Real Estate Debt Originations Associate

InforCapital; New York, Northern (NY, KY); Hybrid; USD 135,000 - 145,000; Full time

Job summary

PGIM Real Estate, the real estate investment arm of PGIM, seeks a Real Estate Investment Associate in New York. The role sits within Debt originations, focusing on bridge, construction, mezzanine, and preferred equity opportunities, with a hybrid schedule (3-4 days in office, 1-2 days remote).

Responsibilities include underwriting, building complex cash flow and Argus models, and preparing Investment Committee memoranda, supported by market research and risk analysis.

Qualifications

• Bachelor's degree in Finance, Real Estate, or a related discipline.
• 3+ years of commercial real estate work experience.
• Advanced Excel; Argus Enterprise proficiency is a plus.

Responsibilities

• Analyze and underwrite commercial real estate debt investments across property types.
• Build cash flow models, Argus models, sensitivity tables, rent roll analyses, and waterfall models.
• Prepare Investment Committee memoranda through market research and risk analysis.
• Analyze economic, market, legal, and political conditions in an investment's geography.
• Support senior professionals in leading due diligence and closing processes for originations.

Skills

Excel

Financial modelling

Real estate

Education

Bachelor's degree in Finance, Real Estate, or a related discipline

Tools

Argus Enterprise

Job description

PGIM Real Estate, the real estate investment arm of PGIM, seeks a Real Estate Investment Associate in New York. The role sits within Debt originations, focusing on bridge, construction, mezzanine, and preferred equity opportunities, with a hybrid schedule (3-4 days in office, 1-2 days remote).

Responsibilities include underwriting, building complex cash flow and Argus models, and preparing Investment Committee memoranda, supported by market research and risk analysis.