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PGIM Real Estate Investment Associate

Job in Los Angeles, Los Angeles County, California, 90079, USA
Listing for: InforCapital
Full Time position
Listed on 2026-08-25
Job specializations:
  • Finance & Banking
    Portfolio & Asset Management, Financial Analyst
  • Real Estate/Property
    Portfolio & Asset Management, Financial Analyst, Commercial Real Estate
Salary/Wage Range or Industry Benchmark: 135000 - 145000 USD Yearly USD 135000.00 145000.00 YEAR
Job Description & How to Apply Below

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
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Position Requirements
10+ Years work experience
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