Real Estate Underwriting Associate Job at Selby Jennings, Dallas, TX

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  • Selby Jennings
  • Dallas, TX

Job Description

A leading global advisory platform is seeking an Associate, Underwriting to join its real estate investment team, supporting both underwriting and asset management functions across a diverse portfolio of commercial real estate debt and equity investments. This role offers exposure to a wide range of asset classes and capital stack positions, with a focus on high-impact, data-driven investment analysis and execution.

Key Responsibilities
  • Underwrite complex commercial real estate transactions across the capital stack, including senior mortgages, mezzanine loans, B-notes, preferred equity, JV equity, and non-performing loans (NPLs).
  • Conduct property-level due diligence and financial modeling for multifamily, industrial, hospitality, retail, and office assets.
  • Prepare detailed credit memorandums outlining investment rationale, underwriting assumptions, risk analysis, sponsor review, and market dynamics.
  • Support structuring and legal review of transactions in collaboration with senior investment professionals and legal counsel.
  • Assist in the formulation of investment strategies for new and existing positions, including scenario modeling and market research.
  • Contribute to asset management initiatives through performance tracking, borrower engagement, and strategic repositioning efforts.
Qualifications
  • 3 - 5 years of experience in commercial real estate, with a focus in underwriting, loan origination, debt/equity asset management, or loan workouts.
  • Strong proficiency in Excel and Argus; ability to interpret complex debt structures and cash flow waterfalls.
  • Bachelor's degree in Finance, Economics, Real Estate, or a related field.
  • Excellent communication skills, both written and verbal, with a collaborative and proactive approach to problem-solving.
  • High level of professionalism, integrity, and attention to detail.

Asset Class Exposure

Multifamily | Industrial | Office | Retail | Hospitality | Structured Credit

Job Tags

Work at office,

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