Vice President, Asset Management

Overview Join to apply for the Vice President, Asset Management role at Newmark. NEWMARK GROUP, INC. (NASDAQ: NMRK) and its subsidiaries are a world leader in commercial real estate, providing a comprehensive suite of services across the property life cycle. For the twelve months ending March 31, 2025, Newmark generated revenues of over $2.8 billion. As of March 31, 2025, Newmark and its business partners operated from 165 offices with approximately 8,100 professionals across four continents. Spring11, an affiliate of Newmark, provides a full suite of commercial real estate services to a wide range of clients. Our team consists of over 600 employees based in New York, Atlanta, Houston, Boca Raton, Kansas City, and Chennai, India. Spring11 is seeking a Vice President to join our growing team to work on a diverse portfolio of transitional commercial loan assets, including ground-up construction, spanning various property types and regions. The Vice President will provide asset management support and qualitative and quantitative loan underwriting for a growing portfolio of commercial real estate loans. The ideal candidate has a bachelor’s degree (or higher) and a minimum of 8 years of commercial real estate experience including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting. Responsibilities Provide commercial real estate analysis and debt underwriting across all markets and property types Monitor each position’s performance relative to underwriting, budget, and covenants within loan documents Coordinate with and/or manage various third parties including servicers, borrowers, lenders, and construction consultants Review and approve draw requests for renovation and ground-up construction projects of varying sizes and scopes Monitor performance of transitional/value-add operating properties including lease analysis, TI/LC and renovation draw reviews, and loan covenant testing Complete quarterly asset updates for various assets Update and/or create credit committee presentation memos for loan modifications Work collaboratively to achieve department and firm objectives Contribute to the oversight and mentorship of junior staff members to support an expanding Asset Management platform Qualifications Bachelor’s Degree in Real Estate, Economics, Finance or a related field Minimum of 8 years of experience in commercial real estate, including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting Proficiency in Microsoft Excel and PowerPoint; ARGUS experience preferred Excellent verbal and written communication skills Financial and quantitative acumen to make well-reasoned, decisive recommendations to senior management Ability to work in a fast-paced and changing environment Salary Range Salary range: $100,000 - $140,000 annually. The actual base salary will be determined on an individualized basis, taking into account factors including skills, experience, education, and licenses or certifications. In addition to base salary, a competitive benefits package and potential discretionary bonuses or other incentives may apply. Working Conditions Normal working conditions with the absence of disagreeable elements. Note The statements herein describe the general nature and level of work performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required for personnel so classified. Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law. #J-18808-Ljbffr

Created: 2025-10-06