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Commercial Multifamily Underwriter at Berkadia Main Careers Site

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Updated: October 4, 2017



The Commercial Real Estate Underwriter is responsible for analyzing and underwriting potential loans on complex commercial real estate loan applications across a broad spectrum of asset types.  The main duty of the Underwriter is to determine whether potential borrower presents an acceptable level of risk.  



  • Analyze and review borrower credit information and structure, third party reports, property financial and physical information to determine deal viability;

  • Perform site inspection due diligence to evaluate market competitiveness of the proposed collateral and to determine economic feasibility of the projected income stream;

  • Prepare underwriting narratives and independent cash flow value estimates, focusing on large, complex transactions, including multifamily, office, retail, and construction loan deals;

  • Present recommendations to the appropriate approval committee, including all key documentation (term sheets, applications, commitments, credit memos, etc.);

  • Communicate consistently with the Company’s mortgage banking network and manage borrower clients through the approval and closing process;

  • Collaborate with loan officers, loan closers, and legal counsel to move loan requests through the approval and closing process;

  • Conduct and participate in customer meetings and conference calls;

  • Cross-train across the Company’s various products and exit strategies to cultivate ability to underwrite a variety of deal types.



  • Bachelor’s degree required;

  • Minimum of 3 (three) years of progressive commercial real estate experience in underwriting, with knowledge of the origination and securitization process;

  • Detailed knowledge of commercial real estate underwriting, including the development of cash flow forecasts and pricing metrics;

  • Ability to work in a fast paced environment and move quickly through assignments to ensure deadlines are met;

  • Excellent oral and written communication skills;

  • Must be proficient in MS Office Suite.