CBRE is the global leader in commercial real estate services and leverages the industry's most powerful knowledge base to meet the commercial real estate needs of its clients worldwide. Our vision is to be the preeminent, vertically integrated, globally capable real estate service firm. Globally we employ over 70,000 employees and operate in 48 countries.
CBRE has been ranked the industry's top brand by the Lipsey Company for 15 consecutive years and has been named one of Fortune's "Most Admired Companies" in the sector four years in a row. Through our values of respect, integrity, service and excellence, we maintain a relentless focus on creating winning outcomes for our clients, employees and shareholders.
The commercial real estate market is undergoing a significant and exciting change - driven by data and technology. Digital and Technology powered products play a vital role in CBRE's mission to create unmatched value for our clients.
A commitment to providing you with career growth opportunities within your CBRE career
An open source culture/atmosphere that encourages learning and contributing back to the community.
Energetic and collaborative teams and consulting partners
We support staying on top of the latest best practices and tools
A competitive compensation package, complete with benefits (Medical/Dental/Vision/401(k)/Disability)
WHO YOU ARE
Ideal candidate will have 4+ years of Underwriting experience in the Commercial Real Estate Industry preferably focused within the Multi-Family line of business. Experience with Agency, Freddie Mac/Fannie Mae is a plus. This individual will be able to manage several active deal's competing priorities that are at various stages within the process while forging and maintaining positive relationships.
This role will require occasional travel to complete necessary inspections within the North Central Region.
Role will be onsite at either the Downtown Chicago Office or the Oakbrook Office.
Responsible for evaluating loan requests, assessing key areas of risks and conformance with CBRE and Freddie Mac credit standards and program requirements. Reviews and prepares field underwriting submissions for loan committee and investor submission.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery of investor packages.
Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure.
Reviews, amends and/or prepares Underwriters narrative and underwriting packages on new loan requests.
Reviews underwriting due diligence information and integrates real estate information from market research reports and other third-party sources.
Interfaces and collaborates with department support staff i.e. production analysts. Reviews and submits post-closing underwriting loan delivery packages to Freddie Mac.
Other duties as assigned.
No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May lead project teams and/or plan and supervise assignments of lower level employees.
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.