PGIM: Real Estate, Agency Summer Investment Analyst Program

Job Classification:

Investment Management - Investments

Primary Location(s):
Chicago, IL;
Arlington, VA/DC Metro Area

PGIM is the diversified asset management business of Prudential Financial, Inc. ( NYSE: PRU ). With $1.4 trillion in assets under management, and 41 offices spanning 20 countries, PGIM is among the world's leading asset managers. PGIM offers a distinct workplace culture that aligns with the firm's ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect, and equality.

PGIM was ranked #3 in Pensions & Investments Best Places to Work in Money Management in 2023. Prudential is a fully inclusive workplace: we value the unique perspectives and experiences of every individual, and we work hard to ensure Prudential is a welcoming and rewarding place to work for people of all identities and backgrounds.

With $218B in gross assets under management and administration ($139B net), PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.

PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate's risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing, and the local experience of professionals in 35 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world.

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The internship program will run from Monday, June 7th, 2027, to Friday, August 13th, 2027.

Our investment professional roles are open from July 17-August 14, 2026
. All other remaining roles will open on September 1st
. We reserve the right to close applications early due to volume or role(s) being filled. We review applications on a rolling basis, and we encourage you to apply as soon as you are ready.

To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruitment season.

Please note, Superday interviews are scheduled throughout the month of September. Candidate reviews and interview invitations will be extended on a rolling basis as applications are assessed.

You will be empowered to contribute in a meaningful way, add new value to organization initiatives and effect change.

Within our Agency Lending business, opportunities exist within our Underwriting and Deal Management teams:

• Underwriting - Analyze potential loans to ensure they meet appropriate standards. Day-to-day responsibilities include handling the due diligence process with internal and external parties, analyzing investment strategy, cash flow assumptions, and market data, and completing detailed investment packages for credit approval.
• Portfolio or Deal Management - Key responsibilities include assisting credit officers in achieving the overall domestic and international mortgage production goals and serving as a resource for origination teams on policies and procedures throughout the life cycle of a deal.

Responsibilities may include but are not limited to:

• Support the Real Estate Investment team in analyzing real estate debt transactions involving various capital sources such as Fannie Mae, Freddie Mac, and FHA.
• Assist with analytical tasks including market research, due diligence tracking, financial modeling, and preparation of materials for loan submissions across a range of multifamily property types.
• Help build and maintain Excel-based financial models to support property valuation and borrower credit assessments, with guidance from senior team members.

• Candidates must be enrolled in an accredited bachelor's program graduating between December 2027 and May 2028
• Minimum GPA of 3.0
• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration

• Finance, Economics, or Real Estate majors preferred but not required
• Strong quantitative skills and proven analytical ability
• Understanding of real estate and finance terms and concepts preferred
• Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously

• Submit your application.
• If eligible, receive invitation for a digital interview; this includes answering pre-recorded interview questions with the business(es) that advance your application(s).
• If advanced, receive invitation for final round interview(s); you will have the opportunity…