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 Estate’s 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 soon–to-be college graduates like you to join our team. From day one, here’s 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 Estate’s 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