Managing Director - Loan Sales

Hilco Real Estate | Northbrook, IL (or remote)

Managing Director – Loan Sales Advisory

Chicagoland, Boston, or Nationwide

 

Hilco Real Estate (HRE) (www.hilcorealestate.com) advises and executes strategies to help both healthy and distressed clients maximize the value of their real estate assets. HRE’s extensive property valuation knowledge, lease renegotiation experience and innovative sales strategies are leveraged by substantial access to capital, a vast network of tenants/landlords and motivated buyers/sellers. 

Services include real estate lease repositioning and advisory solutions; extensive real estate and loan/note disposition services through an expert brokerage team as well as high-performance accelerated property auctions (live, online, sealed bid); a sale/leaseback advisory practice with unique deal structuring; and, real estate investments including acquisition deals for vacant, value-add, or stable income-producing properties as well as joint venture transactions. 

The Opportunity

This is an exciting opportunity to join our fast-paced Loan Sales division within a financially solid, high performing company. Due to the current economic landscape and the downturn in commercial real estate, there is a strong market-wide need for Note Sales expertise, as the pipeline will be robust for years to come. 

The ideal candidate will have significant business development experience building relationships within bank OREO, CMBS servicers, workouts, and/or special asset departments. They will also have worked in or sourced business from  bank foreclosure groups and be well-versed in pitching to the financial services industry.

Responsibilities

  • Establish and grow outstanding bank relationships.
  • Facilitate loan sales, bank foreclosed assets, and excess corporate real estate.
  • Coordinate logistics of efforts to sell bank loan notes.
  • Source and solicit business from nationwide banks.
  • Secure distressed commercial loans to sell by convincing bankers of the value of sale vs. loan workout.
  • Work with internal team to determine if loan should be brokered or auctioned.
  • Increase odds of selling loans in the marketplace for the optimal price.

Must Haves:

 

  • 5-10 years’ experience in banking, business development, loan sales and/or real estate.
  • Strategic knowledge of loan sales.
  • Possess the understanding and ability to price loans.
  • Ability to underwrite a potential loan.
  • Hands-on salesperson with the ability to grow, build, and mentor a team.
  • Bachelor’s Degree

Preferred:

  • Series licensing

Travel:

If you are in the Chicagoland area, expected travel is 25-40%. If you are out of the area, expected travel is 50%.

 

HRE is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world’s leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.  Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments.

Hilco requires all employees to be vaccinated in order to visit any of our offices and to participate in any company driven in-person events.

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