Special Servicing Asset Manager

C-III Capital Partners

(Irving, Texas)
Full Time Travel Required
Job Posting Details
About C-III Capital Partners
C-III Capital Partners, led by a management team with extensive experience and a track record for creating value, provides innovative real estate equity and debt solutions tailored to address the needs of our clients and investors. We are engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management and principal investment.
Summary
Position requires proactive asset management and timely resolution of an assigned portfolio of distressed commercial real estate mortgage loans through application of strong negotiation skills, comprehensive analytical skills, ability to comprehend complex loan documents, partnership documents, and evaluation of collateral performance and resolution alternatives. Senior Asset Managers are required to work with minimal supervision, assist management with development and implementation of procedures and participate as a mentor to less experienced asset managers. Senior Asset Manager’s portfolios will typically consist of larger, more complex loans (e.g., complex multi-debt structures (i.e., Parri Passu Notes, A/B Notes, Mezzanine Loans, etc.), multiple collateral properties, hospitality properties, healthcare properties, multi-jurisdictional structures, etc.).
Responsibilities
Position also requires * Engagement of and interaction with third party consultants including attorneys, receivers, management companies, appraisers, environmental engineers, structural engineers and surveyors, * Thorough understanding of and compliance with the governing loan documents, loan servicing agreements, REMIC regulations, investor reporting requirements and state and federal laws governing foreclosures, receivership actions, and bankruptcies, and * Participation in Special Projects (e.g., due diligence, etc.) as required. Travel required.
Ideal Candidate
* **Knowledge**: Candidate must have an understanding of complex loan and loan servicing agreements, sound knowledge of foreclosure and bankruptcy laws, and experience in managing commercial real estate loans secured by various income-producing property types such as multifamily, retail, office, industrial and hospitality properties. * **Skills**: Candidate must have strong analytical, negotiation, communication (both verbal and written), financial and computer skills. * **Experience:** Candidate must have at least ten (10) years experience in commercial real estate loan resolutions. Other experience such as real estate development, loan originations and real estate valuation is a plus. Four (4) year college degree from an accredited university in business, finance, accounting, real estate or law is required. Previous work in business or commercial real estate is preferred.

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