drjobs PGIM Real Estate –Investment Analyst, Equity Transactions (Newark, NJ & New York, NY)

PGIM Real Estate –Investment Analyst, Equity Transactions (Newark, NJ & New York, NY)

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Job Location drjobs

Newark - USA

Monthly Salary drjobs

$ 85000 - 90000

Vacancy

1 Vacancy

Job Description

Job Classification:

Investment Management - Investments

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential were always looking for ways to improve financial services. Were 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 youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading global asset managers!

If youre not afraid to think differently and challenge the status quo come and be a part of a dedicated team thats investing in your future by shaping tomorrow today.

At PGIM You Can!

What you will do

We are looking for an astute determined professional like you to fill the position of Investment Analyst within our US Transactions function.

You will be empowered to contribute in a meaningful way add new value to organization initiatives and effect change. This role will be part of a structured 3-year Investment Analyst Program designed to provide hands-on experience in your designated business line.

This individual be a part of a small team responsible for sourcing underwriting financial modeling and due diligence for new acquisitions on behalf of all PGIM Real Estates portfolios. Build cash flow and waterfall models Investment Committee books sensitivity tables rent roll analyses comparable property sets and other financial analyses required to evaluate pursue and explain acquisition/development opportunities.

This role is based in PGIM Real Estates Newark and New York City office.

What you can expect

  • Handle all areas of due diligence underwriting deal modeling and closing for acquisition and development opportunities across various markets and asset classes with varying investment structures and risk profiles.
  • Prepare Investment Committee memoranda and related materials through market research risk analysis and in-depth understanding of investment factors.
  • Assist senior Transactions professionals in deal structuring financing and negotiation of deal terms.
  • Alongside other senior members of the team develop and cultivate strong relationships with real estate owners operators brokers investment bankers joint venture partners and other industry players.
  • Work closely with asset management teams to monitor operational activity across existing portfolio validate underwriting and create business plans for new investments as well as provide support for existing assets and relationships as necessary.
  • Work as part of a small team of junior professionals to maximize productivity of the Transactions team support each other with complementary expertise and work together to develop the skillsets of analysts and interns.

What you will bring

  • Bachelors Degree required in finance accounting economics or a related field; emphasis in Real Estate preferred.
  • Minimum of 1-2 years of related real estate experience
  • Strong quantitative skills and demonstrated analytical ability including underwriting and financial analysis.
  • Understanding of basic real estate terms and concepts such as contracts rents operating expenses capital expenditures and occupancy.
  • Understanding of basic finance concepts such as NOI returns cash flow returns cap rates internal rate of return waterfalls and present value/discounted cash flow.
  • Understanding of key real estate agreements including purchase and sale agreements management agreements partnership agreements and loan agreements.

What will set you apart

  • Proficiency in Excel and Argus modeling of development joint ventures and wholly owned acquisitions of all real estate product types
  • Strong communication and written skills
  • Work ethic

*PGIM welcomes all applicants even if you dont 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 $85000 to $90000. Specific pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program whereby an award if any depends on various factors including without limitation individual and organizational performance.

About PGIM Real Estate

With $207.9 billion in gross assets under management and administration ($133.8 billion net)1 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 Estates 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 financing2 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 impact while pursuing activities that seek to strengthen communities around the world. For more information visit .

What we offer you:

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program whereby an award if any depends on various factors including without limitation individual and organizational performance. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.


Required Experience:

IC

Employment Type

Full-Time

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