Director, Single Family Residential
About the Role
Yieldstreet is hiring a Director to lead Yieldstreet’s Single Family Residential (SFR) strategy. We have originated several single family investment opportunities to date, and are seeking an experienced candidate to help us scale the asset class. You will report directly to Yieldstreet’s Head of Real Estate. You will lead all aspects of new deal execution including originations, due diligence, presentation to credit committee, and final closing coordination, while working collaboratively with several internal and external stakeholders. This is a unique opportunity to grow a new asset class, build the SFR business and help fulfill Yieldstreet’s mission of opening up investment opportunities to a broader retail audience.
What you'll do:
- Work with the originations team to find new partners and source new deal opportunities
- Cultivate and grow a network of SFR partner relationships
- Underwrite the quality of the transactions
- Prepare credit memos and present the transactions for credit committee approval
- Close the transactions and launch them on the Yieldstreet platform for Yieldstreet investors
- Collaborate with various departments to close the transaction, including development of legal marketing and retail investor facing materials
What you'll need:
- 7+ years of experience in single family rental and real estate
- Ability to execute independently and deliver results
- Extensive credit underwriting experience
- Experience in sourcing, executing, and closing private transactions
- Strong verbal and written communication skills
- Excellent organizational skills and high attention to detail
- Ability to thrive in an ambiguous and fast paced startup environment
- Existing relationships with market players and investors
Bonus points for:
- A well-developed origination network for sourcing transactions
- Strong capital markets experience for senior leverage
About Yieldstreet
Yieldstreet is building the largest global digital wealth management platform to change the way wealth is created. With an investor-first approach, our investor community builds a diversified portfolio of investments outside of the stock market to generate passive income. Yieldstreet is giving unprecedented access to asset classes such as Real Estate, Marine, Legal, Art & Private Business Credit. We’re headquartered in New York City with offices in Brazil, Argentina, Malta and Greece.
Benefits
We offer an attractive market compensation and benefits package including a stock option plan, health, dental & vision benefits, life insurance, unlimited paid vacation, sabbatical and paid holidays and that's before you even step in the office!
This is an opportunity to work with a group of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages. Our team is composed of successful entrepreneurs with combined exits of over $1B, and we continue to stay social during the pandemic with virtual social hours, exercise classes, meditation sessions, recipe sharing and so much more! While we are currently working remotely due to COVID-19, we're located in a beautiful new office in Midtown Manhattan and our building is close to most major subway lines.
Yieldstreet is proud to be an equal opportunity employer. We celebrate diversity and are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without discrimination or harassment based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.