Spring11 - Asset Management - Associate (Client Facing)

NEWMARK:

(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 September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents.

SPRING11:

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.

JOB DESCRIPTION:

This role will be dedicated to one of our clients, a leading global alternative investment manager with $40 billion in assets under management. Our client is seeking an Associate-level professional to join their growing Asset Management team. This role provides broad exposure to underwriting, structuring, modeling, portfolio management, and special situations across the firm’s real estate debt platform.

The Associate will be an integral member of a small, entrepreneurial, and growing team managing a multi-billion-dollar debt investment platform. The platform invests across the capital structure: including first mortgage loans, mezzanine loans, preferred equity, and fixed-income securities, and spans multiple property types such as multifamily, seniors housing, student housing, medical office, self-storage, and specialty industrial assets.

LOCATION:

This position will be based out of the firm’s Boca Raton, Florida / Overland Park, Kansas City / or Atlanta, Georgia office.

ESSENTIAL DUTIES:

• Contribute to the execution of special situations and workouts, including loan modifications, restructurings, negotiated resolutions, enforcement strategies, and REO-related analysis and oversight.

• Support the active management and surveillance of a diverse portfolio of commercial real estate debt investments, with significant exposure to transitional assets and complex credit scenarios.

• Perform detailed financial analysis, underwriting, and cash flow modeling, including downside, stress, and recovery scenarios, to support asset-level and portfolio-level decision making.

• Maintain and update property- and loan-level underwriting, including variance analysis between internal assumptions and borrower-provided projections.

• Assist in identifying and monitoring credit risks related to collateral performance, sponsorship, structure, and market conditions, and support the preparation of risk ratings and credit memoranda.

• Support ongoing loan surveillance, including compliance monitoring, covenant tracking, and participation in recurring operational and performance calls with borrowers.

• Assist with the review, analysis, and processing of borrower requests, including future funding commitments, construction draws, amendments, waivers, and escrow disbursements.

• Support portfolio management initiatives, including aggregation of asset-level performance data, identification of performance and risk trends, and preparation of materials for internal and external reporting.

• Assist with leverage facility administration, including covenant testing, borrowing base calculations, and coordination of reporting and deliverables to financing counterparties.

• Coordinate with internal investment, asset management, legal, and finance teams, as well as external borrowers, counsel, lenders,