Underwriter

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $12 billion in loan originations in 2024. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do. At Greystone, everything we do is driven by our purpose of improving others' lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don't just say "Where People Matter" - we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering, cultivating, and preserving a culture of inclusion through recruiting and career development practices, creating equity companywide, and exemplifying belonging. Diversity, Equity, and Inclusion is at the heart of our culture of caring, integrity and excellence, and is a driving force behind our entrepreneurial spirit and creativity. We are seeking a Healthcare Underwriter in our Bridge Lending Group. The Bridge Lending Group is responsible for all balance-sheet lending activity at the firm, including Bridge and Mezzanine lending. The portfolio typically consists of $1-3 billion in loans at any given time, principally focused on transitional financing provided with a view towards exit via permanent financing provided by Greystone via its Fannie, Freddie, and FHA lending programs.Primary Duties and Responsibilities: Complete initial analysis of proposed transactions by analyzing risk and assessing factors such as market dynamics, tenant demand, financial performance, leverage, physical condition, and sponsor creditworthinessCollaborate with junior underwriters to issue quotes and applications to prospective clientsIdentify potential risks and challenges associated with a transaction and provide ideas for solutions and risk mitigantsManageoversee transactions from engagement through closing, helping to ensure the most timely process and most positive customer experienceOversee a team of underwriters and analystsKeep client and originator apprised of transaction progressPrepare Loan Committee memorandaFacilitate review and approval of required legal documentationComplete hand-off of closed loans to Servicing and Asset ManagementExperience, Skills, and Abilities Required:Bachelor's degree in Finance, Accounting, Business Administration or Related FieldMinimum of 7-10 years of prior transactional experiencePrior experience with underwriting of healthcare loans with FHA, Fannie Mae, and Freddie Mac is strongly preferred. Experience with financing for Assisted Living andor Skilled Nursing is a requirement Experience managing teamsSuperb written and oral communication skillsAbility to work independently or collaboratively on projectsProactively navigate special projects as assigned with minimal oversightHighly organized and capable of prioritizing and executing multiple assignments at the same timeWorks well under pressure and tight timelinesCombines a customer-focused origination mentality with strong credit underwriting skillsProficient in Microsoft Office Products, with an emphasis on Excel, PowerPoint, and WordAt Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO employer.Greystone offers a competitive base salary and bonus. The base salary range for this position is $121,000 to $149,000year. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process. *The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.* *For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing Company LLC and excludes risk sharing and hospital loans.*

Created: 2025-02-21