Real Estate Analyst
Hendricks Berkadia
 Chevy Chase, MD

The Opportunity

This position will support the branch originators in our office with complex commercial mortgage deals and could include assisting with the marketing of our products and services to potential customers and interacting with the borrowers through the underwriting process.

  • Review and analyze the current and historical income and expense of a property together with all additional and relevant information, and to determine the terms and conditions of the loan.
  • Prepare a formal loan submission for lenders which include writing a narrative report recommending, justifying and describing not only the loan request but also the relevant and supporting information.
  • Answer questions from lenders generated by the submission and research, analyze and provide additional information on request.
  • Bids are solicited from companies and proposals approved for the provision of the Appraisal, Engineering and Phase I Environmental Reports.
  • Formal lender submissions for Loan Commitment purposes for Life Insurance Company lenders and for Early Rate Lock for Freddie Mac loans, are generated. The submissions are very detailed and address specific lender requirements. Land and building values together with market rental rates for the property are determined based on an in-depth analysis of buildings and rents comparable to the subject.
  • Review submissions to other lenders generated by in-house closing/processing staff.
  • Draft copies of the Appraisal, Engineering and Phase I Reports are reviewed and changes are negotiated, if required. Order, review, approve and submit Credit Reports on various companies, i.e. borrowers and tenants.
  • Assist Loan Processors in Pipeline entry.
  • Compile market research data and maintain database of information.
  • Interact with the borrower throughout the underwriting process.
  • Assist branch originators in their marketing of company products and services.
  • Review and analyze current and historical income and expenses of a property and determine the terms and conditions of the loan.
  • Perform financial cash flow, cost report analysis.
  • Prepare loan submission packages for lender review. Order and review 3rd party reports, including appraisals, environmental inspections (if necessary), property condition inspections and seismic reports (if necessary) for loans under application.
  • Complete property inspections.
  • Correspond directly with mortgage bankers, borrowers and clients.
  • Assist in the closings of loans.
  • Draft copies of the appraisal, Engineering and Phase I reports are reviewed and changes are negotiated, if required.
  • Order, review, approve and submit Credit reports on various companies, i.e. borrowers and tenants. Review and analyze current and historical income and expense of a property along with all additional and relevant information; determine the terms and conditions.
  • Prepare formal loan submission for lenders which includes writing a narrative report recommending, justifying, and describing not only the loan request but also the relevant and supporting information.
  • Answer questions from lenders generated by the submission; research, analyze, and provide additional information on request.
  • Generate formal lender submissions for loan commitment purposes for Life Insurance Company lenders and for early rate lock for Freddie Mac loans. The submissions are very detailed and address specific lender requirements. Land and building values together with market rental rates for the property are determined based on an in-depth analysis of buildings and rents comparable to the subject.
  • Review submissions to other lenders generated by in-house closing or processing staff.
  • Draft copies of the appraisal, engineering, and Phase I reports; changes are negotiated, if required.
  • Order, review, approve, and submit credit reports on various companies such as borrowers and tenants.
  • Assist loan processors with Pipeline entry.

What someone will need to be successful in this role

  • Ability to adhere to Berkadia's policies and exhibit proficiency and understanding of Berkadia's Values
  • Strong communication skills, both written and verbal;
  • Ability to work in a team environment and adapt to a rapidly changing environment;
  • Ability to maintain confidentiality and adhere to organization policies and procedures
  • Strong attention to detail, accuracy, and consistency
  • Bachelor's degree or equivalent
  • Four to ten years of experience in a similar position

Employee Benefits

  • 18 PTO days

    • 2 floating holidays & 10 paid holidays per year

  • Generous tuition reimbursement towards a Masters or Bachelors degree
  • 401K match up to 6%
  • 12 weeks of 100% paid paternity/maternity leave
  • Mentorship with industry professionals