GEMSA Loan Services

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  GEMSALS.com

GEMSA Loan Services Reviews

Updated May 18, 2014
Updated May 18, 2014
9 Reviews
2.6
9 Reviews
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Joseph Beggins
3 Ratings

Employee Reviews

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  1.  

    Flexible work arrangements, mature management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Manager in Houston, TX
    Current Employee - Portfolio Manager in Houston, TX

    I have been working at GEMSA Loan Services full-time (more than 5 years)

    Pros

    Senior managers trust staff, upper managers are promoted internally, great view into commercial real estate

    Cons

    Lower pay when compared to energy. Tough to advance. Low growth rate as a business.

    Advice to ManagementAdvice

    Get more pay to keep mid level and lower level employees. Cull out malcontent employees-they are cancer.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Okay place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GEMSA Loan Services full-time

    Pros

    Its a nice place to start out right from college to get CRE experience.
    Can coast through your job pretty easily.

    Cons

    Poor middle management leadership.
    Worker drone like culture for analysts.
    Management doesn't keep the analysts aware of what goes on in the company.

    Advice to ManagementAdvice

    Make moves to retain the younger employees before they leave to better opportunities.
    There is zero team building activities. There needs to be some.
    Free up more funds for non-management. The 2% merit increases can be insulting.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    Good work-life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at GEMSA Loan Services

    Pros

    - Flexible hours
    - Good work-life balance

    Cons

    - Not enough training
    - Horizontal structure

    Recommends
    Positive Outlook
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  5.  

    A nice entry level job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Houston, TX
    Current Employee - Analyst in Houston, TX

    I have been working at GEMSA Loan Services full-time (more than 3 years)

    Pros

    Good experience if you're wanting to learn about the commercial real estate field

    Cons

    Pay is underwhelming, as are raises.

    Advice to ManagementAdvice

    Provide more money to the lower level positions.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Overall not a bad experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Portfolio Analyst in Dallas, TX
    Former Employee - Portfolio Analyst in Dallas, TX

    I worked at GEMSA Loan Services full-time (more than an year)

    Pros

    The company pays well, has adequate training for new employees and expects high standards.

    Cons

    There seems to be a high rate of turnover in Dallas. Many of the employees are not up to par regarding their job and have no idea what they are responsible for.

    Advice to ManagementAdvice

    Hire compentent staff and make sure everyone knows their job.

    Recommends
    Neutral Outlook
  7.  

    You better be a good “ole boy to work here.

    Former Employee - Analyst in Houston, TX
    Former Employee - Analyst in Houston, TX

    I worked at GEMSA Loan Services full-time (more than 5 years)

    Pros

    Get hired. Lean a few things. Then look for another job.

    Cons

    Senior management are doofs! They promote persons based on the college they went to and their outward appearance. If you went to Texas A&M you will make it here, not matter how dumb you are. Senior management is incompetent and word of caution to new hires! You won’t get promoted unless you “suck up”. Horrible place to work.

    Advice to ManagementAdvice

    Realize that persons that did not attend a Texas based college (i.e. Texas A&M) are also smart people

    Doesn't Recommend
  8.  

    Bittersweet

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst in Houston, TX
    Current Employee - Analyst in Houston, TX

    I have been working at GEMSA Loan Services

    Pros

    Flexibility
    Management does not stand over you
    Seasoned co-workers who are experts at their jobs
    Good job to have for the industry experience

    Cons

    Friendship has it benefits
    Graduates of certain university are preferred and promoted
    Poor communication from management; information is shared via office gossiping
    Management shares information with their friends instead of maintaining confidentiality
    Equal opportunities do not exist for minorities nor women
    Hard working employees are overlooked for promotions
    Employees are afraid to speak out for fear of retaliation

    Advice to ManagementAdvice

    Give your employees the same respect you want
    Be professional
    Talk and listen to your employees.

    Doesn't Recommend
  9. 1 person found this helpful  

    Good 'ole Boys Rule The School

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX

    I worked at GEMSA Loan Services

    Pros

    The company handles a lot of big clients and assets - its a great place to get your feet wet in commercial real estate.
    There are some great, talented people working there.

    Cons

    Only former frat boys (or frat boy copy cats) get promoted.
    Senior management has no clue who works for them and what people do.
    Office politics get in the way of good workers being promoted or retained.

    Advice to ManagementAdvice

    Actually hire some of the good temps that work for you instead of replacing them every 6 months. Communication with your employees goes a long way for morale; stop hiding in your offices and talk to people.

    Doesn't Recommend
  10.  

    Office clicks and politics are childish

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GEMSA Loan Services

    Pros

    CRE experience
    Possible opportunities to transfer to CBRE
    Decent work/life balance

    Cons

    Unprofessional work environment
    Office clicks are already formed and exclude others
    Oppirtunity for advancement is nill unless you happen to be a fan of the same college sports team of a hiring maager
    Lower level managers are unqualified and lack people skills

    Advice to ManagementAdvice

    Offer a more professional work environment and ask for feedback from employees

    Doesn't Recommend

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