NorthMarq
Closing Analyst (San Francisco) - Commercial Real Estate Finance
San Francisco, CA
Aug 25, 2024
unknown
Full Job Description
    Closing Analyst - Commercial Real Estate Finance Northmarq – San Francisco, CA   At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!    Northmarq is looking for a highly detail-oriented and deadline-driven Closing Analyst to join our successful and active San Francisco Production Debt + Equity team. In this role, the individual will oversee the entire commercial real estate closing process, including commitment, pre-closing, closing, and post-closing activities. The candidate will also conduct due diligence and provide servicing support to the regional office team.   *This position is an in-office position, with an immediate start date.   Position Responsibilities:
  • Organization – Responsible for providing support to regional offices regarding all aspects of the closing process and coordinating closings.
  • Planning – Plans and schedules own workload to best utilize time and most efficiently facilitate commercial real estate closings.
  • Execution and Direction – Commitment, Pre-Closing, Closing, and Post-Closing
    • Commitment – Order flood certifications, complete new loan production/servicing forms, forward necessary commitment documents to the Servicing department, set up closing file(s), review the commitment and prepare preliminary loan document checklist, and introduce closing to the borrower—a collection of due diligence items and coordination of 3rd party vendors when necessary.
    • Pre-Closing – Obtain quotes and order necessary closing documents on behalf of the borrower, contact and coordinate with lender’s counsel, prepare estoppel certificates and subordination agreements when assigned, prepare First American Tax Valuation contracts, review loan documentation for compliance with loan commitment, contact the Servicing department regarding escrows, set-up charges, and insurance, and coordinate with the title insurance company.
    • Closing – Collect required fees, obtain copies of necessary closing documents, and coordinate with the lender’s counsel to receive a copy of the closing transcript, recorded documents, and the final title insurance policy.
    • Post-Closing – Send closing documents, estoppels, anchor tenant leases, and ground leases to the Servicing department, follow- up on post-closing requirements, and send tax contract to First American Tax Valuation.
  • Client Service – Responsible for providing investors and borrowers with prompt quality service in a friendly and professional manner.
  • Office Administration – Performs general office administration duties including support for all office functions as needed, including marketing initiatives and special projects requested by management. 
  • Servicing – Performs regional office servicing functions including annual property inspections, investor portfolio analysis, lease reviews/briefs, and normal routine regional office servicing duties through local market knowledge.
What We're Looking For:
  • A two- or four-year degree is preferred
  • Two to three years of experience in Commercial Mortgage Loan Closing or similar roles is preferred.
  • Excellent written and verbal communication skills
  • Skilled in efficiently handling various tasks concurrently within a fast-paced environment, with a robust aptitude for organization. Able to effectively prioritize assignments, manage multiple projects, and consistently achieve timely completion.
  • Excellent interpersonal skills with a Client service focus.
  • Proven ability to work independently with minimal supervision.
  • Strong work ethic, and willingness to work extended hours as needed based on transaction timelines.
  • Effective problem-solving skills appropriate to the position's responsibilities.
  • Ability to handle confidential information with discretion.
Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!   California Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Closing Analyst position is $80,000.00 annually or [$38.46 per hour] and the maximum salary is $95,000.00 annually [or $45.67 per hour]. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.PDN-9cbabc4d-53cd-48df-b86f-e0388c9a8fb3
Job Information
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Accounting
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Closing Analyst (San Francisco) - Commercial Real Estate Finance
NorthMarq
San Francisco, CA
Aug 25, 2024
unknown
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