Job Description

Newmark is one of the nation’s leading providers of multifamily capital solutions. The firm boasts a 96 year history and a servicing portfolio of over $186B billion representing more than 5,200 loans. This extensive and diverse national platform allows us to deliver superior execution in every market in the country.

As part of its multifamily expertise, Newmark offers the full complement of FHA, Fannie Mae, Freddie Mac, Bridge, CMBS, Life Company and Bank products. Focusing on a three-pronged strategy of exceptional people, unique multifamily capital solutions and superior technology, our team across the nation provides our customers with a competitive advantage through speed, creativity, ease of interface and certainty of execution.

The HUD Bridge and Production Review Manager serves as a critical front-end and execution partner to the Production, Underwriting, and Credit teams. This role is responsible for evaluating prospective HUD multifamily transactions at the earliest stages, applying deep technical expertise while maintaining a pro-production, solutions-oriented mindset

The position is designed for an experienced underwriting professional who enjoys deal evaluation, structuring, and execution—but does not seek a fully commissioned sales role. The Manager will work closely with producers to identify viable transactions, surface risks early, shape deal strategy, and support execution through Newmark’s balance-sheet bridge lending platform, including coordination of internal credit approval packages.

This role requires strong judgment, credibility with producers, and the ability to translate technical constraints into actionable deal paths.

Deal Pre-Screening, Evaluation & Production Support (55–60%)

• Serve as a primary technical partner to Production/Sales teams in evaluating prospective HUD multifamily transactions prior to engagement.
• Coordinate workflow and deliverable preparation with Newmark’s Global Support Team, including assigning, reviewing, and validating support work to ensure accuracy, completeness, and alignment with HUD requirements and internal standards.
• Conduct initial deal assessments, including review of property characteristics, sponsorship strength, transaction structure, market considerations, environmental clearance and HUD program fit.
• Identify early-stage risks, constraints, and execution challenges while proposing viable structuring or timing solutions to support production objectives.
• Provide clear, actionable feedback to producers regarding deal viability, required conditions, and next steps.
• Coordinate internally with underwriting, third parties, and Agency credit teams as needed to validate assumptions during pre-screen.
• Assist in prioritizing deals entering the pipeline based on readiness, complexity, and strategic fit.

Balance Sheet Bridge Lending & Credit Package Coordination (30–35%)

• Support execution of Newmark’s balance-sheet bridge lending strategy for HUD-eligible and HUD-transition transactions.
• Coordinate preparation of internal bridge credit packages, including assembling transaction narratives, financial summaries, risk considerations, and execution timelines.
• Partner with Production and Underwriting teams as applicable to ensure bridge packages are complete, accurate, and positioned for approval.
• Apply underwriting judgment to evaluate bridge-to-HUD feasibility, timing risks, and exit strategy alignment.
• Track bridge execution milestones and coordinate internally to support timely approvals and closings.
• Serve as a continuity point between bridge execution and long-term HUD financing strategy.

HUD Program Expertise & Technical Advisory (10–15%)

• Maintain strong working knowledge of FHA multifamily programs, MAP Guide requirements, HUD underwriting standards, and internal Newmark policies.
• Apply program knowledge to pre-screen decisions, structuring discussions, and bridge execution strategy.
• Research HUD guidance, policy updates, and program nuances as needed to support deal evaluation.
• Provide technical insight to production teams regarding program eligibility, timing considerations, and anticipated HUD review issues.

Cross-Team Collaboration & Process Improvement (5–10%)

• Act as a connective role between Production, Underwriting, and Bridge teams to ensure alignment and efficient execution.
• Identify recurring pre-screen issues, friction points, or missed opportunities; recommend process improvements or screening enhancements.
• Support refinement of pre-screen tools, templates, and internal decision frameworks.
• Contribute to training or informal knowledge-sharing with producers on HUD execution realities.

Core Competencies

• Strong underwriting and analytical judgment with the ability to assess risk and feasibility quickly.
• Pro-production mindset: solution-oriented, commercially aware, and collaborative.
• Ability to communicate technical concepts clearly to non-technical stakeholders.
• High credibility with producers, underwriters, and credit professionals.
• Comfortable making recommendations and owning preliminary deal opinions.
• Ability to manage multiple opportunities simultaneously in a fast-moving environment.
• Strong organizational, prioritization, and communication skills.
• Proficiency with Excel, Word, and underwriting or deal-tracking systems.

Qualifications

• Bachelor’s degree required; advanced degree or relevant MAP certifications a plus.
• 5+ years of experience in HUD multifamily underwriting, commercial real estate underwriting, or structured real estate finance.
• Direct experience with FHA multifamily programs strongly preferred.
• Prior exposure to bridge lending, balance-sheet lending, or credit committee processes is highly desirable.
• Experience working closely with production or sales teams preferred.