Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.
We are seeking an experienced Senior Underwriter to join our private credit platform, specializing in real estate development loans ranging from $3 million to $30 million. This role will focus on originating, underwriting, structuring, and closing bridge, construction, acquisition, and value-add loans across multifamily, industrial, student housing, self-storage, and other commercial real estate asset classes.
As a key member of our investment team, you will conduct rigorous credit and risk analysis, optimize deal structures to achieve strong risk-adjusted returns, and support portfolio management in a dynamic market environment. You will collaborate closely with originators, legal, asset management, and senior leadership, including presenting deals to investment committees.
This is an excellent opportunity for a proven commercial real estate credit professional to make a direct impact in a growing private credit business.
**Key Responsibilities**
- Lead the underwriting and structuring of real estate development and bridge loans ($3MM–$30MM), including acquisition, refinancing, ground-up construction, and transitional financing across various asset classes (multifamily, industrial, student housing, self-storage, retail, office, hospitality, and alternatives).
- Perform comprehensive financial analysis, including cash flow modeling (pro forma, NPV, IRR), sponsor due diligence, collateral valuation review, rent roll/lease analysis, market studies, and third-party report evaluation (appraisals, environmental, title, etc.).
- Assess borrower/sponsor creditworthiness, experience, and financial strength; identify and mitigate key risks in deal structuring, guarantees, and covenants.
- Prepare detailed credit memos, investment packages, and presentations for internal investment committee approval.
- Negotiate loan terms, covenants, and documentation to balance risk mitigation with competitive market positioning and return objectives.
- Support loan closings by coordinating with legal, title, and closing teams; ensure compliance with internal policies, regulatory requirements, and credit standards.
- Monitor and manage assigned portfolio assets post-closing, including annual reviews, covenant compliance, loan modifications, risk rating updates, and performance reporting.
- Mentor junior underwriters/analysts and contribute to team development through training, deal roundtables, and knowledge sharing.
- Stay current on market trends, regulatory changes, and best practices in private real estate credit.
**Qualifications**
- Bachelor's degree in Finance, Business, Real Estate, Economics, or related field (advanced degree or relevant certifications a plus).
- 7+ years of progressive experience in commercial real estate underwriting, credit analysis, and portfolio management, with significant focus on bridge, construction, mezzanine, and/or development loans.
- Proven track record of closing and managing complex CRE transactions.
- Deep expertise in financial modeling, cash flow projections, scenario/sensitivity analysis, and structuring across the capital stack (senior debt, mezzanine, preferred/common equity).
- Strong understanding of commercial real estate asset classes, particularly self-storage, multifamily, and industrial.
- Experience presenting to investment committees and negotiating with sponsors, brokers, and stakeholders.
- Excellent analytical, communication, and presentation skills; ability to collaborate cross-functionally and mentor team members.
- Proficiency in MS Office (Excel advanced), financial modeling tools, and CRE underwriting software.
- Self-motivated with a high degree of integrity, attention to detail, and ability to thrive in a fast-paced environment.
**Preferred**
- Prior experience in private credit, alternative lending, or non-bank real estate debt platforms.
- Familiarity with agency, CMBS, or bank CRE lending standards as a foundation for private market adaptability.
**What We Offer**
- Competitive base salary + performance bonus
- Comprehensive benefits package (health, dental, vision, 401(k), etc.)
- Opportunity to work on high-impact deals in a growing private credit platform
- Professional development and mentorship opportunities
If you are a strategic thinker with a proven ability to underwrite and close sophisticated real estate development loans while managing risk and driving returns, we encourage you to apply.