Commercial Real Estate Debt Investment Analyst

7 days ago


San Francisco, California, United States PGIM Full time
About the Role

We are seeking a highly skilled Senior Investment Analyst to join our Debt Originations team at PGIM. As a key member of our team, you will be responsible for analyzing and underwriting commercial real estate debt investment opportunities across all property types.

Key Responsibilities
  • Analyze and evaluate commercial real estate debt investment opportunities, including financial modeling, risk assessment, and due diligence.
  • Develop and maintain relationships with internal and external stakeholders, including originations, transactions, risk, legal, developers, investment firms, borrowers, and third-party service providers.
  • Assist senior professionals in leading the due diligence and closing processes for originations in conjunction with portfolio management team.
  • Prepare Investment Committee memoranda and related materials through market research, risk analysis, and in-depth understanding of investment factors and credit risks.
  • Assist in loan level financings, appraisal review, and other activities that may require feedback from the debt originations or real estate transactions group, portfolio management team, or loan servicing group.
Requirements
  • Bachelor's degree in Finance, Real Estate, or related discipline.
  • 1-3 years commercial real estate work experience.
  • Understanding of basic real estate terms and concepts, including net leases, gross leases, contracts, rents, percentage rents, operating expenses, capital expenditures, expense recoveries, property types.
  • Understanding of basic finance concepts, including amortization, interest rates, net operating income, cash flow returns, cap rates, internal rate of return, present value/discounted cash flow, and property valuations.
  • Advanced knowledge of Microsoft Excel.
  • Strong quantitative skills and demonstrated analytical ability.
  • Self-motivated with perseverance, and a hands-on, proactive style.
  • Some travel is required.
Preferred Qualifications
  • Proficiency in Argus Enterprise.
  • Ability to operate independently and in a team environment, with good judgement and attention to detail while managing multiple projects simultaneously.


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