Jobs

Director Real Estate Investments

Posted on: January 4, 2021 Apply Now
Newport Beach, CA Full Time Financial ServicesExpires February 10, 2021

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

This position is located in Newport Beach, California, and requires travel throughout southern California.

 

Who We Are : The Real Estate Investments Department within Northwestern Mutual Investment Management Company, LLC, manages the commercial mortgage and real estate equity investments of Northwestern Mutual. The portfolio includes $40 billion of commercial mortgages secured by multifamily, office, retail, manufactured housing, and industrial properties, and more than $12 billion of direct and joint venture commercial real estate equity investments. Additional information can be found on our website (https://realestate.northwesternmutual.com/).

 

What’s the role?

Commercial mortgage loan and real estate equity originations

The person who fills this position will identify, underwrite, recommend, and work with a team to close mortgage loan and real estate equity investments, as directed by their local Regional Director and senior management within the Real Estate Department and Northwestern Mutual. They will also be responsible for servicing and managing a portion of the mortgage loan portfolio. The performance of responsibilities is with limited oversight, growing to increasingly independent performance.

Primary duties include (with appropriate supervision and training):

  • Develop and manage relationships with existing and prospective borrowers and partners, as well as the brokerage community, to generate investment opportunities that lead to transactions.

  • Conduct robust real estate investment analysis, including identifying properties that fit our investment criteria, determining property values, and understanding the physical, operational, and financial nature of successful real estate investments.

  • Formulate and communicate high conviction investment ideas and influence portfolio manager investment decisions based on analysis.

  • Draft and negotiate letters of interest, memorandums of understanding, and loan applications related to investments as they are originated.

  • Effectively and timely coordinate with various stakeholders to originate new investments, including brokers, management companies, advisors, legal, closing, environmental, and construction experts.

  • Consistently prepare high quality and accurate work product, including written and verbal opinions and analyses.

  • Be a team player and work collaboratively to contribute to the Newport Beach office and Real Estate Investments Department goals.

Bring Your Best! What this role needs:

  • MBA or master’s degree with a concentration in real estate or finance is required.

  • 3 to 5 years of experience in the following real estate areas: the underwriting, appraisal and valuation process; the due diligence, closing and documentation process; and direct and/or supervised experience with the origination and negotiation of mortgage loan and/or real estate equity investments.

  • Direct or supervised experience with relationship building and networking of prospective and existing clients.

  • Experience that demonstrates an understanding of real estate and capital markets that leads to investable opportunities.

  • Strong analytical, quantitative, negotiation, and critical reasoning skills.

  • Ability to work collaboratively with local co-worker teams, remote Home Office teams and with third party clients.

  • Superior verbal and written communication skills.

  • Attention to detail, ability to prioritize and manage multiple tasks, and meet deadlines.

  • High ethical and professional standards.

    Other Considerations:

  • Proficiency with Argus and Microsoft Office, including Excel, Word and Power Point required.

 

 

This job is not covered by the existing Collective Bargaining Agreement.

 

Required Certifications:

Grow your career with a best-in-class company that puts our client’s interests at the center of all we do. Get started now!

 

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

Apply Now