Loan Closer
Summary
Coordinates and manages the administrative and documentation process for closing commercial real estate loans, ensuring accuracy and compliance with business terms.
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $54 billion of assets under management as of March 31, 2026. Founded in 1998, Fortress manages assets on behalf of over 2,000+ institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. We had approximately 1002 employees and 218 investment professionals as of June 30, 2026, at our headquarters in New York and our affiliate offices around the globe.
About the Position
Support the CRE originations team by leading and coordinating the administrative and documentation processes required to close commercial real estate loans accurately and efficiently.
Responsibilities
- Lead and coordinate the loan closing process from approval through funding.
- Ensure loan documents are finalized and consistent with approved business terms.
- Ensure accuracy of fees, rates, payoffs, escrows, impounds, and reserve figures; reconcile with the loan documents and title settlement statement.
- Manage third-party reports and confirm all material findings are addressed through documentation, structure, or reserves.
- Track and collect all borrower closing deliverables, ensuring documents are dated, signed, and in final form.
- Confirm all compliance-related closing items are completed.
- Maintain complete file documentation, including business approvals, internal back-office signoffs, and external counsel approvals.
- Coordinate closely with originations, legal, underwriting, servicing, operations, and external counsel.
- Help identify and implement process improvements to make closings more efficient.
- Facilitate third-party support where appropriate to improve execution capacity.
- Support post-closing file organization and handoff as needed.
Qualifications
- Approximately 5+ years of relevant CRE loan closing, loan administration, transaction management, or similar experience.
- Paralegal or legal-documentation experience.
- Strong familiarity with commercial real estate loan documentation and closing workflows.
- Ability to manage multiple transactions simultaneously and drive timelines across internal and external stakeholders.
- Strong organizational skills, attention to detail, and judgment.
- Experience working with outside counsel, third-party vendors, and internal control functions.
- Strong communication skills with the ability to explain FIG’s closing process with counterparties.
Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.