Key Concepts in Asset Management and Lending

Foreclosure Process

Overseeing deeds-in-lieu, coordinating legal timelines, and working with local counsel to take ownership of distressed properties.

Loss Adjustments

Modeling recoveries under different foreclosure scenarios and adjusting financial expectations.

Loan Workouts

Negotiating modified repayment plans, extensions, or restructuring with distressed borrowers.

Business Plans

Building operational and financial plans to improve property performance, including lease-up and cost management.

Borrower Services and Property Management Changes

Review and approve borrower requests to switch property managers.

Loan Assumptions

Processing transfers when loans are assumed by new borrowers.

Leasing Tasks in Borrower Services

Evaluating tenants and approving lease agreements or amendments.

SNDAs

Negotiating Subordination, Non-Disturbance, and Attornment agreements to protect lien priorities and tenants.

Capital Markets Activities

Purchasing and selling CMBS bonds and whole loans.

Structuring and Hedging New Loans

Developing hedge strategies to manage interest-rate and credit risk.

Monitoring in Capital Markets

Tracking pricing for new-issue and legacy CMBS securities.

Equity Investments Management

Managing a real estate equity portfolio (value-add, opportunistic).

Evaluation in Equity Investments

Analyzing CMBS special servicing portfolios to identify equity acquisition opportunities.

Real Estate Owned (REO) Tasks

Managing foreclosed properties, developing business plans, budgeting, and executing dispositions.

Starwood Mortgage Capital

Sourcing, evaluating, and structuring new commercial real estate loans.

Credit Analysis in SMC

Conducting borrower due diligence, cash flow analysis, and creditworthiness assessments.

Due Diligence in SMC

Coordinating appraisals, environmental reviews, title work, surveys, and third-party reports.

Surveillance in Portfolio Management

Tracking performance metrics like DSCR, LTV across loan and bond portfolios.

Watchlists in Surveillance

Flagging assets showing signs of distress for early intervention.

Investor Relations Tasks

Preparing investor updates, reporting packages, and presentations.

Market Updates in Surveillance

Interest rates, property sector fundamentals, and regulatory trends affecting credit risk.

Commercial Lending Portfolio Management

Overseeing sponsor and servicer performance on outstanding loans.

Project Funding

Administering lender-disbursed draws during development or renovation.

Underwriting Tasks in Lending

Regularly evaluating loans for extension, modification, or sale.

Loan Modifications/Workouts

Managing requests for adjustments in terms and risk mitigation strategies.

Infrastructure Lending Financial Analysis

Underwriting loans backed by infrastructure assets like toll roads and utilities.

Monitoring in Infrastructure Lending

Tracking infrastructure asset performance and covenant compliance.

Reports in Infrastructure Lending

Portfolio performance summaries and covenant stress tests.

Financing Lines in Infrastructure Lending

Coordinating warehouse lines and funding mechanisms.

Investment Management Evaluation in CMBS

Analyzing legacy CMBS pools for value or credit risk.

B-Piece Investment

Underwriting subordinated CMBS tranches in new issuances.

Due Diligence in Investment Management

Conducting sector research on market trends, rent growth, and supply-demand dynamics.