Associate, Private Strategies (CRE Debt)
Core
Associate supporting the sourcing, underwriting, and execution of commercial real estate debt transactions across the capital stack.
Role type
Associate, Private Strategies (CRE Debt)
Builds
Real estate debt investments (senior mortgages, mezzanine, CMBS, preferred equity) for PIMCO funds.
Domain
Real Estate Finance / Private Credit
Required skills
Financial modeling, Argus proficiency, Investment banking or private equity experience, Asset-level underwriting, Term sheet negotiation, Investment memo preparation, Due diligence management, Closing execution, Capital markets coordination, Leverage procurement, Asset management support
Preferred skills
Asset-level underwriting experience
Technologies
Excel, Argus
Responsibilities
Develop Excel models projecting project, borrower, lender, and fund-level cash flows; Draft and negotiate term sheets and loan documentation; Prepare detailed Investment Committee memos and presentations; Lead and/or manage due diligence of new investments; Lead and/or manage closing execution of new investments; Execute capital markets transactions; Develop and work with financing sources to procure leverage; Support asset management of fund investments
Seniority
Associate, 2-4 years experience