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Form of work About the company:
Founded in 2008, Prime Finance is a fast growing, diversified commercial Real Estate credit investment platform. It seeks to deliver attractive returns to investors with a range of duration and risk/return options. Prime Finance has reached an inflection point in its growth trajectory which presents an immediate opportunity to accelerate that growth through further expansion of existing and new credit strategies as well as extensive investment in internal processes, systems, and resources.
Job Summary:
Join one of Prime Finance's five origination teams, generally organized by geography. Help team source and close bridge Real Estate Investment opportunities across property types including multifamily, office, retail, industrial, and hospitality. Responsible for creating an initial excel cash flow model for new investment opportunities based on the information received from counterparties. Organize and perform an initial analysis on the offering memorandum received from financing brokers or borrowers and present findings to supervisor. Assist in the organization of due diligence materials, credit and underwriting analysis, and writing sections of investment memorandums during the closing process for new investment opportunities.
Essential Functions:
Build initial property cash flow model to assess financing request
Determine which information provided by counterparty should be included and/or adjusted in the model
Conduct market research
Review multiple sources to determine market and property type health including interviews with market participants and first hand rent surveys
Contribute to the investment memorandum for investment committee
Create charts and commentary on the investment opportunity that will be presented to Prime's investment committee
Organize and track due diligence materials during the closing process
Determine what information is required and is outstanding as information is received from borrowers
Qualifications:
Bachelor's degree in related field in progress; preferred graduation date Spring/Summer 2025
Interest in Real Estate, Real Estate finance, finance
Experience in financial modeling in Excel and/or Argus Enterprise preferred
Strong business writing skills and ability to concisely compile information into a clear presentation format
General knowledge of Argus Enterprise
General knowledge of cash flow modeling
General knowledge of capital structures (difference between debt and equity)
Proficiency in Microsoft Office applications (Excel, Word, PowerPoint, Outlook)
The expected base pay for this role is $25/hour. In addition to base pay, this role may be eligible for a variety of financial, wellbeing, and health / welfare benefits.
CA Employee Privacy Notice:
https://www.primegrp.com/ccpa-info-current-and-prospective-employees/
Equal Opportunity Employer:
Prime Finance provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
