Skip to main content
Back to jobs

Associate Director, CPACE Underwriting Transaction Management

External
TIAA logoTiaa · New York, NY
Full-timeOn-site2w ago
Cover LetterConnect

Prepare for this interview

Elite

AI-generated questions, company research, and talking points tailored to this role


Requirements

  • 5+ Years of commercial real estate construction underwriting experience
  • Masters/MBA related to CRE
  • Demonstrated interest in sustainability and/or clean energy deployment
  • Experience with financial structuring of commercial real estate construction/development projects
  • Related Skills
  • Accountability, Adaptability, Clean Energy Acumen, Collaboration, Commercial Mindset, Consultative Communication, Continuous Improvement Mindset, Executive Presence, Prioritizes Effectively, Stakeholder Engagement
  • Anticipated Posting End Date:
  • 2026-06-13
  • Base Pay Range: $134,000/yr - $188,000/yr
  • _____________________________________________________________________________________________________
  • Company Overview

Additional Information

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 Associate Director, CPACE Transaction Management plays a critical role in all aspects of project development, including the support of loan origination, transaction management, and underwriting. They will support Nuveen Green Capital as it advances complex commercial projects through to completion. They will also benefit from rapid on-the-job learning, unparalleled strategic input, access to company executives and tremendous growth potential. Key Responsibilities and Duties Underwriting - Preparing term sheets for early-stage deals and assisting with presentation materials when needed. - Managing deal structuring negotiations, leading borrowers and senior lenders through how PACE can be a value-add in development project capital stacks. - Leveraging third-party market research, such as CoStar, to support underwriting assumptions. - Identifying transaction risks and tracking exceptions to Nuveen Green Capital's underwriting criteria. - Drafting and presenting credit memos to obtain credit approval, interfacing with Nuveen Green Capital's credit team to troubleshoot underwriting concerns. - Completing loan files accurately and thoroughly. Transaction Management - Leading a diverse pipeline of C-PACE projects of various complexity, triaging and prioritizing the most impactful next steps for the overall pipeline. - Communicating internally with originations, credit, legal, and asset management teams and externally with clients and partners to keep the deal team on track for key milestones and closing. - Working with mortgage holders (where applicable) to gain consent for C-PACE financing. - Supporting relationships with developers, brokers, mortgage lenders and other industry stakeholders. - Preparing for client meetings, including development of background material and presentations. Increasing market awareness of Nuveen Green Capital. - Going above and beyond to ensure a positive customer experience, creatively solving challenging problems, and enthusiastically supporting - Nuveen Green Capital's mission to be the Lender of Choice for our clients and partners. - Coaches and reviews the work of lower level professionals to ensure high-quality and timely completion of projects. Educational Requirements University (Degree) Preferred Work Experience 3+ Years Required; 5+ Years Preferred Physical Requirements Physical Requirements: Sedentary Work Career Level 7IC Required Qualifications: Minimum of 3+ Years of commercial real estate construction underwriting experience


Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at TIAA? Share your experience

Interested in this role?

Apply on the company's website.

Cover LetterConnect