Real Estate Finance & Investment Specialist – Underwriting, Transaction Management

This is a fully remote position, open to applicants in Maryland, +2 more states.

📋 Description

• Oversee the preparation of predevelopment financing applications and compile financial, technical, and program-related documentation.

• Manage designated transactions and workflows from the initial application review through subsequent steps.

• Perform eligibility assessments and financial feasibility evaluations.

• Design and assess financing strategies for energy efficiency, utility efficiency, and enhancements for natural hazard resilience.

• Supervise underwriting processes and due diligence for predevelopment and subordinate loans until closing.

• Coordinate with internal teams, borrowers, legal advisors, consultants, and external vendors.

• Analyze operational performance, rent rolls, market trends, development budgets, and financing assumptions.

• Evaluate cash flow, debt capacity, transaction viability, and credit risk.

• Underwrite preferred equity investments while assessing capital structures, distribution waterfalls, sponsor economics, projected returns, exit/refinancing assumptions, and risk mitigation strategies.

• Create and review Excel-based financial models.

• Conduct site visits and evaluate appraisal, engineering, environmental, zoning, flood, title, and insurance reports.

• Assess the creditworthiness of borrowers and sponsors.

• Draft underwriting and investment memoranda, presenting findings and recommendations to Credit and Investment Committees.

• Identify and communicate risks related to credit, execution, and closing, while proposing viable solutions.

• Maintain due diligence checklists, application timelines, and transparency in the transaction pipeline.

• Review borrower reports, detect emerging issues, and facilitate follow-up or escalation as necessary.

⛳️ Requirements

• Bachelor's or Master's degree in Finance, Economics, Urban Planning, Real Estate, or a closely related field is preferred.

• A minimum of five years of experience in multifamily real estate underwriting, equity investment analysis, or structured finance is preferred.

• A proactive self-starter capable of working independently.

• Strong sense of ownership and accountability.

• Collaborative and relationship-oriented approach.

• Ability to manage uncertainty, apply sound judgment, prioritize tasks, and operate with incomplete information.

• Exceptional analytical, problem-solving, and organizational abilities are essential.

• Proficiency in Microsoft Word, Excel, PowerPoint, and Adobe products.

• Familiarity with effectively utilizing AI platforms and tools.

• Strong financial modeling skills in Excel, particularly in real estate cash flow models, debt sizing, investment returns, and sensitivity analyses are preferred.

• Knowledge of preferred equity and subordinate capital structures is preferred.

• Understanding of HUD multifamily programs and/or loan products from Fannie Mae and Freddie Mac is recommended.

• Familiarity with energy efficiency, renewable energy, and natural hazard resilience building measures is preferred.

• Excellent written and verbal communication skills.

• Candidates must be authorized to work in the United States.

• CPC does not offer employment sponsorship.

🏝️ Benefits

• Competitive salary package.

• 401(k) retirement plans with employer matching contributions.

• Comprehensive medical, dental, and vision coverage for employees and their dependents.

• Commuter benefits.

• Paid time off for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability.

• Tuition assistance program.

• Two “work from anywhere” weeks annually.

• Summer Fridays.

• Collaborative work environments.

• Service days dedicated to community support.

• Employee development and engagement initiatives.

• Performance-based bonuses (as outlined in the compensation summary).