PGIM Real Estate Debt Originator
Prudential Financial
- Location
- San Francisco, CA, USA
- Work model
- On-Site
- Level
- Staff
- Salary
- $215k – $230k/yr
- Posted
- 22h ago
About this role
Job Classification: Investment Management - Investments 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!
What you will do
PGIM Real Estate’s Originations team engages in all aspects of the loan origination process. As an Originator, you would be directly responsible for sourcing and originating commercial real estate debt investments for our various investors with a focus on Core Plus loans on transitional assets. The expectation is that this person will assume direct originations responsibilities upon joining. We seek demonstrated experience successfully originating and negotiating commercial real estate loans as evidenced by a strong track record of closed loans over the past several years. What you can expect : Responsible for sourcing (directly and through partnering internally) and originating commercial real estate debt investments across the United States for PGIM’s investors. Responsible for managing all aspects of the loan origination process, including analysis, underwriting, debt structuring, pricing strategy, presentations to senior management, due diligence review, transaction negotiation and closing. Developing relationships with prospective borrowers and intermediaries while maintaining and building enduring relationships with existing clients across PGIM’s platform. Responsible for managing and developing a team of analysts and associates.
What you will bring
Minimum 10 years of experience in commercial real estate lending Substantial knowledge of the transitional bridge lending space. Substantial knowledge of the markets in Northern California and the Pacific Northwest. Existing borrower and broker relationships in Northern California and the Pacific Northwest. Familiarity with all major property types (multifamily, industrial, retail, office, self-storage). A credit mindset and the ability to review, structure and underwrite loans to mitigate risks corresponding to the needs of PGIM’s investors. Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously. Outstanding written and verbal communication skills. Ability to work both independently and as an integral member of a team. Management experience. What will set you apart: MBA from a top program strongly preferred. Proficiency in MS Office applications (Excel, Word, and PowerPoint) and Argus strongly preferred. *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 $215,000 to $230,000. 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. 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