside business partners, vendors, consultants, and other office visitors.

Education, Skills & Experience

Required

• Bachelor's Degree from an accredited institution required

• 2 - 5 years of experience in real estate industry or finance experience

• Direct experience with Multifamily acquisitions, asset management, or valuation preferred

• Familiarity with CLO’s, agency loans, bridge loans, CMBS and the overall credit markets preferred

• Working knowledge and understanding of real estate valuation and advanced cash flow modeling via Excel

• Ability to analyze and interpret data to draw thoughtful conclusions

• Experience with leading industry market data providers including RCA, CoStar, Yardi, etc.

• Proficiency in entire suite of Microsoft Office (Word, PowerPoint, Excel)

• Advanced capabilities in Excel, including ability to analyze data via formulas, dynamics lookups, conditional formatting, sensitivity tables, etc.

• Strong quantitative skills and demonstrated analytical and problem solving ability

• Excellent organizational, communication, presentation, and interpersonal skills

• Ability to plan, organize, and prioritize assignments, and to meet critical and established deadlines; Ability to manage multiple assignments and transactions simultaneously

• Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities

• Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team

• Flexibility and ability to work under pressure with tight deadlines and constant interruptions; Ability to adjust priorities in a changing environment

Life at ORIX

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

You Time

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.