Real Estate Associate

Responsibilities

• Perform in a supporting role to solicit, structure and underwrite commercial and multifamily mortgage loans that meet Pacific Life’s investment objectives.
• Research and evaluate locational, market, and property‑specific data.
• Conduct rent roll, income, and expense analysis.
• Create or modify complex cash flow models in Argus and Excel for commercial and multifamily properties.
• Organize and support analysis, draw objective conclusions.
• Present verbal and written recommendations to the 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 borrowers, brokers, and third‑party service providers.
• Work cohesively with in‑house mortgage loan origination, closing, construction services, asset management, capital markets, and loan servicing teams.
• Travel as required to evaluate investment opportunities and market Pacific Life loan programs.

• Bachelor’s degree (BS/BA).
• 3‑5 years of related experience in evaluating and underwriting investment merits and risk associated with commercial real estate.
• Proficiency with real‑estate analysis software including Microsoft Word, Excel, PowerPoint, and Argus.
• Excellent analytical, research, and creative problem‑solving abilities.
• Strong communication 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.

• Master’s degree in Real Estate or MBA (strongly preferred).
• Experience with multi‑family, industrial, retail, and office property types.
• Prior commercial real estate debt underwriting experience and knowledge of capital markets.
• Proficiency with Argus strongly preferred.

$ – $

• Medical, Dental, Vision, and Wellbeing Reimbursement Account.
• Generous paid time off options:
  Paid Time Off, Holiday Schedules, and Financial Planning Time Off.
• Paid Parental Leave and Adoption Assistance Program.
• Competitive 401(k) savings plan with company match and an additional contribution regardless of participation.

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.