What are the responsibilities and job description for the Associate, Real Estate Investments position at Prime Finance?
About the company:
Founded in 2008, Prime Finance is a fast growing, diversified commercial real estate credit investment platform. It seeks to deliver attractive returns to investors with a range of duration and risk/return options. Prime Finance has reached an inflection point in its growth trajectory which presents an immediate opportunity to accelerate that growth through further
expansion of existing and new credit strategies as well as extensive investment in internal
processes, systems, and resources.
Job Summary:
Join one of Prime Finance’s five origination teams, based in Chicago. Help team source and close bridge real estate investment opportunities across property types including multifamily, office, retail, industrial, and hospitality. Responsible for creating initial deal sizings, including reviewing materials from brokers, conducting market research, and speaking with market participants when appropriate. Assist with managing the signed deal process through closing, including reviewing due diligence, completing the underwriting model, writing the investment memo, and touring the property.
Essential Functions:
The expected salary for this role is $115,000 - $180,000. Actual compensation will be determined by several components, including but not limited to: relevant experience, skills and qualifications, base salary of internal peers, and geographic location. In addition to base salary, this role may be eligible for a discretionary annual bonus and a variety of financial, wellbeing, and health / welfare benefits.
Equal Opportunity Employer:
Prime Finance provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Founded in 2008, Prime Finance is a fast growing, diversified commercial real estate credit investment platform. It seeks to deliver attractive returns to investors with a range of duration and risk/return options. Prime Finance has reached an inflection point in its growth trajectory which presents an immediate opportunity to accelerate that growth through further
expansion of existing and new credit strategies as well as extensive investment in internal
processes, systems, and resources.
Job Summary:
Join one of Prime Finance’s five origination teams, based in Chicago. Help team source and close bridge real estate investment opportunities across property types including multifamily, office, retail, industrial, and hospitality. Responsible for creating initial deal sizings, including reviewing materials from brokers, conducting market research, and speaking with market participants when appropriate. Assist with managing the signed deal process through closing, including reviewing due diligence, completing the underwriting model, writing the investment memo, and touring the property.
Essential Functions:
- Build initial property cash flow models to assess financing requests
- Determine which information provided by counterparty should be included and/or adjusted in the model including rent rolls, historical operating statements, and proforma cash flows
- Prepare internal deal profile and effectively present the asset history, business plan, strengths, risks and mitigants of each deal to leadership team
- Organize and track due diligence materials during the closing process
- Review and assess due diligence for signed deals, ensuring information provided is sufficient and raise any potential identified risks to team leaders
- Engage, review, and assist with finalizing third party reports, determining which third party provider to use, as well as whether the third party reports are accurate and complete
- Conduct Market Research
- Review multiple sources (CoStar, REIS, Trepp) to determine market and property type health, interview market participants, and perform firsthand rent surveys
- Travel to properties, tour markets, understand competitive landscapes
- Write Investment Memos, effectively demonstrating and summarizing the details of a signed deal in writing, and present to Investment Committee
- Leverage AI-powered tools and platforms to streamline data analysis and day-to-day responsibilities, improving speed and accuracy across deal execution.
- Bachelor’s degree in finance, business, real estate, or related field preferred
- Minimum 3 years of relevant work experience in real estate finance or real estate lending with strong preference for candidates who demonstrate prior deal closing experience
- Experience with commercial real estate valuation, credit underwriting, and market analysis
- Exceptional financial modeling skills in Excel and proficiency in Argus
- Excellent written and verbal communication skills
- Familiarity with multiple property types including multifamily, office, industrial, and hospitality
- Ability to work effectively on multiple projects simultaneously and proactively execute responsibilities without direct oversight
- Problem-solving attitude and motivated team player
The expected salary for this role is $115,000 - $180,000. Actual compensation will be determined by several components, including but not limited to: relevant experience, skills and qualifications, base salary of internal peers, and geographic location. In addition to base salary, this role may be eligible for a discretionary annual bonus and a variety of financial, wellbeing, and health / welfare benefits.
Equal Opportunity Employer:
Prime Finance provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Salary : $115,000 - $180,000