[Hiring] Director, Debt Capital Markets @Rex

Role Description

Rex is hiring a Director, Debt Capital Markets, to translate a disciplined, downside-first philosophy into the financing behind every multifamily asset we buy, hold, and refinance. With the portfolio entering a new buying cycle, the debt decisions made now will determine which assets we keep through the next downturn and how reliably we return capital to investors in the years ahead.

• Own outcomes across debt strategy, placement, and portfolio-wide liability management.
• Operate as the connective tissue between acquisitions, asset management, property management, finance, and the lender community.
• Evaluate every financing on total lifetime cost and risk, including prepayment flexibility, maturity exposure, rate structure, reserves, and covenants.
• Run competitive processes on every acquisition and refinance, bidding across agency, HUD, life company, bank, and CMBS lenders.
• Build and maintain the maturity and covenant calendar for the entire portfolio.
• Initiate every refinance 12 to 24 months ahead of maturity.
• Monitor covenant compliance, DSCR and debt yield tests, reserve requirements, and lender reporting obligations.
• Structure supplemental loans, preferred equity, mezzanine, and portfolio-wide credit facilities.
• Identify and develop new sources of capital.
• Partner with asset management and property management to drive operating performance.
• Track rate markets, spreads, lender appetite, and agency program changes.
• Leverage AI tools and modern analytics to streamline debt tracking and reporting.

Qualifications

• 7 to 10 years of multifamily debt experience, ideally in capital markets at an owner-operator or as an originator at an agency lender or leading debt brokerage.
• Direct, hands-on execution experience with Fannie Mae and Freddie Mac debt.
• Lived through the 2022-23 rate shock in a transaction seat.
• Deep command of loan structuring, including fixed versus floating rate tradeoffs.
• Proven track record running competitive lender processes and negotiating term sheets.
• Experience executing supplemental loans, preferred equity, mezzanine, and portfolio or credit facility structures.
• Strong command of Excel and real estate financial modeling.
• Fluency in property-level financials, including T12s and rent rolls.
• Experience managing maturity, covenant, and compliance calendars across a multi-asset loan portfolio.
• Deep, active relationships across agency lenders, debt brokers, life companies, banks, and CMBS lenders.
• AI-fluent, with a practical ability to use tools such as Claude and ChatGPT.
• High-energy, curious, and relentless, with the relationship IQ to earn lender trust.
• Owner’s mindset, ready to build with Rex for the long haul.
• Bachelor’s degree in finance, real estate, economics, or a related field preferred.
• Missionary mindset with full alignment to Rex’s mission.

Requirements

• Must be missionary to the bone.
• Hands-on builder who personally executes deals.

Benefits

• Base Salary: Commensurate with experience and market standards.
• Opportunity for performance-based bonus and/or equity in deals and funds.
• Comprehensive health, dental, and vision insurance.
• 401(k) with company matching.
• Fully remote work environment.