Junior Originator
$35k - $37kMarcus & Millichap
Junior Originator
Marcus & Millichap is the nation's leading brokerage firm specializing in real estate investments with offices nationwide. Marcus & Millichap offers owners and investors the nation's most comprehensive real estate research and analysis for all types of income-producing property.
Marcus & Millichap Capital Corporation, a subsidiary of Marcus & Millichap, Inc. (NYSE:MMI), is seeking a Junior Originator to support origination efforts for the company's rapidly growing commercial real estate capital markets advisory platform in Phoenix, AZ.
The anticipated salary range for candidates who will perform work in Arizona is $35,000 $37,000 per year, plus commission, depending on experience, individual performance, transaction volume, and market conditions. Marcus & Millichap is a multi-state employer and posted salary ranges are provided in good faith for compliance with all relevant pay-transparency regulations. These ranges may not reflect potential compensation for positions based in other states or regions.
Key Responsibilities
- Responsible for identifying and sourcing new and existing clients in need of commercial real estate debt, equity, and other advisory services.
- Proactively develop, foster, and maintain strong relationships with owners, operators, and developers of institutional quality commercial real estate assets for debt and equity origination opportunities.
- Responsible for originating, structuring, and closing commercial real estate financing transactions.
- Use credit skills to identify strengths and weaknesses of a transaction, while creating structural features to mitigate risks.
- Work closely with senior originator to grow the capital markets advisory platform.
- Utilize the full resources of Marcus & Millichap to assist in originations, underwriting, risk mitigation, and closing.
- Provide advisory services to clients with a goal to obtain "trusted advisor status".
- Participate in presentations and pitches with new and existing clients.
- Monitor micro/macro CRE market conditions, attend CRE related conferences, and participate in industry events to identify and source new financing opportunities.
Key Attributes / Experience
- Minimum of 2 years of relevant commercial real estate experience, whether advisory, investment banking or other related areas, and a willingness to actively market to and call on potential new client relationships.
- Proven track record in, or basic understanding of the process of originating, underwriting and structuring commercial real estate debt and equity mandates.
- Excellent due diligence, analytical, negotiating, deal structuring, and financial skills.
- Team player who can also assist with the structuring and execution of deals sourced by Senior Originators.
- Independent worker with strong client management skills and attention to details, and an ability to adjust to ever-changing business environment.
- High level of integrity and professionalism with a hands-on, proactive style.
- Entrepreneurial mindset with the motivation to play a critical role in the growth of a platform, within an established organization.
- Collaborative approach to building business.
- Strategic thinker coupled with the ability to dive into details.
- Effective written and oral communication skills with a direct and open communication style.
- Ability to contribute to a positive, supportive Marcus & Millichap culture.
- Travel as appropriate.
- BA required, advanced degree in commercial real estate or finance preferred.
Benefits Marcus & Millichap offers a comprehensive benefits package designed to support employees' health, well-being, and financial security. Eligible employees may have access to the following benefits, subject to the terms of applicable benefit plans: Health, dental, and vision insurance Paid time off and paid holidays 401(k) retirement plan with employer matching contributions Life and disability insurance Employee Assistance Program (EAP) and wellness resources Benefits eligibility, coverage, and employer contributions may vary based on position, employment status, location, and length of service. This summary is provided for informational purposes only and does not constitute a guarantee of benefits. Additional details will be provided during the hiring process or upon request.
At Marcus & Millichap Capital Corporation, we strive to be the best place to work and to be the best commercial real estate financial intermediary. Our valued employees help make this vision a reality by consistently working to exceed the expectations of our clients.
Marcus & Millichap Capital Corporation is the real estate capital markets platform of Marcus & Millichap, Inc. With over 200 employees in offices across the United States and Canada, the Company provides commercial real estate capital markets financing solutions including debt and mezzanine financing, preferred and joint venture equity, sponsor equity and loan sales. The Company averages over 2,000 closed transactions annually. Marcus & Millichap revolutionized the real estate brokerage industry. The firm was designed to go far beyond simply facilitating real estate transactions. It was developed as an entire system dedicated to maximizing value for real estate investors.
In 1971, founders George Marcus and William Millichap launched a new real estate investment business model based on a unique method of matching each property with the largest pool of pre-qualified investors. This simple premise, coupled with an unfailing drive to measure success by client satisfaction, enabled the company to emerge as the industry's pre-eminent real estate investment services firm. The founders' vision has been realized by a commitment to specialization, the willingness to foster a culture of information sharing and the foresight to pioneer real estate technology. Today, Marcus & Millichap is the industry's largest firm specializing in real estate investment sales, financing, loan sales as well as a leading source of research and advisory services. Marcus & Millichap is an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under federal, state, or local law.
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