PGIM: 2026 Real Estate, Investment Analyst Program (Equity)

Job Classification: Investment Management - Investments PGIM: 2026 Real Estate, Investment Analyst Program (Equity) This position is only available in the following locations: Newark, NJ/New York, NY; Atlanta, GA; San Francisco, CA When selecting your location preferences, only choose from the locations listed above. Applications that include unlisted or unavailable locations may not be considered. With $210B in gross assets under management and administration ($131B net), PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum. PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estates risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing, and the local experience of professionals in 35 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information, watch this short video or visit pgimrealestate.com. Be the future of PGIM. Every year, we seek talented soonto-be college graduates like you to join our team. From day one, heres what you can expect to experience Exceptional professional growth and career advancement, fully set up to succeed. New experiences and thrilling challenges, designed to maximize your potential. A supportive professional network as you connect and collaborate across divisions and regions. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Application Deadline: Monday, September 1st, 2025 (We review applications on a rolling basis and reserve the right to close earlier based on volume or role availability.) PGIM Investment Professional internship and full-time analyst applications open Tuesday, July 1st, 2025. All other role types open on or after Monday, August 4th, 2025. You may apply for up to three roles per recruitment season. What you can expect: You will be empowered to contribute in a meaningful way, add new value to organization initiatives and effect change. This role will be part of a structured 3-year Investment Analyst Program designed to provide hands-on experience in your designated business line. Within our Equity business, opportunities exist within our Asset Management and Acquisitions teams: Acquisitions (Transactions) Acquisitions analysts will be a part of a small team responsible for the sourcing, underwriting, financial modeling, and due diligence for new acquisitions on behalf of all PGIM Real Estates portfolios. Build cash flow and waterfall models, Investment Committee books, sensitivity tables, rent roll analyses, comparable property sets, and other financial analyses required to evaluate, pursue, and explain acquisition/development opportunities. Asset Management Collaborate with partners, consultants, property managers and leasing brokers to manage a portfolio of operating assets, development projects, and/or repositioning projects across the risk spectrum. Drive asset performance through the execution of leasing, operational, financing, and disposition strategies. Responsibilities may include but are not limited to: Provide general asset management and direction for a portfolio of assets located across varying fund risk spectrums including pre-development and development assets. Maintain frequent contact with property managers, operating partners, and leasing brokers. Review periodic property reports and track operating performance. Prepare regular updates summarizing results and respond to information requests. Prepare analyses of various investment decisions leasing, financing, acquisition, hold/sell. Analyze and underwrite investment opportunities for the acquisition and development of properties across all investment structures and risk profiles. Lead due diligence and closing processes for acquisitions in conjunction with portfolio and asset management teams. Create cash flow models, sensitivity tables, rent roll analysis, join venture waterfall models, and other financial analysis required to evaluate and pursue acquisition opportunities. What youll need: Candidates must be enrolled in an accredited bachelors program graduating between December 2025 and May 2026 Minimum GPA of 3.0 Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration Itd be a plus if you had: Finance, Economics, or Real Estate majors preferred but not required Strong quantitative skills and proven analytical ability Understanding of real estate and finance terms and concepts preferred Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously Heres what to expect when you apply: Submit your application | Apply to up to three roles that best match your interests and skills. Complete a first round video interview | If selected, youll be invited to record responses to a few interview questions. This helps our teams get to know you better and allows you to share your story on your own time. Join us for final round interviews | If you advance, youll be invited to meet with our teameither virtually or in personto learn more about our business, culture, and role. Note: The salary range for this role is $80,000 to $85,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudentials diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudentials iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We dont just accept differencewe celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential. PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIMs businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com. Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com. PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We dont just accept differencewe celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.