Job Description

PGIM Real Estate is the global real estate investment business of Prudential Financial, Inc. (NYSE: PRU). Redefining the real estate investing landscape since 1970, PGIM Real Estate has professionals in 18 cities in the Americas, Europe and Asia Pacific with deep local knowledge and expertise, and gross assets under management of $120.0 billion as of June 30th, 2020

The U.S. Debt, Core Plus Investments team originates and manages high yield and non-core debt investments for PGIM Real Estate. The successful candidate would play an important and integral role on the team.

Job Description:

The high yield and non-core U.S. debt investment team is seeking a Vice President reporting to the Director of Investments for the strategy. This individual will be responsible for managing, sourcing and executing commercial real estate high yield and non-core debt investments up through closing.

Duties & Responsibilities:

* Handle and perform preliminary screening and execution of all core plus commercial real estate debt investment opportunities across all property types and geographies.
* Manage and screen a high volume of non-core debt investments presented by regional loan origination teams, of any property type, structure, or non-core debt strategy in conjunction with portfolio appetites including single-asset financings, development or portfolio financings.
* Present qualifying investment opportunities to portfolio management teams; present investment opportunities to the investment committee, as required.
* Develop and cultivate strong relationships with the regional loan origination teams, borrowers and sponsors of institutional-grade real estate, and commercial real estate mortgage brokers.
* Handle upfront negotiations, structuring and pricing of all structured finance investment types, including: senior whole loan debt, leveraged senior debt, mezzanine debt, and preferred equity investments.
* Handle all areas of property and borrower due diligence, underwriting, deal modeling, deal structuring, pricing, negotiation of deal terms and the transition to asset management.
* Leveraging the firms network of industry contacts, seek new transactions and work with a variety of internal and external sources to identify new investment opportunities.

Qualifications:

* Bachelors degree required, Finance or Real Estate strongly preferred.
* Minimum of 8 years of commercial real estate investment experience including sourcing and structuring real estate debt transactions.
* Demonstrated track record of investing successfully while displaying sound investment judgment.
* Possess strong commercial real estate structured finance investment acumen.
* Possess market relationships across the US including with a broad array of mortgage brokers and owners.
* Experience in originating individual and portfolio transactions.
* Understanding of risk management, portfolio diversification, and asset management.
* Strong quantitative skills and demonstrated analytical ability including underwriting and financial analysis.
* Interact professionally with internal and external parties, including debt originations team, equity transactions team, risk, legal, developers, investment firms, borrowers, and third-party service providers.

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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.