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Real Estate Summer Associate - MBA - Prudential Mortgage Capital Company 2014

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Company: Prudential

Location: Arlington, VA

Date Posted: January 4, 2014

Source: Prudential

Prudential Mortgage Capital Company (PMCC)

Position: Summer Investment Associate

Location: Los Angeles, CA, Arlington, VA, San Francisco, CA

Prudential Mortgage Capital Company ("PMCC") is one of the nation's largest full-service commercial, multi-family and agricultural real estate lenders. Prudential Mortgage Capital Company 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).

Prudential Mortgage Capital Company is seeking highly-motivated students currently attending top MBA programs for placement within our Loan Originations Team, a team that treats our talent like an investment. Prior experience in commercial real estate and finance is preferred. The successful candidates will play an important and integral role on the team.

The Summer Associates will join a fully-integrated mortgage origination team responsible for $500 million to a $1 billion of annual production ...

Prudential Mortgage Capital Company (PMCC)

Position: Summer Investment Associate

Location: Los Angeles, CA, Arlington, VA, San Francisco, CA

Prudential Mortgage Capital Company ("PMCC") is one of the nation's largest full-service commercial, multi-family and agricultural real estate lenders. Prudential Mortgage Capital Company 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).

Prudential Mortgage Capital Company is seeking highly-motivated students currently attending top MBA programs for placement within our Loan Originations Team, a team that treats our talent like an investment. Prior experience in commercial real estate and finance is preferred. The successful candidates will play an important and integral role on the team.

The Summer Associates will join a fully-integrated mortgage origination team responsible for $500 million to a $1 billion of annual production. The successful candidate will be responsible for assisting Loan Officers and Portfolio Managers in sourcing and originating commercial real estate debt investments for Prudential's wide variety of capital sources.

Valuable Opportunity to Contribute, Learn, and Network:

The Summer Associate will have the opportunity to engage in all aspects of the loan origination process, including presentations to senior management, debt structuring, pricing strategy, transaction negotiation and closing, and due diligence review. The position allows the Summer Associate to interact with existing and prospective borrowers, intermediaries, industry peers, and the legal community. They will also gain exposure to key decision makers within PMCC.

The exact team and the location of the position will be established once an internship offer has been made.

Benefits of the Position:

* Development of strong credit, underwriting, market research, and valuation skills
* Exposure to all commercial property types (multifamily, industrial, retail, office, hotel) and exposure to various domestic and international real estate markets
* Experience with multiple real estate debt capital sources, lending programs, and innovative loan structures
* Direct interaction with senior management, clients, and intermediaries
* Potential for full-time employment offer as an Investment Associate

Qualifications

* Candidate pursuing Graduate degree (MBA), ideally from a top graduate business program, graduating in May/June 2015
* Concentration/major/focus in finance and/or real estate a plus.
* Strong quantitative skills and demonstrated analytical ability.
* Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously.
* Outstanding communication, previous managing experience preferred.
* Ability to work both independently and as an integral member of a team.
* Proficiency in MS Office applications, (Excel, Word and PowerPoint), strongly preferred, experience with Argus a plus

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 and its affiliates, Newark, New Jersey are Equal Opportunity/Affirmative Action Employers and are committed to diversity in our workforce.

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.

Job Function
Internships

Primary Location
United States-California-Los Angeles

Other Locations
United States-California-Los Angeles, United States-Virginia-Arlington, United States-California-San Francisco

Schedule
Full-time

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