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22 Nov 2021

Full-Time CRE Closer

RealtyMogulHR – Posted by RealtyMogulHR Anywhere

Job Description

About RealtyMogul

Our mission is to simplify real estate investment by connecting investors to high quality commercial real estate transactions. Real estate is the most popular asset class in the world, and probably the most fraught with peril for the individual investor. Individuals have extremely limited information and access beyond their own neighborhood. The ability to do due diligence is minimal, and it is complex to negotiate, purchase, manage, and liquidate.

RealtyMogul was created to make this asset class available. We allow our investors to buy portions of properties instead of entire ones or get exposure to multiple properties via third party funds or our proprietary REITs. We source the partners or investments ourselves, diligence them ourselves and walk every property that we offer up for investment.

We have been at it since 2012 and have backed more than 90 operating partners across the country in addition to building our own direct acquisitions team. We have learned what a great property that is well managed looks like. We leverage our experience to find the best deals, actively asset manage, and maximize our investors’ returns.

Today we are one of the largest, most recognizable brands in online real estate crowdfunding, with over $700 million in capital invested into over $3.5 billion of real estate nationwide. We were named the #1 Commercial Real Estate Crowdfunding Platform by Motley Fool. We remain focused on building the best online experience to enable investment into highly vetted commercial real estate assets and to educate our growing user base about the many aspects of real estate investing, all through an online, scalable platform.

About Your Role:

This dynamic position supports the Realty Mogul LP Division in the coordination of Due Diligence and Transaction Closing between all parties.

Must be authorized to work in the US.

While we are located in Los Angeles, this role is remote.

What You’ll Do:

  • Responsible for collecting, reviewing and/or negotiating Commercial Real Estate (CRE) transaction documents, while protecting RealtyMogul and RealtyMogul’s investor interest.
  • Review and collect documents such as the partnership agreements, title commitments, insurance, lease agreements, loan agreements and other documentation pertaining to the transaction.
  • In addition to acquisitions, construction, and development, which are standard transactions; transactions may also include closed end funds, unsecured and secured borrowing bases, subscription lines, and various other complex transactions and or offerings.
  • Partners with the Head of Underwriting and Internal Legal Counsel as primary liaisons with customers, attorneys, construction consultants and title company representatives, during all phases of financing and closing.

Who You Are:

  • Seven or more years of experience in CRE acquisitions or CRE lending
  • Considerable knowledge of commercial real estate including tax credit transactions, borrowing base lending, multi-phased construction, and transactions secured by multiple collateral properties
  • Strong technical expertise in CRE transaction management functions
  • Demonstrated ability to close commercial real estate transactions
  • Advanced knowledge of commercial real estate finance, law, documentation, accounting, and data systems
  • Knowledge of Rule 506(b) and 506(c) offerings
  • Proficiency with Microsoft Office
  • Strong attention to detail and strong communication skills
  • You are proactive, comfortable working in an entrepreneurial environment with a strong interest in the real estate private equity industry
  • Bachelor’s degree, or equivalent experience

How to Apply

Job Categories: Equal Opportunities. Job Types: Full-Time. Job Tags: commercial real estate. Salaries: 100,000 and above.

Job expires in 31 days.

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