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Distressed Asset Manager Jobs in Georgia (NOW HIRING)

... management of financing transactions, primarily asset backed finance and traditional private ... Advise credit analysts on issues that may arise when investments become distressed, necessitating ...

... management of financing transactions, primarily asset backed finance and traditional private ... Advise credit analysts on issues that may arise when investments become distressed, necessitating ...

Distressed Asset Manager information

What is the difference between Distressed Asset Manager vs Loan Workout Specialist?

AspectDistressed Asset ManagerLoan Workout Specialist
CredentialsFinance or Real Estate degree, certifications like CCIM or CPMFinance or Banking background, certifications like CTP or CTP
Work EnvironmentFinancial institutions, asset management firms, real estate companiesBanks, lending institutions, consulting firms
Industry UsageManaging distressed assets, portfolio managementNegotiating loan modifications, restructuring

While both roles focus on distressed financial situations, a Distressed Asset Manager oversees a portfolio of distressed assets, including real estate or securities, managing their recovery or sale. A Loan Workout Specialist concentrates on renegotiating and restructuring troubled loans to prevent default. Both roles require financial expertise and often work within banking or investment firms, but their primary focus differs: asset management versus loan resolution.

What are the most commonly searched types of Distressed Asset jobs in Georgia?

The most popular types of Distressed Asset jobs in Georgia are:

What cities in Georgia are hiring for Distressed Asset Manager jobs?

Cities in Georgia with the most Distressed Asset Manager job openings:

Asset Manager (Multifamily CRE) - Atlanta

Veritas Partners

Atlanta, GA • On-site

Full-time

Posted 17 days ago


Job description

Our client is a well-established REIT that spans the US. They are currently seeking an experienced Asset Manager to join their team in Atlanta
  • Title: VP or AVP
  • 5 days in ATL office (potentially 4 days in over time)

Qualifications
  • Ideally seeking minimum of 4-6+ years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets and Asset Management
  • Previous experience handling Multifamily GSE/Agency (Fannie/Freddie) assets is required
  • Will be focused on stabilized as well as turnaround/REO assets as well
  • Candidates with workout/restructuring/distressed asset experience is exposure is required

Responsibilities
  • Conduct market research to determine various factors impacting property level performance
  • Oversee borrower implementation of business plan(s) associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions
  • Prepare quarterly reports, valuations, and risk ratings
  • Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc.
  • Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk
  • Perform quarterly property level valuations in order to value the asset
  • Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions
  • Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
  • Monitor capital improvement projects to ensure timely completion within budgets