About Cim Group
CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!
Position Purpose
The VP, Debt Transactions will manage debt financing activity for the diverse portfolio of real estate and infrastructure investments which CIM owns and operates. Together with the Principal, Capital Markets, this role helps to plan and execute the firm’s loan borrowing process, including assisting in the development and maintenance of lender relationships, negotiating debt financing terms sheets, managing the negotiation and execution of loan docs, and working with lenders post-closing to ensure alignment of business and investment goals. This role will support execution of the firm’s debt strategy and end-to-end management of loans on the borrower side.
Responsibilities
• Manage and execute financing for acquisitions, refinancings and other transactions across CIM’s broad portfolio of real estate and infrastructure assets.
• Secure third-party debt for CIM’s investments that aligns with CIM’s financing strategy and investment priorities, and maintain lender relationships.
• Manage analysis, due diligence and closing of debt financing transactions to support CIM’s various investment vehicles.
• Review and proactively identify and recommend debt strategy opportunities for various investment vehicles, in partnership with the head of Capital Markets and each vehicle’s Portfolio Oversight.
• Monitor the debt capital markets and assist as needed in adjustments to debt underwriting utilized by Investments teams.
• Negotiate loan documentation, loan applications and term sheets in conjunction with Capital Markets, Investments, Portfolio Management and in-house or outside counsel.
• Conduct bid process and negotiate loan agreements and key terms.
• Coordinate and execute derivative documents in conjunction with Capital Markets, Investments, third party advisors and in-house or outside counsel.
• Monitor existing debt to determine the most efficient cost of capital.
• Oversee internal management of loan database systems to ensure firm has complete picture of loan portfolio.
• Other essential duties, as assigned.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
• Bachelor’s degree in Finance, Accounting, Economics or related field
• CFA or MBA strongly preferred
• 10+ years’ experience in real estate and/or infrastructure debt capital markets, debt financing advisory, and/or loan asset management, with demonstrable increase in responsibility over time
• Construction loan experience strongly preferred
• Existing lender, financing broker and investment banking relationships strongly preferred
• Ability to read, analyze and interpret complex documents including legal contracts, term sheets and leases
What CIM Offers
CIM offers an enriched benefits program as well as a wide range of resources for eligible employees to thrive both inside and outside of work. Some of our benefits include:
Medical, dental, and vision
Company-subsidized Health Savings Account
Company paid life & disability
Pre-tax savings accounts
401(k) match
Competitive vacation policy
Additional Voluntary Benefits
Paid time off for community service
Paid Parental Leave: Up to 12 weeks
Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required.
At CIM, base pay is one part of the total compensation package. This role is eligible for bonus pay in addition to base salary. The anticipated base salary range for the position in Los Angeles is $205,000- $285,000.
How We Feel About Diversity And Inclusion
CIM Group is committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together. As an equal opportunity employer, we prohibit any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, family or parental status, disability*, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate. We respect the laws enforced by the EEOC and are dedicated to going above and beyond in fostering diversity across our workplace.
• Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.
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