Analyst, Underwriter - Advisory - Houston

Situs is a pioneer in the CMBS industry, providing outsourced commercial real estate collateral evaluation, due diligence and underwriting services. Through our in-depth understanding of loan origination, credit risk analysis, and the securitization process, we have become the preeminent advisor for the commercial real estate finance industry; providing clients’ the ability to strategically leverage a diverse platform of real estate and capital markets professionals. 

Our professional team can be deployed as a variable staffing strategy to manage a specific transaction or other project requirements. We have specialized practice teams for most property types, and have transactional experience across North America and Europe.

Our Situs Advisory team is seeking a qualified professional for its Analyst role in Houston, TX.

The Analyst, Due Diligence & Underwriting, will provide support in delivering real estate analysis, CMBS and other commercial real estate loan underwriting and debt consulting services. This role manages multiple transactions with multiple clients under tight timelines. 


Responsibilities: 

·    Provide analytical support in the underwriting and closing of commercial real estate loans on behalf of our clients

·    Review, analyze and/or interpret financial operating statements, rent rolls, third party reports, tenant lease agreements, surveys, title reports, zoning reports, property insurance policies, credit reports, and other underwriting due diligence requirements

·    Assist with loan closings and procure needed closing items

·    Research, analyze and summarize tenant level information including financial trends and credit ratings or stock market capitalization

·    Conduct telephone interviews to solicit market data with brokers, appraisers, investors and other market participants

·    Research, analyze and summarize market and submarket information including inventory, absorption, new/proposed development, and rent and vacancy trends

·    Extract pertinent data from appraisal, and engineering reports

·    Write property, market and borrower/sponsor descriptions as well as third party report summaries

·    Assist in developing value conclusions for all property types


Required Experience: 

·    1-2 years’ experience in real estate related or financial services industry, such as appraisal, brokerage, or banking primarily focused on commercial properties

·    Experience underwriting CMBS or CRE balance sheet loans is strongly preferred

·    Familiarity with commercial real estate, due diligence process, commercial lending policies, and credit and risk management policies

·    Full understanding of property sectors (office, retail, industrial, hotel, multifamily) and their different investment characteristics and an ability to see the "big picture" in commercial real estate and capital markets finance transactions

·    Proficient in Argus

·    Excellent Excel and cash flow modeling skills

·    Strong business writing skills


Education Required 

  • Bachelor’s Degree

Areas of concentration preferred: 

  • Finance
  • Commercial Real Estate
Real Estate Valuation


EOE/M/F/D/V

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Job Location: Houston, Texas, United States
Date published: 9-Aug-2017
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