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Affordable Housing Owner-Operator & Development
Senior Mortgage Originator

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We’ve been retained by one of the largest premier providers of financing solutions for Real Estate and Affordable Housing across the U.S., offering a broad array of innovative products including balance sheet lending for both gap and permanent financing plus bridge to re-syndication preservation loans, credit facilities, CMBS, structured finance, private placement, equity capital and investment banking.
The Company
Top-tier, multibillion-dollar Commercial Real Estate financing and lending platform that has been recognized for “best in class performance” with numerous consecutive top awards for CRA and has also been recognized as a top employer for diversity and equality efforts, community involvement, and leadership. They tout industry-leading services tailored to each relationship, proprietary channels for sourcing investment opportunities, and highly collaborative internal processes. Their team-oriented, supportive culture and long employee tenures with almost no turnover differentiate our clients’ competitive advantages that are sought after by many in our industry.
  • One-stop shop debt and equity/investment platform that brings together balance sheet, equity/investment and permanent loan offerings as well as has established FHA, HUD, and agency relationships
  • Community Development platform is a big focus for this financial institution; they hired 25+ new team members last year and have a large hiring initiative with a commitment to significant growth
  • Mission-oriented and committed to doing good work for their clients and communities as well as our industry
  • Significant importance placed on being a part of training the next generation of Affordable Housing leaders and offering established training programs to young professionals
  • Culture of encouragement to be champions for each other and for clients
  • People want to work here!
  • Impressive tenure across the platform and departments with very minimal turnover
  • Keen on market trends and have proven they can be successful in a variety of economic conditions over their 30+ years in the industry
  • Team mindset across this platform; no sharp elbows, people are not territorial; everyone wins together and is moving in the same direction to achieve like-minded initiatives
  • Unmatched reputation and relationships with for-profit, non-profit, and government entities with the goal of havingthe best platform
  • Entrepreneurial approach, innovative products, industry-leading service, and results-oriented style
The Opportunity
Newly created position due to growth and continuous national expansion offering the opportunity to lead Origination efforts and be the Senior Mortgage Banker for the California market. This company’s national presence and highly positive reputation will open up more lending opportunities for your clients as well as help to bring on new clients and grow your book of business.
Additionally, this financial institution’s uniquely collaborative process across business/product lines will allow you to readily collaborate with tenured Relationship Managers in your region that have deals seeking your debt products, and therefore, not only increase your annual production potential, but also the product suite you can offer your clients.
Utilize your extensive knowledge of Affordable Housing lending to structure creative financing solutions and continue to grow the team and platform through origination of long-term, multifamily loans on behalf of investors including Fannie Mae, Freddie Mac, FHA, Affordable Housing, CMBS Partners, Life Companies, etc.
Scope of Responsibility
  • Partner with Regional Managers and Relationship Managers to strengthen existing relationships and identify new relationships to pursue with owners of real estate who need the debt products available through this permanent lending platform
  • Create and maintain relationships with a variety of clients and prospects throughout designated territory including for-profit and non-profit developers and housing authorities of all sizes and varying levels of sophistication
  • Represent this platform in the marketplace including attending and participating in industry conferences, speaking on panels, serving on community-based boards and committees, etc.
  • Demonstrate a consultative sales approach while implementing creative selling and innovative problem-solving techniques uniquely tailored for each client and maintain your own book of business
  • Co-manage portfolio of maturing loans and position company to provide the permanent financing
  • Proactively provide refinancing alternatives to existing customers
  • Help create and implement exit strategies
  • Exemplify strong product knowledge to clients and prospects while showcasing the company’s full product capabilities and the ability to utilize those capabilities to meet the client’s specific business needs
  • Actively help this platform meet both on-balance-sheet efforts and off-balance-sheet efforts
  • Develop and maintain long-term relationships with appropriate clients of the Community Development platform, both investor and borrower clients, and interact in a clear and professional manner that protects and deepens trust and the relationship
  • Maintain compliance with company policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of this company
Ideal Background/Skill Set:
  • Bachelor’s Degree with 5+ years of experience in LIHTC and Affordable Housing permanent lending with a successful track record of loan production
  • Well-versed and experienced with Fannie Mae DUS, Multifamily Affordable Housing, Freddie Mac Targeted Affordable Housing, and HUD
  • Established track record of originating at least $100M in annual production with any of the loan products highlighted above
  • Knowledge and expertise with federal and local affordable housing programs including IRS Section 42 4% and 9% LIHTC programs, real estate tax abatements, TIF financings, CDBG loans, HOME Loans, Section 8 programs, and other local affordable housing programs and other non-traditional investment products and programs
  • Ability to structure permanent loans and appropriately assess and minimize risks typically presented by the applicable program
  • Maintain strong and current knowledge of the markets that you cover with regard to both commercial real estate as well as overall economics with the ability to counsel borrowers, investors and management with regard to the markets they cover
  • Strong sales and marketing skills with specific experience in negotiating the loan products mentioned
  • Team player and motivated self-starter with an entrepreneurial approach
  • Exceptional critical thinking and problem-solving abilities
  • Strong quantitative and financial analysis skills with the ability to review and evaluate borrower financial statements to include portfolio analysis and projections based upon borrower financial strength and both current as well as projected market conditions
  • Strong written and verbal communication skills and strong negotiation skills
  • Proficient in spreadsheet and word processing software
  • Flexibility and willingness to travel frequently
KM Partners’ national Executive Search and Professional Recruitment practice areas focus on high-growth, impact-investment-oriented businesses across relevant industries, including Investment Management, Real Estate, Clean Energy, Sustainable Infrastructure, and related Business and Professional Services. With a core focus in Tax Credits (LIHTC, NMTC, Historic, & Renewable), Multifamily, Affordable and Senior Housing, we partner with clients and place industry-specific professionals throughout the United States. At KM, we have established an unparalleled track record of repeat business and success recruiting in niche practice areas, including 140+ placements in Affordable Housing, which have led to 50+ promotions to date. We represent C-level Executive Leadership, Middle Management, and experienced Associates across industry professions.
If qualified, please contact:
Kelly Erbe | Senior Director
414.581.6094 |
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