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Vice President, Closing & Due Diligence

Chicago, Illinois

Description

Company Description

Founded in 1966, Heitman LLC is a global real estate investment management firm with approximately $40 billion in assets under management.  Heitman’s real estate investment strategies include direct investments in the equity or debt capitalization of a property or in the securities of listed and publicly traded real estate companies.   Heitman serves a global client base with clients from North American, European, Middle Eastern and Asia-Pacific institutions, pension plans, foundations and corporations and individual investors. Headquartered in Chicago, with offices in Los Angeles, London, Luxembourg, Frankfurt, Munich, Warsaw, Hong Kong, Seoul, Tokyo, and Melbourne, Heitman’s more than 325 employees offer specialized expertise – from a specific discipline to local insight.

Job Description

Our Chicago office is seeking a Vice President to manage the debt negotiation and closing process for U.S. real estate acquisitions and loan originations. 

The responsibilities of a Vice President include, but are not limited to:

  • Negotiating and closing commercial real estate loans as a borrower or lender, including lines of credit, both senior and subordinate loan structures such as B notes and mezzanine notes, intercreditor/co-lender agreements, note on note financings, and preferred equity investments. 
  • Coordinate due diligence reviews and closing through title and escrow.
  • Read, analyze, and summarize legal documents.
  • Serve as the primary liaison with external parties including borrowers, lenders, attorneys, and title company representatives during all phases of loan closing.
  • Work and coordinate with internal constituents including the debt origination and servicing team, the acquisition team, portfolio management and accounting, and senior management.

Qualifications

  • Minimum 5 years of real estate experience
  • Minimum 3 years of negotiating and closing senior and subordinate loan transactions preferred
  • Degree in Law or Business
  • Detailed knowledge of both construction and bridge loan products including senior and subordinate loan structures
  • Strong reading comprehension, critical thinking, and problem solving skill sets required
  • Ability to work efficiently in a fast-paced team environment
  • Ability to prioritize projects in an effective manner
  • Communicate effectively, keeping managers informed
  • Proficient in Microsoft Office, particularly Word and Excel

Additional Information

Interested professionals should apply via our website at www.heitman.com. Please make sure to select “careers” under the About tab to submit your cover letter and resume. If you are a Heitman employee, please make sure to apply using your Heitman email address.

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.