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Junior Originator
Company | Marcus & Millichap |
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Location | Washington, DC, USA |
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Salary | $36000 – $36000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Junior |
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Requirements
- Minimum of 1 year of relevant commercial real estate experience, whether advisory, investment banking or other related areas, and a willingness to actively market to and call on potential new client relationships.
- Proven track record in, or basic understanding of the process of originating, underwriting and structuring relevant commercial real estate debt and equity mandates greater than $1M.
- Ability and desire to learn art of negotiating term sheets and closing documents for real estate financing transaction.
- Excellent due diligence, analytical, negotiating, deal structuring, and financial skills.
- Team player who can also assist with the structuring and execution of deals brought in by investment sales agents at IPA and Marcus & Millichap.
- Independent worker with strong client management skills, excellent accuracy/attention to details, and an ability to adjust to ever-changing business environment.
- High level of integrity and professionalism with a hands-on, proactive style.
- Entrepreneurial mindset with the motivation to play a critical role in the growth of a platform, within an established organization.
- Collaborative approach to building business.
- Strategic thinker coupled with the ability to dive into details.
- Effective written and oral communication skills with a direct and open communication style.
- Ability to contribute to a positive, supportive Marcus & Millichap culture.
Responsibilities
- Responsible for identifying and sourcing new and existing clients in need of commercial real estate debt, equity, and other advisory services.
- Pro-actively develop, foster, and maintain strong relationships with owners, operators, and developers of institutional quality commercial real estate assets for debt and equity origination opportunities.
- Responsible for originating, structuring, and closing commercial real estate financing transactions.
- Use credit skills to identify strengths and weaknesses of a transaction, while creating structural features to mitigate risks.
- Work closely with senior originator to grow the capital markets advisory platform.
- Utilize the full resources of Marcus & Millichap to assist in originations, underwriting, risk mitigation, and closing.
- Provide advisory services to clients with a goal to obtain ‘trusted advisor status’.
- Participate in presentations and pitches with new and existing clients.
- Exhibit cooperation and teamwork to ensure that goals and objectives are met.
- Monitor micro/macro CRE market conditions, attend CRE related conferences, and participate in industry events to identify and source new financing opportunities.
Preferred Qualifications
- Appropriate educational credentials.
- Travel as appropriate.