PGIM Real Estate Debt Originator

Prudential Financial • San Francisco, CA

6d • $215,000 - $230,000 • Onsite

About The Position

PGIM Real Estate's Originations team is responsible for all aspects of the loan origination process. As an Originator, you will 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. This role requires demonstrated experience in successfully originating and negotiating commercial real estate loans, evidenced by a strong track record of closed loans over the past several years. The expectation is that this person will assume direct originations responsibilities upon joining.

Requirements

• 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.

Nice To Haves

• MBA from a top program strongly preferred.
• Proficiency in MS Office applications (Excel, Word, and PowerPoint) and Argus strongly preferred.

Responsibilities

• Sourcing (directly and through partnering internally) and originating commercial real estate debt investments across the United States for PGIM’s investors.
• 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.
• Managing and developing a team of analysts and associates.

Benefits

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).

What This Job Offers

• Job Type: Full-time
• Career Level: Senior