Loan and Investment Broker
2 weeks ago
About Our Client
Our client is an established and growing residential real estate owner/developer/builder, based in Markham, and dedicated to offering high-quality low and mid-rise residential products to their clients across the GTA, South Western ON, and Western Canada. The company prides itself on providing high-quality lifestyle solutions to its clients, offers a competitive compensation package and culture, and strong career growth trajectory.
Due to current growth and new upcoming real estate development project phases, the business is looking to secure an experienced Loan and Investment Broker, with underwriting experience to join their head office team. p>
- Work closely with the President and CEO in the acquisition and award of new construction loan financing and investment capital to be utilized for the development and construction of the company's real estate land portfolio.
- Utilize your network and cultivate relationships with potential lenders and investors in order to secure new capital and monetary resources for company construction projects.
- Prepare loan documentation packages to be submitted to third-party lending institutions for approval on project financing.
- Advise internal leadership on the best course of action and approach to maximize the potential for desired loans and project financing to be awarded.
- Work collaboratively with the internal finance and accounting, real estate development, and construction teams to ensure accurate and timely collection and provision of required information and materials to third-party lenders.
- Strong track record of brokering construction loans and investments for residential land development projects of low-rise production or condominium builds, loan or investment values up to and in excess of $50M per transaction.
- Strong cultivated network and database of lending and investment contacts to draw upon for generation of new loan and investment financing funds.
- Direct experience working in a commercial brokerage or lending institution in a dedicated loan underwriting position, with direct experience underwriting construction loans of $30M-$50M in value for residential building developers.
- Direct experience in residential construction underwriting and draw financing.
- High level of proficiency in Microsoft Office Suite products, such as Word, Excel, and Outlook.
- Health and Dental Benefits
- Competitive Vacation Allotment
- Incentive compensation based on successfully brokered deals
- Career Progression / Excellent Company Culture
Salary will be commensurate with experience. This is a fully office-based role in Markham, ON.
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