JobsSales Development RepresentativeLos AngelesBusiness Development Representative (B2B, Entry-Level) | Commercial Real Estate Finance
AST Defeasance
Posted yesterday · Jobs at AST Defeasance
Business Development Representative (B2B, Entry-Level) | Commercial Real Estate Finance
AST Defeasance · Los Angeles, California, United States
SAVE THIS JOB
In short
You will generate new business by reaching out to property owners, brokers, and referral sources to build a pipeline of opportunities. You will also work alongside experienced colleagues to guide prospects through complex commercial real estate finance transactions.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
The role requires strong communication skills, a competitive work ethic, and a desire to learn the commercial debt advisory trade. While sales experience is a plus, it is not required as full training is provided.
About the employer
AST Defeasance
AST Defeasance is the first choice of commercial real estate borrowers and lenders looking for the highest quality and lowest cost defeasance consultants. There are real differences between AST Defeasance and its competitors: 1) NO UPFRONT FEES. We don't get paid until the deal closes. 2) We offer the lowest cost defeasance services in the industry since we refuse to partner with individual broker-dealers. AST collects multiple bids from the largest investment banks on Wall Street. 3) We'll close your deal in 2 weeks guaranteed. 4) We have a 100% closing track record. 5) AST Defeasance assesses each commercial real estate deal individually, utilizing state-of-the-art techniques to lower defeasance costs, including Residual Sharing, Defeasing to the Open Window and Competitive Securities Pricing and Custom-Made Securities.
Read moreShow less
We know that defeasance is often the smallest part of our clients’ commercial real estate refinancings or sales. AST Defeasance manages the entire defeasance process from start to finish so you can focus on your closing.
- INDUSTRY
- Capital Markets
- COMPANY
- Privately Held
- FOUNDED
- 2006
- HEADQUARTERS
- Los Angeles, CA
- SIZE
- 11-50
- OFFICES
- 2 on LinkedIn
- OPEN HERE
- 5 roles
KNOWN FOR
Is your LinkedIn profile ready for roles like this?
A free review of your profile, scored against what Sales Development roles ask for, and what to fix first.
Questions about this role
- Is this AST Defeasance role remote?
- Tagged on site.
- What does it pay?
- The posting lists $35,000–$35,000 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 0-2 years.
The posting, in full
AST Defeasance is the largest firm in its field nationwide, advising on several thousand commercial real estate finance transactions every year. Defeasance, our core specialty, is a sophisticated strategy commercial property owners use to pay off certain loans early by replacing the property as collateral with a portfolio of securities. Building on that expertise, we’ve expanded into rate cap advisory, commercial loan assumption and loan workouts, so we can support property owners at nearly every stage of a loan’s life. We’re a boutique team, so there are no layers of hierarchy between you and the work. We provide top-tier mentorship - so once trained, you’ll be on active deals right away and your work will be seen and used.
▶ READ THE FULL POSTING▼ CLOSE THE FULL POSTING
Company Description
AST Defeasance is the largest firm in its field nationwide, advising on several thousand commercial real estate finance transactions every year. Defeasance, our core specialty, is a sophisticated strategy commercial property owners use to pay off certain loans early by replacing the property as collateral with a portfolio of securities. Building on that expertise, we’ve expanded into rate cap advisory, commercial loan assumption and loan workouts, so we can support property owners at nearly every stage of a loan’s life. We’re a boutique team, so there are no layers of hierarchy between you and the work. We provide top-tier mentorship - so once trained, you’ll be on active deals right away and your work will be seen and used.
Job Description
The role
As a B2B specialist, you’ll generate new business across our commercial real estate lending and financial consulting lines. You’ll build relationships with property owners, brokers and referral sources by phone, email and in person. You’ll be measured on contacts, engagements and closings - we reward your effort as much as we do your results.
What you’ll do
- Reach out to property owners, brokers and referral sources to build a pipeline of new opportunities
- Hold real conversations by phone, email and in person, and guide prospects toward a close
- Work and train alongside experienced colleagues on complex transactions, learning the trade of being a commercial debt advisor and solution artist
- Grow your skills through full training and hands-on deal experience
Qualifications
You might be a fit if you
- Are curious about sales and want to become a skilled salesperson, whether you’re just starting out or have limited experience
- Hunger, energy and work ethic are the most important characteristics for success in this role
- Communicate clearly and confidently, in writing and in person, and build rapport quickly
- Put clients first and enjoy being a problem solver and helping people succeed
- Are coachable, competitive, motivated by results and seeking mentorship
- Recent, new grads encouraged
- Sales or business development experience is a plus, not a requirement. We’ll teach you the rest.
What we offer
- Full training, plus direct exposure to high-stakes deals from your first month
- A small team where your work is visible
- Uncapped upside earning potential through our commission structure
Additional Information
- Base salary of $35,000 plus commission
- Year 1 earnings expectations: $50,000-$65,000, with uncapped commission structure
- Year 2 earnings expectations: $80,000-$100,000, with uncapped commission structure
- Sales Reps who successfully build their book of business have consistently reached $100,000+ in their second year.
Compensation: up to USD 35000 - yearly
SAVE THIS JOB
Similar roles open now
Business Development Representative
PeopleReady
Los Angeles, California$60k–$72kHybrid
EMPLOYER'S OWN SITE
POSTED TODAY
Business Development Representative (B2B, Entry-Level) | Commercial Real Estate Finance
AST Defeasance
Los Angeles, California$35kOn site
EMPLOYER'S OWN SITE
POSTED YESTERDAY
Sales Development Representative - AWS | Full-Time | Hybrid
Tech Holding
Los Angeles, California$80k–$100kHybrid · 4 days in office
EMPLOYER'S OWN SITE
POSTED YESTERDAY
Sales Development Representative
Epsilon3
Los Angeles, California$60k–$100kOn site
EMPLOYER'S OWN SITE
POSTED 3 DAYS AGO
Business Development Representative
Promenade
Santa Monica, California$70k–$80kHybrid
EMPLOYER'S OWN SITE
POSTED 3 DAYS AGO