PGIM Real Estate Investment Associate

PGIM Real Estate — the real estate investment arm of PGIM, the global asset management business of Prudential Financial (NYSE: PRU), with $207.9 billion in gross assets under management and administration ($133.8 billion net) — is hiring an Investment Associate for its Debt Originations team in Los Angeles, CA. The role supports higher-yielding bridge, construction, mezzanine, and preferred equity transactions across commercial real estate property types. Responsibilities Analyzing and underwriting CRE debt investment opportunities Building cash flow models, Argus models, sensitivity tables, rent roll analyses, and waterfall models Preparing Investment Committee memoranda through market research, risk analysis, and credit-factor review Assessing economic, market, legal, and political conditions across an investment geography Assisting senior professionals with due diligence and closing in coordination with the portfolio management team Assisting with loan-level financings, appraisal reviews, and coordination with the debt originations, real estate transactions, portfolio management, and loan servicing groups Qualifications Bachelor's degree in Finance, Real Estate, or a related discipline At least 3 years of commercial real estate experience Working understanding of net/gross leases, operating expenses, cap rates, IRR, and discounted cash flow analysis Advanced Excel skills Argus Enterprise proficiency plus prior mezzanine, preferred-equity, or construction-financing experience (considered a plus) Hybrid schedule requiring 3-4 days per week in the office Company PGIM Real Estate operates across 32 cities globally, backed by a 50-year legacy of commercial real estate investing and a 140-year history in real estate financing, spanning equity, debt, agriculture, and impact strategies. Compensation & Benefits The disclosed base salary range for this role is $135,000-$145,000. Eligibility for an annual bonus 401(k) plan with company match up to 4% Company-funded pension plan Medical/dental/vision coverage Wellness program reimbursement of up to $1,600/year Employee stock purchase plan offering shares at 85% of the lower of two prices #J-18808-Ljbffr InforCapital