Associate

Thorofare Capital, LLC

Thorofare Capital, LLC, is an investment management firm that was formed in 2010, with a current AUM in excess of $1.1B, to manage investments on behalf of third-party investors seeking exposure to real estate strategies with a primary focus on senior loan originations within the United States. Thorofare is an asset manager that utilizes a data-driven, analytical debt approach to identify macro trends with a focus on maximizing risk-adjusted investor returns. Thorofare’s investment team is long tenured with in-house expertise in originations, capital markets, development, and asset management capabilities.

Job Description

• Thorofare is seeking an Associate to join its originations team.

• The position will be based in Thorofare’s NYC office.
  
  

Job Responsibilities, include but are not limited to -

• Assist in all aspects of the deal origination process, including preparing financial models, structuring, term sheet and loan document negotiation, due diligence, and closing of investments.

• Working directly with Managing Directors to develop and maintain relationships with existing and new borrowers, brokers, & other sources of loan origination and other investment opportunities.

• Assist in the due diligence process, including presenting investment opportunities to Thorofare’s Investment Committee for approval.

• Coordinate and review third property reports including appraisals, environmental and property conditions reports, among others.

• Research and analyze macro-economic data. Research and analyze real estate market data (supply and demand, rental and occupancy). Monitor news feeds and disseminate news relating to real estate industry.

• Review leases and compare data sources. Assist our asset management team on process improvements.

• Perform property tours of prospective or active investment and new business travel as required

• Complete ad-hoc assigned tasked as instructed by team head from time to time.

Job Requirements -

• Candidates should have a degree in Real Estate, Business, Finance, Economics, or its equivalent with a minimum of 3 years of work experience, preferably with exposure to the four major property types (office, retail, apartment & industrial) as well as experience with other asset classes such as hotel, storage, healthcare, etc. Construction financing experience a plus.

• Candidates should demonstrate an interest in both the financial and operational aspects of real estate.

• Strong Microsoft Office skills, with a focus on Excel, knowledge of Argus Software a plus.

• Exceptional organizational skills and ability to multi-task & problem-solve.

• Exposure to legal documentation and due diligence in a transactional environment a plus

• Ability to work on multiple transactions at a time in a fast paced, deadline-driven and entrepreneurial work environment.

• Candidates should be team players, possess a high level of initiative and be able to work independently in a fast-paced environment.