Analyst. CMBS/CRE
DoubleLine is seeking a highly energetic and motivated analyst to join the CMBS/CRE team. The candidate will play an integral role in the CRE loan investment and asset management processes.Job FunctionsUnderwrite CRE debt investments across senior mortgage, mezzanine and preferred equityEvaluate new investment opportunities from the pipeline; screen, size and price deals; assess borrower business plans, capex programs, leasing, and market dynamicsPrepare investment memoranda and present underwriting, risks, mitigants and relative valueLead and coordinate due diligence: third-party reports (appraisal, environmental, engineering), lease and operating statement audits, background/KYC, and market/tenant studiesSupport transaction execution and closingAssist with asset management: performance and covenants, perform re-underwriting as neededSupport capital markets activities for participations, warehouse and securitizationQualificationsBachelor’s degree required5 to 7 years experience in CRE credit/underwriting; bridge and/or LifeCo exposure preferredDemonstrated ability to lead underwriting and closing workstreams with limited supervisionAdvanced Excel modeling skills; proficiency with ARGUS Enterprise strongly preferredStrong grasp of loan structuring and documentationBroad familiarity with U.S. CRE property types and geographiesOrganized, detail-oriented, and able to manage transactions in parallel under tight timelinesBase Salary RangeThe estimated base salary range for this position is $125,000 - $175,000 In addition to base salary, this position is eligible for an annual discretionary bonus, plus a comprehensive benefits package.