Commercial Property Assessed Clean Energy (C-PACE) is a tool used by property owners and developers to finance energy efficiency, renewable energy, and resiliency measures incurred to improve commercial property.
Founded in 2017, PLG is a leading national direct C-PACE lender. With an industry-leading balance sheet, PLG is focused on originating/servicing C-PACE loans nationwide. We are on the ground floor of something big - and we want you to be a part of it.
We are adding a CRE Construction Draw Specialist to our team. This position can be located in any of our offices (Minneapolis, Grand Rapids MN, San Diego, Chicago, New York), or remote. We are a small company, so you will immediately have an impact on the growth of our team. You will learn from seasoned commercial real estate finance veterans, while working in a growing field.
Your day-to-day responsibilities will vary, but primarily will be focused on construction draw requests, insurance tracking, and other C-PACE loan/asset management tasks.
If you have a drive to learn and work hard, and enjoy a small, growing environment, this is the role for you!
Primary Responsibilities
Critically reviewing and processing construction loan draw requests and balancing escrow accounts
Reviewing lien waivers for appropriateness and accuracy, and requesting further information when necessary
Ensuring that we are funding appropriately, according to the applicable PACE statute
Ensuring post-closing files are complete with updates on construction (i.e. progress photos, property financials, etc.)
Following up on trailing documents from loan closings (i.e. certificates of occupancy)
At close, reviewing and inputting loan information into servicing systems and files
Reviewing and filing insurance cancellations and following up with clients to ensure proper insurance is maintained
Troubleshooting questions from PACE Program Administrators regarding existing assets (such as post-closing commissioning confirmation)
Assistance with monitoring of existing portfolio and ensuring payments remitted on time and, where applicable, assisting with early payoffs
Reviewing applicable states' property tax bills to ensure borrowers paid PACE special assessments
Other tasks as needed
Skill set must include the following:
At least 1 year of experience with commercial construction draws/lien waivers
Extremely detail-oriented with demonstrated ability to follow through on tasks
Curious, with a problem-solving attitude (identify issues, but also suggest solutions)
Ability to manage several projects through the use of checklists and timelines. Research skills
Moderate Excel skills
Ability to work in a fast-paced environment while delivering accurate and quality work-product
We're proud to be an equal opportunity employer and welcome our employees' differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status. Difference makes us better. Join us.