Debt Originator - Commercial Real Estate Job at Largo Capital, Inc., New York, NY

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  • Largo Capital, Inc.
  • New York, NY

Job Description

The Company:

Largo Capital, Inc. has been providing commercial mortgage banking services, encompassing debt and equity solutions for commercial real estate projects for over 35 years. Throughout the U.S. and Canada, Largo represents 27 correspondent life lenders in addition to conduits, banks, debt funds, and credit unions.

The Job:

Largo is currently seeking a self-starter with an entrepreneurial mindset to join its team as a Debt Originator – Commercial Real Estate. The focus of the position will be to originate mortgage debt and equity utilizing Largo’s roster of 27 correspondent life company lenders and multiple other institutional sources including conduits, banks, debt funds, and credit unions.

Responsibilities:

· Originate debt & equity financing

· Cultivate relationships with owners and developers

· Facilitate, structure, and close commercial real estate mortgages

· Maintain and update database and activities within Largo’s CRM system

· Learn & understand the programs of Largo’s 27 correspondent lenders

· Work closely with other members of the team

· Gain an understanding of institutional debt and equity providers

Skills and Qualifications:

· Highly self-motivated

· Entrepreneurial attitude

· Excellent interpersonal and customer service skills

· In-depth understanding of the commercial real estate capital markets

· Work independently and within a team to build relationships and interact effectively with business partners

· Maintain confidentiality, utilize judgment, and work with minimal supervision

· Bachelor’s degree recommended, preferred major in Real Estate, Finance or Economics

· Minimum of 3-5 years of experience in the commercial mortgage industry

· Previous experience as a lender or mortgage banker is preferred

Pay includes base-salary plus a performance-based compensation package with unlimited earning potential based on the individual’s ability to originate and close transactions.

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