Overview As an Investment Associate in PGIM Real Estate, you will support debt originations across construction, mezzanine, and preferred equity structures. You'll work with a collaborative team to analyze CRE debt opportunities and contribute to closing processes. Your work will shape investment decisions, risk assessment, and market analysis to support disciplined growth. This role offers exposure to cross-functional teams and a pathway to develop as a real estate finance professional on a global platform.
Compensation / Benefits- base salary with annual bonus potential
- medical, dental, vision, life and disability insurance
- 401(k) with company match
- pension plan
- wellness programs including allowances
- educational benefits and certification support
Responsibilities- Analyze and underwrite CRE debt opportunities focused on structured debt (construction, mezzanine, preferred equity)
- Develop cash flow models, Argus models, sensitivity analyses, rent roll reviews, and waterfall calculations
- Prepare Investment Committee memoranda with market research and risk analysis
- Assess economic, market, legal, and political factors by geography for investments
- Assist senior staff in due diligence and closing processes for originations
- Support loan-level financings, appraisal review, and coordination with related groups
Key requirements- Bachelor's degree in Finance, Real Estate, or related discipline
- 3+ years of commercial real estate experience
- Knowledge of real estate terms (net/gross leases, NOP, cap rates, etc.)
- Understanding of finance concepts (IRR, NPV, DCF)
- Advanced Microsoft Excel
- Strong quantitative and analytical skills
- Ability to work independently and in teams with attention to detail
- Willingness to travel
- Professional interaction with internal and external stakeholders
- self-motivated
- team-oriented
- good judgement
- Argus Enterprise
- Microsoft Excel
- Cash flow modeling
