We're on a mission to make home possible for homebuyers and renters across the U.S.
Multifamily Production Associate
Location
United States
Posted
2 days ago
Salary
$99K - $149K / year
Seniority
Mid Level
No structured requirement data.
Job Description
Multifamily Production Associate
Freddie Mac
Role Description At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose. Must be located in the NYC metro area and understand that this is a fully remote opportunity. If you are a smart, motivated and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you! The nation’s greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed-income with an annual platform exceeding $75 billion is looking to add a Production Associate to the Northeast Region team. Apply now to contribute to our mission of Making Home Possible! Our Impact: From rehab to value-add, lease-up, construction take-out, pre-stabilized and stabilized, Freddie Mac Multifamily offers financing that spans the commercial real estate life-cycle and the spectrum of multifamily property types including: - Class-A mixed-use multi-tenant high-rises in urban cores - Conventional garden-style assets in suburban infill - Dedicated student housing properties at leading educational institutions - Manufactured housing communities (MHCs) across rural America Your Impact: The Production Associate will be fully remote but must live in the NYC metro area with the ability to meet with the team easily. Reporting to one of the Region’s Managers or Directors, the hired candidates will work on one of many deal teams and will be responsible for assisting the team’s Producer and Associates in evaluating, structuring, and quoting new debt opportunities. If you are an analytical team player who is interested in helping create, preserve and improve multifamily housing, please submit your application to join our exciting and dynamic organization. Your work is largely categorized in two ways: Analysis - High-volume deal review for new financing opportunities, including preliminary review of deals before quote and anticipating and solving problems through Rate Lock timeline - Due diligence, which includes examination of comp sets, internal and external market data, and cash flow analysis - Pipeline management through daily system updates Communication and Collaboration - Collaborative engagement with underwriting team to negotiate and analyze each transaction within Freddie Mac’s Credit Policy and Underwriting Guide - Additional reporting and macro-data analysis, which may include special projects and/or pre-travel preparation - Interact with Production Team Lead and external customers to ensure efficient deal processing and competitive results Qualifications - Bachelor’s Degree in Real Estate, Finance, Economics, Business Administration, or related field - 0 to 2 years of professional experience - Demonstrated proficiency with Microsoft Excel and Word - Strong written and verbal communication skills - Proven interest in a commercial real estate career - Position will require future travel - Military and/or service industry experience is a plus Requirements - Refined multi-tasking/prioritization skills - Positive attitude, even under pressure - Strong interpersonal skills and work ethic - Attention to detail - Team player mentality Benefits - Comprehensive total rewards package - Competitive compensation - Market-leading benefit programs - Annualized market-based salary range of $99,000 - $149,000 - Eligible to participate in the annual incentive program
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