Credit Associate - Cirrus Real Estate Partners : Job Details

About Cirrus Real Estate Partners

Cirrus Real Estate Partners' actions are based on the firm's core values: fair dealing, fiduciary responsibility and mutual respect. Cirrus' value-based investment approach is grounded in a deep and granular understanding of the base factors which drive real estate performance generated through the 25+ year average commercial real estate and capital markets experience of its partners.

This experience spans multiple cycles and includes the origination of over $150 billion of commercial real estate credit products and the investment of over $10 billion of commercial real estate equity. While firmly anchored in long-term real estate fundamentals, Cirrus' approach is purposefully designed to adapt to the unique characteristics of each investment cycle.

Cirrus' proprietary framework is designed to generate consistent, attractive returns through identifying investments that offer asymmetric risk-return profiles and significant downside protection while integrating direct, active asset management to ensure favorable outcomes for its stakeholders.

Position Overview

As an Associate/Senior Associate, the potential candidate will be instrumental in driving real estate credit investments by analyzing and executing transactions with a focus on delivering strong risk-adjusted returns. The time allocation is expected to be split between Investments and Asset Management.

The ideal candidate is a proactive professional who excels in a fast-paced environment, demonstrating meticulous attention to detail, adaptability to shifting priorities, and exceptional communication and organizational skills. You should bring relevant experience and a keen interest in navigating sophisticated real estate transactions to contribute effectively to our team's success.

Key Responsibilities

• Screen and evaluate real estate debt investment opportunities, with an emphasis on multifamily and residential condominium construction financing
• Build and maintain detailed financial models for asset, portfolio, and corporate-level transactions
• Prepare Screening and Investment Committee Memoranda, outlining deal merits, financial metrics, risks, mitigants, and market data
• Conduct project level and market research
• Interface with brokers, legal counsel, market participants, and third-party vendors to facilitate transactions and operations

Qualifications

• Minimum of 3–4 years of experience in at least one of the following:
• Real estate private equity acquisitions and development
• Real estate private credit originations / underwriting
• Investment banking with advanced financial modeling expertise
• Commercial real estate brokerage
• Bachelor's degree in Business, Finance, Economics, or a STEM-related field