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 $69.0 billion ($50.5 billion net) as of September 30, 2017
PGIM Real Estateenured team offers to its global client base a broad range of real estate investment vehicles that span the risk-return spectrum across core, core plus, value-add, debt, securities, and specialized investment strategies. For more information, please visit .
Job Description: PGIM Real Estatecquisitions team is seeking a Vice President, Acquisitions reporting to the regional head of acquisitions. This individual will be assigned to specific markets in the region and will be responsible for sourcing and executing commercial real estate acquisitions up through closing.
Duties & Responsibilities: - Handle all areas of due diligence, acquisitions underwriting, deal modeling, deal structuring, financing, negotiation of deal terms and transition to the asset management group.
- Develop and cultivate strong relationships with owners of institutional-grade real estate, commercial real estate brokers and joint venture partners.
- Market potential transactions to PGIM Real Estate portfolio managers across all PGIM Real EstateS investment funds; present investment opportunities to the investment committee, as required.
- Leveraging the firmetwork of industry contacts, seek new transactions and work with a variety of sources to identify new investment and partnerships opportunities within their assigned territory.
- Source investments of any property type, structure, or strategy within their region and in conjunction with portfolio appetite including single-asset acquisitions, development or portfolio acquisitions.
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 transactions.
- Demonstrated track record of investing successfully while displaying sound investment judgment.
- Possess strong market relationships across the US including with a broad array of brokers and owners.
- Experience in originating individual and portfolio transactions directly and through joint venture partners.
- Strong communication and negotiating skills.
- Understanding of risk management, portfolio diversification, and asset management.
- Strong quantitative skills and demonstrated analytical ability including underwriting and financial analysis.
Any applicant selected for this position will be required to submit to an extensive background screening and a credit check. Failure to comply will eliminate an applicant from consideration for this position. Any negative information obtained as a result of the background screening may result in the disqualification of the applicant from this and any other position in Prudential.
All candidates must be authorized to work in the United States. Prudential is an Equal Opportunity/Affirmative Action Employer and is committed to diversity in its workforce.
