PGIM Real Estate - Executive Director, Transactions (Texas)

Prudential - Dallas, TX3.9

Full-timeEstimated: $99,000 - $140,000 a year
EducationSkillsBenefits
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 $69.2 billion ($49.5 billion net) as of June 30, 2018.

PGIM Real Estate’s tenured 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 http://www.pgimrealestate.com .

Position Summary:
PGIM Real Estate’s transactions team is seeking an Executive Director, Acquisitions to lead its acquisitions activities in Texas, 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:
Develop and cultivate strong relationships with owners of institutional-grade real estate, commercial real estate brokers and joint venture partners.
Leveraging the firm’s network of industry contacts, seek new transactions and work with a variety of sources to identify new investment and partnerships opportunities within assigned territories.
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.
Market potential transactions to PGIM Real Estate portfolio managers across all PGIM Real Estate’s US investment funds; present investment opportunities to the investment committee, as required.
Handle all areas of due diligence, acquisitions underwriting, deal modeling, deal structuring, financing, negotiation of deal terms and transition to the asset management group.
Qualifications

Bachelor’s degree required, Finance or Real Estate strongly preferred.
Minimum of 10 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.
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 is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

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.