Asset Management Analyst - Multifamily - Clearwater, FL

Jones Lange Lasalle Inc. Clearwater , FL 33755

Posted 3 days ago

Currently seeking an Asset Management Analyst to join the JLL Multifamily Asset Management team in Clearwater, FL. Analyst will perform a wide variety of work related to Servicer Forwards, Mod/Rehabs and Repair tracking, primarily reviews, conducts evaluations of engineering construction reports, construction contracts, loan agreements and will be responsible for funding construction draws, tracking repairs due dates and requesting Lender extensions as appropriate.

Responsibilities and Duties:

  • Monitors and tracks construction progress across JLL Multifamily portfolio, for Forward Commitments, Mod/Rehabs and Repairs.

  • Reviews Construction Monitoring Reports and change orders for various projects to evaluate progress, performance, assesses issues and mitigate risk.

  • Evaluates construction draw/disbursement packages to determine if Lender requirements for funding are satisfied and responsible for funding Mod/Rehab draws/disbursements

  • Maintain draw tracking spreadsheets and frequent interaction with Borrower clients, engineers and government agencies. Quality communications is a fundamental responsibility of the position.

  • Coordinate and track vendor billing, obtains disbursement approvals and procures construction funding, where applicable

  • Responsible for documenting files, processing change to scope of work and extensions via loan amendments

  • Monitoring project occupancy and financial performance during construction phase, to assess and mitigate risk.

  • Monitors and tracks all completion repair agreements, tracking due dates, documenting file and processing extensions.

  • Monitors and manages annual portfolio requirements for Physical Needs Assessment (PNA, PCR), review reports and implements next steps as needed.

  • Other duties as assigned

The Asset Managment Analyst must demonstrate attention to detail, organization, analytics and work independently in a reliable manner to meet deadlines and delivery dates. This position requires the candidate to be a self-starter who can work independently to ensure workflows in pipeline are continuous.

Qualifications:

  • Knowledge in Multifamily engineering, construction building/practices, construction funding or sufficient experience in a related field, a plus

  • Knowledge of AIA, G702, G703, title updates, lien waivers, construction budget, rent rolls, financials, construction contract, schedule of values, draw/disbursement processes, a plus

  • Background in Fannie Mae, Freddie Mac Multifamily real estate, a plus

  • Must be proficient in Microsoft Excel and Word

  • Strong math, verbal, writing and organizational skills

  • Exceptional time management skills, with ability to perform under demanding deadlines, multitasking and working on a high work volume

  • Ability to deal directly with clients and lenders in a professional manner, work independently and in a team environment

  • Exceptional time management skills

  • Bachelor degree preferred

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Asset Management Analyst - Multifamily - Clearwater, FL

Jones Lange Lasalle Inc.