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Director of Asset Management

$100k - $150k

Newmark ltd

Overview Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2026, Newmark generated revenues of more than $3.4 billion. As of March 31, 2026, Newmark and its business partners together operated from over 185 offices with more than 9,600 professionals across four continents. To learn more, visit nmrk.com or follow @newmark. Spring11, an affiliate of Newmark provides a full suite of commercial real estate services to a wide range of clients including some of the world’s largest banks, debt and equity funds, REITs, life insurance companies, brokerages, and investors throughout the United States and Europe. Our team consists of over 600 employees based in New York, Atlanta, Houston, Boca Raton, Kansas City, and Chennai, India. Responsibilities ESSENTIAL DUTIES: Provide commercial real estate analysis and debt underwriting across all markets and property types Monitor each position’s performance relative to underwriting, budget, and covenants within loan documents Coordination with and/or management of various third-parties including servicers, borrowers, lenders, and construction consultants, amongst others Review and approve draw requests for renovation and ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros Monitor performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing Complete quarterly asset updates for various assets Update and/or create credit committee presentation memos for loan modifications Work collaboratively to achieve department and firm objectives Contribute to the oversight and mentorship of junior staff members to support an expanding Asset Management platform Qualifications SKILLS, EDUCATION AND EXPERIENCE: Bachelor’s Degree in Real Estate, Economics Finance or other related field required Minimum of 8 years of experience in commercial real estate is required, including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting Must be proficient in Microsoft Excel and PowerPoint; ARGUS experience preferred Excellent verbal and written communication skills Must possess the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior management Ability to work in a fast-paced and quickly changing environment Salary SALARY RANGE: $100,000 - $150,000 annually The expected base salary for this position ranges from $100,000 to $150,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.). Working conditions WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law. #J-18808-Ljbffr

Vacancy posted 4 days ago
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