Real Estate-Investment Associate

Job Classification
Investment Management - Investments

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact—touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can!

We are seeking a highly motivated Investment Associate to join our Debt Capital Markets team. This individual will play a key role in supporting the origination, structuring, and execution of debt transactions across various sectors and geographies. The ideal candidate will have strong analytical skills, a deep understanding of credit markets, and a passion for investment strategy.

This is a hybrid role, 3 in-office days minimum, located in our Chicago office.

• Support senior team members in the execution and oversight of debt originations, including construction, bridge, permanent, fund-level, and unsecured financings.
• Support relationship management with banking and broker partners.
• Analyze market trends and provide updates on debt capital markets, underwriting assumptions, and portfolio strategies.
• Collaborate with Asset Management and Acquisitions teams to close loans and ensure compliance with financial covenants and reporting requirements.
• Maintain and update loan information in the Chatham Debt Management system, ensuring timely and accurate reporting.

• Bachelor’s degree in Finance, Real Estate, Economics, or related field.
• 4-5 years of experience in debt capital markets, real estate finance, or related discipline.
• Strong analytical and quantitative skills.
• Excellent communication and relationship management abilities.
• Attention to detail and ability to manage multiple priorities in a fast-paced environment.

• Experience with debt management systems (e.g., Chatham Debt Management).
• Familiarity with loan documentation, financial covenants, and compliance reporting.
• Advanced Excel and financial modeling skills.
• Exposure to a variety of property types (multifamily, office, industrial, retail, senior housing).
• Ability to identify and address issues proactively, especially during market downturns.
• Collaborative mindset and willingness to engage with cross-functional teams.
• PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $115,000 to $135,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

With $207.9 billion in gross assets under management and administration ($133.8 billion 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 32 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…