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Director of Asset Management

$100k - $150k

Newmark ltd

Vice PresidentSpring11, 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.Spring11 is currently seeking a Vice President to join our growing team to work on a diverse portfolio of transitional commercial loan assets, including ground-up construction, spanning various property types and regions. The Vice President will be tasked with providing asset management support and qualitative and quantitative loan underwriting for a growing portfolio of commercial real estate loans. The ideal candidate for the role has a bachelor's degree (or higher education) in addition to a minimum of 8 years of commercial real estate experience including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting.ResponsibilitiesESSENTIAL DUTIES:Provide commercial real estate analysis and debt underwriting across all markets and property typesMonitor each position's performance relative to underwriting, budget, and covenants within loan documentsCoordination with and/or management of various third-parties including servicers, borrowers, lenders, and construction consultants, amongst othersReview 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 metrosMonitor performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testingComplete quarterly asset updates for various assetsUpdate and/or create credit committee presentation memos for loan modificationsWork collaboratively to achieve department and firm objectivesContribute to the oversight and mentorship of junior staff members to support an expanding Asset Management platformQualificationsSKILLS, EDUCATION AND EXPERIENCE:Bachelor's Degree in Real Estate, Economics Finance or other related field requiredMinimum 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 underwritingMust be proficient in Microsoft Excel and PowerPoint; ARGUS experience preferredExcellent verbal and written communication skillsMust possess the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior managementAbility to work in a fast-paced and quickly changing environmentSALARY RANGE: $100,000 - $150,000 annuallyThe 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: Normal working conditions with the absence of disagreeable elementsNOTE: 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.Job InfoJob Identification 248559Posting Date 05/18/2026, 08:02 PMLocations Atlanta, GA, United StatesJob Schedule Full time

Vacancy posted 2 days ago
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