Commercial Real Estate Asset Manager

 Commercial Real Estate Asset Manager

 

Lancaster Pollard provides financing for the health care, senior living, private education and affordable housing sectors. The company offers a full range of investment banking, financial advisory, mortgage banking and investment advisory services. The firm’s growth and expertise have earned the organization recognition as one of Columbus Business First’s Fast 50 – an award presented to the 50 fastest-growing companies in the region. The firm won the Ernst & Young Entrepreneur Of The Year Award 2006 in the service category in recognition of its strategic direction, work environment and growth  In 2007, Lancaster Pollard was named to the Inc. 5,000 list of the fastest-growing companies in the nation.

Lancaster Pollard’s mortgage banking arm, Lancaster Pollard Mortgage Company, is an approved FHA/GNMA/USDA lender, specializing in commercial mortgage loans to the above sectors. An integral part of the mortgage company is the servicing department.

 

The Commercial Real Estate Asset Manager will be responsible for monitoring the financial performance and physical condition of multifamily and long term care properties; securing mortgage loans serviced by the company to assure ongoing compliance with loan terms and government agency loan programs; evaluating collateral asset value and implement strategies to protect value if deterioration is detected; administer construction progress and draw procedures for loans funding construction or improvements.  Responsibilities will be handled through a combination of in-office review, communication with property operators or managers, on-site property inspections, and communication with senior level management and credit committee members of Lancaster Pollard.  Additional responsiblities will include providing assistance as needed to the Vice President, Mortgage Company.

 

 

The ideal candidate would possess the following core characteristics:

 

q  Bachelor’s degree with an accounting major or considerable exposure to accounting

q  Ability to analyze financial statements

q  Strong written and verbal communication skills needed for reporting to management, credit committee, government

  agencies,  and investors

q  Willingness to travel to property locations

q  Ability to pass credit report check

 

 

Major duties and responsibilities of this position include but are not limited to:

 

q  Property surveillance activities, including periodic analysis of financial statements and rent rolls

q  Monitor compliance with loan terms and government agency loan program guidelines

q  Evaluation of property physical condition

q  Monitor construction progress and draw schedule

q  Willingness to work with the client to address financial/operational issues to avoid or cure default

 





Compensation is commensurate with experience. The position also offers excellent benefits and an opportunity to work in a fast-paced, high-growth environment. We are a non-smoking company and an equal opportunity employer.



For consideration, please submit a resume with cover letter and salary requirements to hr@lancasterpollard.com and reference REAM.08 in the subject line.

***Please no agency contacts***