GBM - Private, Real Estate Financing Group - Originations, Associate, New York

The Goldman Sachs Group
$150000-$225000
United States, New York, New York
200 West Street (Show on map)
Nov 19, 2025
GBM Private, Real Estate Financing Group - Originations, Associate, New York The Real Estate Financing Group (REFG) within Capital Solutions Group is a leader in commercial real estate lending and was the top-ranked contributor to U.S. standalone CMBS securitizations for 2017-2024. REFG's Originations team is responsible for the sourcing, underwriting, and execution of securitized and balance sheet lending on commercial real estate assets and is looking for an experienced senior Associate to join the team. Responsibilities Underwrite commercial real estate mortgage loans across all property types (e.g., industrial, multifamily, office, retail, hospitality, data centers, and specialty) for both the CMBS business and the bank's own balance sheet Perform in-depth property, market, sector, and borrower due diligence and research Model cash flows and conduct valuation analyses on commercial real estate assets across property types and geographies Contribute to all aspects of loan origination, from initial underwriting to loan closing to deal distribution Prepare materials and memos for client discussions, deal evaluation, internal committees, and deal distribution Coordinate with REFG's Credit, Capital Markets, and Securitization teams as well as external parties such as due diligence providers, consultants, and legal counsel throughout the loan execution process Qualifications Bachelor's degree and 4-5 years of work experience, ideally in underwriting and closing CMBS and / or CRE balance sheet loans Track record of academic achievement Strong modeling and analytical skills; experience with Argus is not required Strong interpersonal and communication skills and ability to collaborate effectively with both internal and external audiences Ability to work in a fast-paced, dynamic environment and manage multiple transactions under deadlines Strong work ethic, attention to detail, and commitment to results Genuine interest in real estate origination Salary Range The expected base salary for this New York, New York, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end. Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.