PGIM Real Estate – Investment Associate, Equity Capital Markets Transactions

Job Classification

Investment Management - Investments

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What You Will Do

We are seeking an Investment Associate to join our Equity Capital Markets acquisitions team within the US Transactions group. This individual will work directly with senior members of the team and junior-level peers to execute broad-based investment activity nationally with a focus on alternative sectors, programmatic joint ventures, and structured transactions. The successful candidate will be responsible for all aspects of underwriting, analysis, due diligence, and closing commercial real estate acquisitions and joint ventures as well as promoting collaboration and team culture in a fast-moving environment.

This is a hybrid role (minimum 3 days in the office) based in PGIM Real Estate’s Newark, NJ or New York City, NY office.

What You Can Expect

• Handle all areas of due diligence, underwriting, deal modeling, and closing for acquisition and development opportunities across various markets with varying investment structures and risk profiles
• Prepare Investment Committee memoranda and related materials through market research, risk analysis, and in-depth understanding of investment factors
• Analyze economic, market, legal, and political conditions within assigned sectors and regions
• Assist senior Transactions professionals in deal structuring, financing, and negotiation of deal terms
• Alongside other senior members of the team, develop and cultivate strong relationships with real estate owners, operators, brokers, investment bankers, joint venture partners, and other industry players
• Assist senior Transactions professionals to identify, analyze, and present new/unique real estate investment opportunities
• Assist senior Transactions professionals to present potential transactions to portfolio managers across all of PGIM Real Estate’s US investment funds as well as assist in presenting investment opportunities to the Investment Committee
• Work closely with asset management teams to monitor operational activity across existing portfolio, validate underwriting, and create business plans for new investments as well as provide support for existing assets and relationships as necessary
• Work as part of a small team of junior professionals to maximize productivity of the ECM team, support each other with complementary expertise, and work together to develop the skillsets of analysts and interns
  
  

What You Will Bring

• Bachelor’s degree required; Finance, Real Estate, or related discipline strongly preferred
• Minimum of 3-5 years of commercial real estate investment (acquisitions) or capital markets experience including underwriting, due diligence, and closing real estate transactions
• Excellent oral and written communication and interpersonal skills
• Strong quantitative skills and demonstrated analytical ability including underwriting and complex financial analysis
• PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
  
  

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $115,000 to $125,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits.

About PGIM Real Estate

PGIM Real Estate is one of the largest real estate managers in the world with more than $180 billion in gross assets under management and administration. It strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. PGIM’s scope of insights, rigorous risk management and seamless execution are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing and the deep local expertise of professionals in 32 cities globally. PGIM Real Estate Agricultural Finance is one of the largest agricultural investment managers with over $10.5 billion in debt and equity investments. PGIM Agricultural Finance, the debt side of the business, represents approximately $8.5 billion of the total and invests on behalf of its affiliate and third-party institutional investors.

What We Offer You

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
  
  

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.