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Nuveen
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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.

 

Nuveen Real Estate, an operating division of Nuveen, the asset management arm of TIAA, is one of the top five largest real estate investment managers in the world with over $126 billion in AUM. Managing a suite of over 80 funds and mandates spanning both debt and equity across diverse geographies, sectors, investment styles and vehicle types, we provide access to every aspect of real estate investing. With offices in 26 cities throughout the US, Europe and Asia-Pacific, over 500 professionals and over 80 years of investing experience, the platform offers impressive local expertise coupled with a sophisticated global perspective.


Our investment, asset management and corporate strategies grow from a deep understanding of the structural trends that we believe will shape the future of real estate and responsible investing beyond market cycles. This ‘Tomorrow’s World’ approach sits at the core of our investment process and business operations, informing our long-term view of real estate investments for the enduring benefit of both clients and society.  www.nuveen.com/realestate

 

Position Summary:

 

Based in one of the primary offices of Nuveen Real Estate (New York, Charlotte, Chicago, or Newport Beach), the position will support the loan origination, closing, asset management and portfolio management teams in all aspects of the due diligence, funding, and inspection process related to all pre-development, development, construction, renovation, repair, restoration, alteration, property condition and environmental matters. The role will entail regular communications and interactions externally with borrowers, property managers, construction managers, co-lenders, consultants, contractors, subcontractors, insurers, governmental officials and other key parties to the transaction, as well as communication and reporting internally to groups such as investment committee. 

 

 

 

Key Responsibilities: 

 
 

  • Manage all aspects of relationship with external engineering and environmental consultants, including consultant selection, engagement and quality control.  Assists in the evaluation and selection of new vendors and evaluate performance of existing consultants including developing scope with such vendors.

  • Review due diligence and monitoring reports prepared by outside consultants for the purpose of providing recommendations to the team to be used in the determination of cost, risk & value, including identifying deficiencies and areas where additional investigation is warranted, as well as items that may not represent a material risk to the firm as lender.

  • Conduct, attend, and/ or facilitate site inspections and attend other critical meetings related to pre-construction project planning, budgeting, scope development, permitting, scheduling, bid review, value engineering, contractor selection, draw review/ reconciliation, tenant coordination, job cost tracking and project closeout, as needed and appropriate based on the terms of loan and condition of the property.

  • Prepare independent reports and written materials which summarize findings and recommendations, and conduct supplemental investigations, assessments and approvals as needed, including review of contracts, budgets, plans & specifications, permits, contractor selection and qualifications.

  • Coordinate and monitor tracking of variance to budgets, and potential cost overruns or scope changes.  Proactively communicate potential areas that may impact schedule and /or budget.

  • Participate in the investigation and resolution of issues as they arise related to casualty and condemnation events, such as damage from natural disasters, fire, etc, including assistance to ensure adherence with all provisions of the loan documents.

  • Pose thoughtful questions and offer constructive suggestions to external parties that may add value to the project and the development or construction process for the benefit of all stakeholders, and also as a means to gauge reactions, inform opinions or reveal issues that may require further consideration.  

 

 

 

 

Qualifications: 

 

Required:

 

  • Bachelor's degree (BA/BS) from a four-year college or university in a relevant field of study

  • Minimum of 5 years of experience in engineering or architecture

Preferred:

  • 6-10 years of experience in engineering or architecture; prior experience working with lending institutions or as a consultant to such organizations

  • Master’s degree in a relevant field of study

  • Expert knowledge of engineering, architectural and environmental matters as it pertains to commercial real estate, including statutory/ regulatory standards, commercial real estate fundamentals and terminology; prior experience as project manager or construction manager preferred.

  • Broad industry contacts to ensure key responsibilities and duties can be accomplished in a cost effective and efficient manner consistent with best practices, pricing and market standards.

  • Ability to quickly and accurately analyze problems and offer effective solutions, strong analytical and quantitative skills, excellent written and verbal communications skills, ability to interact effectively with team leaders and demonstrated ability to convey technical concepts in a concise manner to clients, coworkers, and executive management.

  • Extremely organized and detail oriented with ability to prioritize and multitask effectively, including meeting deadlines and completing tasks while out-of-office traveling.

  • Software Knowledge: PC computer skills with knowledge of MS Office products and specialized technical engineering and construction programs.

 


Equal Employment Opportunity is not just the law, it’s our commitment. Read more about the Equal Employment Opportunity Law

 

If you need assistance applying due to being visually or hearing impaired, please email Careers Help.
 
We are an Equal Opportunity/Affirmative Action Employer. We will consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

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