Real Estate Associate

3 weeks ago


Newport Beach, United States Pacific Life Full time

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead - our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate - pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future - including your own.

We’re actively seeking a talented Real Estate Associate to join our Real Estate Equity team in Newport Beach, CA. This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.

As a Real Estate Associate, you’ll play a key role in Pacific Life’s growth and long-term success by providing analytical, underwriting, due diligence, and closing support for the Real Estate Equity team. The Real Estate Equity team focuses on a variety of property types (multi-family, industrial, etc.) and strategies across the United States including acquisitions (core, core-plus, and value-add), ground-up developments, and capital transactions which may also include mezzanine and preferred equity. The team’s primary focus is on the multi-family sector with over 16,500 units under ownership within a $5.9Bn multi-family portfolio.

**How you’ll help move us forward**:
Provide analytical and underwriting support in order to determine the merits and risks of investment opportunities to meet investment objectives.
Research and evaluate locational, market, and property specific data.
Conduct rent roll, income, and expense analysis.
Organize and support analysis, draw objective conclusions. Present verbal and written recommendations to Pacific Life’s Real Estate Investment Committee.
Review and analyze transaction documents and third-party reports as part of the due diligence and closing process.
Interface with institutional-quality joint venture partners, brokers, lenders, and third-party service providers.
Work cohesively with Pacific Life Investments in-house asset management, legal, construction services, capital markets, and mortgage loan origination and servicing teams.
Some travel required to evaluate investment markets and opportunities.

**The experience you bring**:
Bachelor's Degree (BS/BA)
3+ years of experience in evaluating and underwriting investment merits and risk associated with commercial real estate.
Experience with multi-family
Excellent analytical, research and creative problem-solving abilities.
Strong communications and presentation skills, able to interface with top level executives.
Excellent organizational and time management skills to prioritize workflow and deadlines, self-starter with the ability to work independently with a team player attitude.

**What makes you stand out**:
A Master’s Degree in Real Estate or MBA - strongly preferred
Industrial and office experience is desirable
**Note**: Job level may vary based on skills and experience.

You can be who you are.
LI-AJ1
LI-hybrid

**Base Pay Range**:
$118,800.00 - $145,200.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

**Generous paid time off options including**: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

Paid Parental Leave as well as an Adoption Assistance Program

Competitive 401k savings plan with company match and an additional contribution regardless of participation

**EEO Statement**:
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.



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