PGIM Real Estate Investment Associate Originations (New York City, NY)
Core
Analyze and underwrite commercial real estate debt investment opportunities, specifically structured debt originations including construction, mezzanine, and preferred equity transactions.
Role type
Investment Associate (Debt Originations)
Builds
Commercial real estate debt investments (bridge, construction, mezzanine, preferred equity)
Domain
Commercial Real Estate / Debt Capital Markets
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work -> research | client delivery
Required skills
Financial modeling (cash flow, Argus, sensitivity, waterfall), Real estate underwriting, Market research, Risk analysis, Loan level financing analysis, Appraisal review
Preferred skills
Construction financing expertise, Mezzanine and preferred equity experience, Argus Enterprise proficiency
Technologies
Microsoft Excel, Argus Enterprise
Responsibilities
Create cash flow models, Argus models, and sensitivity tables; Prepare Investment Committee memoranda; Analyze economic, market, legal, and political conditions; Assist in due diligence and closing processes; Assist in loan level financings and appraisal review.
Seniority
Mid-level IC (3+ years experience)