Debt Asset Manager

Macdonald & Company is partnered with a well-capitalized real estate credit platform seeking an experienced Debt Asset Manager to join a lean, execution-oriented team in Orange County.

This role is responsible for the active management of a diverse real estate loan portfolio and requires a hands-on, proactive professional who takes ownership of credit performance, borrower oversight, and business plan execution.

• Ongoing asset management of real estate loans across multiple structures, including senior, mezzanine, preferred equity, A/B notes, and note-on-note positions
• Proactive oversight of construction and reserve draws, ensuring funding events are anticipated and executed smoothly
• Regular credit reviews, borrower risk assessments, and monitoring of loan performance and compliance
• Analysis of borrower financials, property-level operating statements, rent rolls, cash flow coverage, and asset valuations
• Interpretation and enforcement of loan documents, covenants, maturity timelines, and reporting requirements
• Management of business plans with a forward-looking mindset, identifying risks and solutions early
• Coordination with loan servicers and lenders
• Exposure to special servicing and workout situations as needed
• Collaboration with internal analysts while maintaining a strong command of underwriting and due diligence fundamentals

• 7-10+ years of total real estate experience, with at least 5 years focused on debt, credit, or loan asset management
• Strong understanding of construction lending, structured finance, and transitional real estate loans
• Demonstrated ability to manage credits hands-on in a lean environment
• Experience analyzing borrower financials, property performance, and downside risk
• Equity-side experience is acceptable, provided there is meaningful debt exposure
• Self-directed, detail-oriented, and proactive, with strong judgment and follow-through