Associate - Real Estate Acquisitions and Originations

PCCP, LLC

San Francisco, CA

Salary Estimate: $125,000.00 - $149,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Job Description

Summary:
PCCP, LLC is looking for an Associate position within our San Francisco deal team to assist with both acquisitions and debt originations.

Responsibilities:
  • Underwrite potential deals including excel modeling and Argus.
  • Conduct market research including phone calls to brokers and other market participants.
  • Submit final drafts of investment memoranda for deal pipeline meetings and investment
    committee.
  • Meet deadlines for submitting materials.
  • At pipeline and investment committee meetings, the Associate should be able to make the
    opening presentation for all deals on which they are staffed. During the Q&A portion of
    the meeting, the Associate should demonstrate the ability to answer fact related questions
    and more theoretical questions on the fly asked by their colleagues and senior
    management in order to justify their position. The Associate should have a firm grasp on
    the market conditions and relevant sale and lease comps.
  • The Associate should read all pipeline summaries, including the ones that they are not
    working on, prior to the pipeline meeting.
  • Ability to prepare draft term sheets. Secondary role in review of legal documents to
    begin building knowledge of key issues, in support of superiors.
  • Coordinate due diligence by using checklists to help administer the closing process. The
    Associate should be able to ask questions of third party providers in order to demonstrate
    their understanding of the materials and their ability to sign off on the reports.
  • Ability to review and abstract leases, review guarantor financials and recognize
    differences between historical operating statements and their pro forma.
  • Interact with clients. Attend industry events on a regular basis in order to develop a
    personal network of industry contacts, and accompanies superiors on market visits to tour
    and understand every property that is under serious pursuit by the Associate.
  • Represent the firm’s goals and values.
  • Environmental, social, and governance (ESG) duties as assigned.
  • Other duties as assigned.
Qualifications:
  • Bachelor’s Degree with a minimum GPA of 3.5
  • 3-5 years of work experience (preferably real estate investment banking or private equity,
    but not required)
  • Advanced Excel Skills
  • Previous experience with Argus a plus, though not required
Competencies:
  • Communication. Writes and speaks clearly.
  • Analysis. Translate non-linear information into mathematic models.
  • Workload management. Work on multiple closings at once, quick production.
  • Autonomy. Takes guidance without literal direction.
PCCP Values:
  • Integrity
  • Relationship builder
  • Communicator
  • Collaborator
  • Work ethic
  • Curious
  • Confident
  • Accountable

Company Logo

PCCP, LLC

100-1500 employees

PCCP, LLC is a real estate finance and investment management firm focused on commercial real estate debt and equity investments.  PCCP has $24.2 billion in assets under management on behalf of institutional investors as of June 30, 2024.  With offices in New York, San Francisco, Atlanta, and Los Angeles, PCCP has a 26-year track record of providing real estate owners and investors with a broad range of funding options to meet capital requirements.  PCCP underwrites the entire capital stack to exploit inefficiencies in the market and provide investors with attractive risk-adjusted returns. Since its inception in 1998, PCCP has managed, raised or invested over $41.6 billion of capital through a series of investment vehicles including private equity funds, separate accounts and joint ventures.  PCCP continues to seek investment opportunities with experienced operators seeking fast and reliable capital. From 2021 to 2023, PCCP was recognized as a Best Place to Work in Money Management by Pension and Investments.

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