OPT Commercial Real Estate Jobs
Commercial real estate jobs on OPT cover brokerage, asset management, financial analysis, and development roles. Most require a degree in finance, real estate, or business, and qualify as STEM OPT extensions when tied to a qualifying CIP code. Standard 12-month OPT gives you enough runway to land a full-time offer.
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Job Overview
PenFed is hiring a (Hybrid) Commercial Real Estate Operations & Servicing Specialist at our Irving, Texas Service Center. The CRE Operation and Servicing Specialist is responsible for coordinating, managing, and facilitating the operations and servicing process for commercial loans. This role involves working closely with lenders, borrowers, attorneys, third party companies, and other stakeholders to ensure all servicing and documentation is accurate, complete, and compliant with internal policies and regulatory requirements.
Responsibilities
Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.
Closing and On Boarding Servicing Support:
- Coordinate the collections of required commercial loan closings documents, including pre-closing, closing, and post-closing documents.
- Review and monitor closing documents and tasks to ensure accuracy and compliance.
- Act as a liaison between borrowers, attorneys, third party companies, lenders, and internal departments.
- Monitor closing checklists, tasks and deadlines to ensure timely execution and funding.
- Confirm that all prerequisite conditions precedent for closing has been met.
- Process funding requests and disbursements in accordance with closing instructions.
- Maintain and update loan files, records, and systems with accurate data.
- Assist with resolving issues or discrepancies that arise during the closing process.
- Ensure proper recording of legal documents and executed closing packages is stored and filed accordingly.
- Support audits, quality control reviews, and compliance reporting as needed.
System & Tool Management:
- Maintain CRM and commercial tools (e.g., Jack Henry, Silverlake, Synergy, RealInsight Platform).
- Support user training, documentation, and continuous improvement initiatives.
Compliance & Contract Support:
- Ensure compliance with internal policies and external regulations.
This role is responsible for ensuring business continuity.
Qualifications
Equivalent combination of education and experience is considered.
- Bachelor's Degree in a related field is strongly preferred.
- A minimum of five (3) years of experience in a financial/ commercial servicing setting, with at least (2) years of experience as an underwriter and/or Portfolio Manager in a financial setting, is required.
- Strong knowledge of Jack Henry CRE loan servicing products or RealInsite is highly desirable.
- Strong analytical skills and ability to interpret financial statements, rent rolls, and other reports with ease.
- Knowledge of PenFed structure, products, policies and procedures preferred.
- Strong written and verbal communication skills.
- Experience using AI tools preferred.
Supervisory Responsibility
This position will not supervise employees.
Licenses and Certifications
There are no additional certifications required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.
Travel
The ability to travel to various worksites and be on-call may be required.
Pay Transparency
The anticipated starting hourly range for this role is $23.28 - $37.31
This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.
This position is eligible for an individual performance based annual bonus.
LI-Hybrid
Benefits
At PenFed, we offer a robust benefits package designed to support you both personally and professionally. You'll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage. We also support growth via education assistance, community involvement, and volunteer opportunities.
Our Purpose
Helping members achieve their dreams since 1935. Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. PenFed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial services, always with members' interests in mind. PenFed is federally insured by the NCUA and is an Equal Housing Lender.
Berkshire Hathaway HomeServices PenFed Realty, LLC is a full-service real estate company ready to assist our clients with buying, selling and renting a home. The company is a wholly owned subsidiary of PenFed Credit Union and is the largest independently-owned brokerage in the Berkshire Hathaway HomeServices network, placing us in the top 1% of all real estate brokerages in the country. With almost 60 offices and nearly 2,000 world-class sales professionals, we offer complete service coverage in Virginia, Maryland, the District of Columbia, Delaware, Pennsylvania, West Virginia, Florida, Tennessee, Kansas and Texas. In addition, we also offer specialized client services which include management of vacation properties and long-term rentals, corporate relocation services and national referral network.
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at Careers@PenFed.org.
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Get Access To All JobsTips for Finding OPT Sponsorship in Commercial Real Estate
Target STEM-eligible roles first
Many commercial real estate analyst and financial modeling roles qualify for the 24-month STEM OPT extension if your degree is in finance, economics, or a related field. Confirm your CIP code with your DSO before applying to maximize your authorized work window.
Lead with your analytical skills
Commercial real estate firms hire OPT students primarily for underwriting, financial modeling, and market analysis. Emphasize Excel, Argus, and DCF modeling skills on your resume. Technical proficiency signals you can contribute immediately, which matters when employers weigh sponsorship costs.
Focus on firms with institutional deal flow
Large REITs, private equity real estate funds, and institutional asset managers are far more likely to sponsor visas than boutique brokerages. These firms have legal infrastructure in place and regularly convert OPT analysts to H-1B visa or O-1 visa status after the training period.
Get your EAD card before your start date
Your Employment Authorization Document must be valid on your first day of work, not just applied for. File your OPT application at least 90 days before your program end date and confirm your EAD arrival timeline with your DSO to avoid any gap between graduation and employment.
Understand the employer's timeline for H-1B
Commercial real estate roles typically convert to H-1B sponsorship, which has an April lottery deadline. Ask hiring managers early in the process whether the firm participates in H-1B, so you can plan your OPT runway around the next available registration window.
Report employment changes to your DSO promptly
OPT requires you to report any employer change within 10 days through your school's SEVIS portal. If you move between a brokerage and a development firm during your authorized period, update your records immediately to stay in status and protect future visa eligibility.
Commercial Real Estate OPT: Frequently Asked Questions
Can I work in commercial real estate on OPT?
Yes, commercial real estate roles including financial analyst, asset manager, acquisitions associate, and market research analyst all qualify for OPT work authorization as long as the position is directly related to your degree field. Finance, business, and real estate degrees are the most common qualifying backgrounds. Brokerage roles that pay exclusively on commission can create OPT compliance issues, so confirm the pay structure with your DSO before accepting an offer.
Do commercial real estate jobs qualify for the STEM OPT extension?
Many do, but it depends on your specific degree and the role. If your degree is in finance, economics, statistics, or a STEM-designated business field, and your job involves quantitative analysis, financial modeling, or data-driven research, you may qualify for the 24-month STEM OPT extension. Your DSO will confirm eligibility based on your CIP code. Roles that are primarily sales or client-facing are less likely to qualify.
What types of commercial real estate employers are most likely to sponsor visas?
Institutional employers with established legal teams, including large REITs, private equity real estate funds, commercial mortgage firms, and major asset managers, are most likely to sponsor H-1B or O-1 visas after your OPT period. Smaller boutique brokerages rarely have the infrastructure or deal volume to justify sponsorship. Browse Migrate Mate to identify which commercial real estate employers have a track record of hiring and sponsoring international candidates.
What happens if my OPT expires before the H-1B lottery results?
If your employer files an H-1B petition on your behalf and it is selected in the lottery, you may be eligible for a cap-gap extension that bridges the period between your OPT expiration and the October 1 H-1B start date. This extension is automatic as long as your OPT was still valid when the petition was filed. Talk to your DSO as soon as you receive an H-1B filing confirmation from your employer.
Can I work as a commercial real estate broker on OPT?
It is possible but complicated. OPT requires that your work be directly related to your degree field, and commission-only compensation structures can raise questions about whether the role meets employment requirements under SEVIS regulations. Some DSOs require documentation showing the position is a bona fide employment arrangement rather than independent contracting. If you pursue a brokerage role, confirm the compensation structure and employment classification with your DSO in writing before you start.