Director, Originations
North Carolina - Virtual
Nuveen Green Capital (NGC) is a rapidly growing company with the goal of changing how our country’s commercial real estate buildings produce and use energy. We finance commercial real estate new construction developments, substantial rehab projects, and retrofits of existing buildings with an innovative financing product called C-PACE (Commercial Property Assessed Clean Energy). Nuveen Green Capital is the nation’s leading provider of C-PACE financing. C-PACE financing funds multi-million dollar energy, water, and resiliency measures within a commercial real estate project’s construction budget and is paired with traditional construction, bridge, and permanent financing to complete a project’s capital stack. C-PACE financing is attractively priced construction-to-permanent financing that is growing in popularity among real estate developers and property owners.
The Director will have responsibility for originating and overseeing the underwriting and closing of complex, multi-million dollar C-PACE loans with traditional commercial real estate debt for multifamily, hotel, office, retail, and industrial properties in one of the largest C-PACE market in the country. The role will be responsible for managing existing relationships and forming new relationships with borrowers, brokers, and industry partners with a focus on North Carolina, Virginia, Maryland and Washington DC in order to build out market presence in the Southeast.
Key Responsibilities and Duties
The Director will be primarily responsible for originations and channel partner management for North Carolina, Virginia, Maryland and Washington DC – with the opportunity to originate all over the Southeast.
Build a robust pipeline through direct sales with the support of the NGC market development team, leverage existing networks, and form relationships with commercial real estate professionals including building owners, developers, professional services firms and clean energy contractors.
Responsible for engaging in all aspects of the loan origination process, including analysis and underwriting, debt structuring, pricing strategy, due diligence review, transaction negotiation and closing.
Work closely with transaction managers, credit, legal, and state/ local C-PACE Program Administrators to close C-PACE transactions.
Source and partner with 1st mortgage lenders to provide a complete debt capital stack for potential projects.
Work with the NGC team to refine current processes to be more efficient and scalable.
Educational Requirements
- No Advanced Degree Required Preferred
Work Experience
- 3+ Years Required; 5+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
7PL
Required Qualifications:
- Minimum of 3+ years of commercial real estate originations experience
Preferred Qualifications:
- 5+ years of commercial real estate originations experience
- Strong underwriting and structuring skills
- Ground up construction experience
- Bilingual fluency English/ Spanish
Anticipated Posting End Date:
2024-12-30Base Pay Range: $120,000/yr. - $170,000/yr.Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
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Company Overview
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.
Equal Opportunity
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Read more about the Equal Opportunity Law here.
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ApplyJob Profile
Competitive compensation Comprehensive Total Rewards Comprehensive total rewards package Incentive programs Retirement program
Tasks- Build pipeline
- Engage in loan origination process
- Manage relationships
- Originate c-pace loans
- Oversee underwriting and closing
Accountability Adaptability Bilingual English/Spanish Clean energy Collaboration Commercial Real Estate Communication Consultative communication Continuous Improvement C-pace financing Debt structuring Due Diligence Executive Presence Negotiation Pricing strategy Relationship Management Sales Stakeholder engagement Transaction negotiation Underwriting
Experience3 years
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9