JCR CAPITAL OVERVIEW
JCR Capital , a subsidiary of Walker & Dunlop, Inc., is a real estate private equity firm that provides capital solutions to middle market commercial real estate sponsors. JCR provides joint venture equity, preferred equity, mezzanine debt and bridge loans for value-added, opportunistic, distressed, and special situation transactions.
JCR Capital focuses on the middle market, which is assets under $50 million in total value.
JCR Capital has two primary revenue platforms:
Debt Platform – Provides first trust bridge loans and permanent financing.
Fund Platform – Invests joint venture equity, preferred equity, mezzanine debt and high yield debt out of a discretionary private equity fund model.
JCR Capital’s Fund Platform currently invests out of two funds:
Fund III: A $330 million opportunistic fund
Fund IV: A $306 million value-add fund
Supporting these revenue platforms, JCR Capital also has the following platforms:
Asset Management – Supports both the Bridge Loan Platform and the Fund Platform.
Capital Formation/Investor Relations – Supports the Fund Platform via managing the limited partner relationships and working on separate accounts.
Accounting & Finance – Responsible for reporting and managing JCR’s leverage facilities.
JCR Capital has experienced tremendous growth over the past few years and now has approximately $1.0 billion of assets under management. JCR seeks to increase this AUM to $3.0 billion over the next three years.
Essential Duties and Responsibilities:
Once an investment has a signed term sheet the Transaction Manager will be involved and follow the transaction through closing, including:
1) Closing documents: Work with borrower, borrower’s counsel and JCR’s counsel to finalize investment documents. This may be debt or equity investments. This will also include:
Manage transaction to closing
Manage the settlement statements
Be responsible for funding packages
Be responsible for final checklist items
Coordinate wires and funding
2) Internal investment process: Assist with due diligence; specifically, coordinating and reviewing third-party reports
3) Fund administration: The position will also include managing the following:
Fund matrix of investments
Upcoming funding schedules to manage capital calls
4) Other duties as assigned
Education and Experience:
Law degree or paralegal or relevant commercial lending closing experience.
Transaction closing experience including familiarity with legal documents and settlement statements required
5+ years of relevant experience
Prior experience in real estate lending or structuring real estate investments preferred.
Ability to work flexible hours/overtime.
Ability to travel overnight up to 20%.
Knowledge, Skills and Abilities:
The company supports value-added thinking, creativity and problem solving.
Detailed oriented business.
Strong writing skills, with the ability to synthesize information from several sources into concise and coherent conclusions.
Good communication skills.
Strong motivation and a passion for real estate, with the ability to work without supervision.
Walker & Dunlop is an equal employment opportunity employer and does not discriminate based on race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, genetic information, or any other characteristic protected by applicable law.