Commercial Loan Originator at Lennar

Job Description

Job Summary

LMF Commercial, LLC (“LMF”), a New York–based CMBS lender and wholly owned subsidiary of Lennar Corporation (NYSE: LEN), is seeking to expand its national Origination team. This role is responsible for sourcing, structuring, and executing first mortgage commercial real estate loans intended for securitization in the CMBS market.

The Originator will develop and manage relationships with commercial real estate owners and mortgage brokers, identify viable loan opportunities, and work collaboratively with internal underwriting, legal, and closing teams to guide transactions from initial screening through closing.

Positions are available in New York City, Miami, and Los Angeles, with national deal coverage.

Core Responsibilities

• Source and originate commercial mortgage loan opportunities suitable for CMBS execution across multiple property types
• Initiate and maintain broker and borrower relationships to drive new business and repeat transactions
• Evaluate loan opportunities for structural soundness, credit quality, and alignment with LMF lending parameters
• Collaborate closely with underwriting, asset management, legal, and closing teams throughout the loan lifecycle
• Participate in preliminary credit analysis, including review of rent rolls, operating statements, valuation, and sponsorship strength
• Assist in negotiating primary business terms and facilitating due diligence
• Manage internal and external stakeholders to support timely and efficient loan execution
• Maintain market awareness of CRE and CMBS trends, pricing, and competitive dynamics
• For senior-level roles: provide mentorship, deal leadership, and potential broker/client coverage oversight

Qualifications & Experience Required

• 3–5 years of experience in commercial real estate sales, structured finance, or commercial loan originations
• Proven exposure to commercial mortgage lending and transaction execution
• Existing broker and/or borrower relationships preferred
• Solid credit underwriting foundation, including financial analysis and deal screening
• Strong communication skills with the ability to interact effectively with internal teams and external counterparties
• Self-motivated, detail-oriented, and able to manage multiple transactions concurrently

Preferred

• Experience with CMBS and securitized lending structures
• Broad familiarity with multiple CRE asset classes
• Track record of originated or supported loan closings
• For senior titles: demonstrated production history, market presence, and ability to independently lead transactions
• This information is intended to be a general overview and may be modified by the company due to factors affecting the business.

General Overview of Compensation & Benefits:

• This position may be eligible for bonuses.
• This position may be eligible for commissions.
• This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
• This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

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Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

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