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2021 Real Estate Summer Investment Analyst Program: PGIM

2021 Real Estate Summer Investment Analyst Program: PGIM

Location(s):
Madison, NJ, New York, NY, Atlanta, GA, Chicago, IL, San Francisco, CA, Los Angeles, CA, Dallas, TX, Arlington, VA
              
Timeline:
We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. Our goal is to notify you of your status within 3 weeks after each application period concludes.

Application Periods:
·        Period 1: July 15, 2020 to September 1, 2020
·        Period 2: September 1, 2020 to October 1, 2020
·        Period 3: October 1, 2020 to November 1, 2020

All applications should be fully completed by November 1, 2020
 
To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruiting season. All applications must be submitted within one sitting. 

How to Apply: Click here: https://bit.ly/Pru2021_RE_Intern

Your Impact:
Are you a rising junior?  Are you highly motivated, intellectually curious and willing to jump in to make impactful contributions? Are you ready to be a key contributor to a team and help get the job done? If so, then becoming a Summer Real Estate & Real Estate Finance Investment Analyst within a culture that treats our talent like an investment might be the right job for you!
 
As a Summer Investment Analyst, you will have the opportunity to work as part of a Real Estate Investment team in either our Real Estate (Equity side) or Real Estate Finance (Debt side) businesses to provide in-depth analysis of potential real estate transactions across a variety of capital sources. You will perform financial modeling and analysis of potential real estate transactions. 
 
In this role you will interact professionally with senior management, originators, borrowers, joint venture partners, brokers and investors. You will provide analytical support to senior members of the team on a wide variety of assignments.

Opportunities vary and may include the following:

PGIM Real Estate Equity Business
·        Acquisitions – Acquisitions analysts will be a part of a small team responsible for the sourcing, underwriting, financial modeling, and due diligence for new acquisitions on behalf of all of PGIM Real Estate’s portfolios. Create cash flow models, Investment Committee books, sensitivity tables, rent roll analyses, comparable property sets, joint venture waterfall models, and other financial analyses required to evaluate, pursue and explain acquisition opportunities. 
·        Asset Management – Collaborate with partners, consultants, property managers and leasing brokers to manage a portfolio of operating assets, development projects, and/or repositioning projects across the risk spectrum. Drive asset performance through the execution of leasing, operational, financing, and disposition strategies.
·        Research - Provide economic and real estate market analysis in support of investment decisions and strategy development.

PGIM Real Estate Debt Business
·           Originations - Assist investment professionals in analyzing and securing loans. Responsible for all phases of evaluating new investment opportunities including cash flow modeling, property valuation, sensitivity analysis, market research, and credit analysis. Help manage the deals throughout the due diligence and closing process.
·           Underwriting - Analyze potential loans to ensure they meet appropriate standards. Day-to-day responsibilities include handling the due diligence process with internal and external parties, analyzing investment strategy, cash flow assumptions, and market data, and completing detailed investment packages for credit approval.
·           Portfolio or Deal Management – Key responsibilities include assisting credit officers in achieving the overall domestic and international mortgage production goals and serving as a resource for origination teams on policies and procedures throughout the life cycle of a deal.


Job responsibilities may include the following:

·        Conducting financial modeling to evaluate potential new investment opportunities.
·        Underwriting and analysis to support asset management decisions (e.g. leasing, financing, buy/sell scenarios, property valuations, and joint venture structuring).
·        Creating and executing strategies for developments, renovations/repositionings, and capital projects. 
·        Interfacing with external parties including leasing/sales brokers, property managers, joint venture partners, and legal counsel.
·        Providing analytical support on a wide variety of assignments including market research, review of property operating statements, cash flow modeling, property valuation, borrower credit review, and preparation of loan briefs for investment committee approval.


Qualifications:

·           Candidates must be graduating between December 2021 and June 2022
·           Candidate pursuing BA/BS degree. Finance, Economics, or Real Estate majors preferred but not required with a minimum GPA of 3.2
·           Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration
·           Strong quantitative skills and demonstrated analytical ability
·           Understanding of real estate and finance terms and concepts preferred
·           Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously

Click here to learn more about PGIM Real Estate

Our Application Process:
1.   Submit your application.
2.   Receive invitation for first-round digital interviews – Part one includes telling us about yourself via a digital introduction. Part two includes answering pre-recorded interview questions with the business(es) that are advancing your applications(s).
3.   Last step, final round interviews– If selected, you will have the opportunity to meet with us in person or virtually to learn more about our business and culture.

For 2021 early talent roles, our process is designed to help you learn more about Prudential and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of your team. Want to learn more? Click here to review our FAQ’s.

Find your place, make an impact. See how good a Prudential career can be by applying at jobs.prudential.com/students