Senior Multifamily Loan Portfolio Manager
Company: The Massachusetts Housing Partnership
Location: Boston
Posted on: February 25, 2021
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Job Description:
February 11, 2021 The Massachusetts Housing Partnership (MHP), a
non-profit public agency, is a national leader in affordable
housing finance and a primary lender in Massachusetts for the
financing of affordable and mixed-income rental housing. MHP has
over $1.2 billion in credit lines from Massachusetts banks and is
an approved Fannie Mae affordable multifamily lender and an FHA
Risk-Sharing Program and MAP lender. MHP-financed properties
include mixed-income developments for families, single-room
occupancy housing, assisted living and other facilities serving the
elderly, and properties serving special needs populations. MHP's
borrowers range from small non-profit and for-profit developers to
some of the largest and most sophisticated developers in the
Northeast. At MHP, we celebrate diversity and are committed to
creating an inclusive environment for all employees. We are seeking
a Senior Multifamily Loan Portfolio Manager who will be responsible
for proactively managing a complex portfolio of real estate loans
on multifamily properties in Massachusetts. This position would be
ideal for a commercial real estate lender, asset manager, property
manager, or loan administrator who has a desire to work in a
mission-driven non-profit organization, as part of a dedicated team
of real estate professionals in MHP's Portfolio Management Team.
This is an excellent opportunity for a skilled real estate
professional who is interested in affordable housing and
multifamily real estate. Specific responsibilities will include:
managing MHP's relationships with borrowers, conducting credit
reviews and site inspections, addressing project operating
performance and payment issues, preparing workout, collection and
refinance plans, and mentoring junior staff members in the
administration of assigned loans. Applicants must be self-starters
with excellent organizational, communications, and computer skills.
Applicants must have a minimum 7-10+ years' progressive experience
in lending, asset management, or property management.
Qualifications include: Specific experience relating to financing
and/or operation of multifamily properties required. Ability to
analyze complex projects (risk, cost/benefit, quantitative and
strategic fit). Experience with tax-exempt bond financing, FHA's
Multifamily Programs, Fannie Mae, low income housing tax credits,
or other affordable housing programs a plus. Strong computer skills
required, including spreadsheet modeling, word processing, and
experience with complex data systems. Familiarity with loan
servicing software a plus. Bachelor's degree in finance, accounting
or related field, or equivalent experience. Demonstrated skill in
business writing. Excellent interpersonal skills required,
including the ability to work well in a small team environment and
to effectively manage relationships with MHP's borrowers. Ability
to manage multiple priorities and meet deadlines while maintaining
consistently high quality work. A valid driver's license, or the
ability to acquire one, and the ability to manage in-state travel.
Salary is commensurate with experience. MHP provides a
comprehensive benefits package including health, life, dental, and
disability insurance, flexible spending accounts, a public
transportation benefit, educational assistance, paid time off and
family leave, flexible work schedule and a fully vested
employer-matched retirement plan. This is an excellent opportunity
to work with a dedicated, creative and passionate team. To apply:
Please send a cover letter (required) and resume to MHP, Human
Resources Director: mhphr@mhp.net website: www.mhp.net MHP is
committed to creating a diverse and inclusive workplace and is
proud to be an equal opportunity, affirmative action employer. All
decisions are based on business needs, job requirements and
individual qualifications without regard to race, religion, color,
national origin, gender, sexual orientation, gender identity,
gender expression, age, past or present military service, status as
an individual with a disability, or any other legally protected
characteristics. MHP is committed to compliance with all fair
employment practices regarding citizenship and immigration status.
Reasonable accommodations may be made to enable individuals with
disabilities to perform essential job functions. Phone 617-330-9955
Toll-Free 877-MHP-FUND Fax 617-330-1919 MHP - 160 Federal Street,
Boston, MA 02110
Keywords: The Massachusetts Housing Partnership, Boston , Senior Multifamily Loan Portfolio Manager, Executive , Boston, Massachusetts
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