Associate
Location:
Los Angeles , California
Posted:
October 18, 2017
Reference:
FNM0003L
PGIM Real Estate Finance (“PGIM REF”) is one of the nation’s largest full-service commercial, multi-family and agricultural real estate lenders. PGIM REF originates a wide variety of mortgage investments across its platform for Prudential’s General Account, investment management clients, and other third party capital sources (such as Fannie Mae, Freddie Mac, FHA, or other institutional investors).

PGIM REF is actively seeking a highly-motivated candidate to join its Originations Production team as an Associate within the multifamily finance group. This position will be located PGIM REF’s Los Angeles office. The incumbent will work as part of a production team within the Prudential Multifamily Agency Team and will be responsible for the following:
  • Preparing preliminary transaction analysis (review of market, borrower, financial statements)
  • Providing support to the production team in reviewing, structuring and pricing new transactions
  • Conducting complex preliminary "deal screening" analysis related to lending opportunities, including:
    • Analyzing alternate loan structures
    • Assessing the terms and conditions of subordinate debt, tax abatements, and rent restrictions
    • Reviewing of working group documents
  • Generating high quality pricing packages and applications
  • Assisting in facilitating the progress of transactions through underwriting and closing, including direct contact with the borrower on outstanding questions
  • Providing solutions to deal structuring issues that may arise in underwriting
  • May supervise day-to-day work of more junior employees

Qualifications:
  • Four or more years of real estate lending and/or multifamily lending or related experience
  • Knowledge of multifamily lending programs (Fannie Mae, Freddie Mac, and/or FHA is required
  • Strong quantitative skills and demonstrated analytical ability
  • Computer proficiency with a strong working knowledge of Microsoft Excel and ability to learn new and proprietary applications
  • Excellent written and verbal communication skills
  • Strong organizational skills, attention to deal, and the ability to manage multiple projects
  • College degree required

A little about us:
Prudential was founded on the belief that being financially prepared is a right, not a privilege.

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