Real Estate Associate

Real Estate Associate

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future including your own.

We're actively seeking talented Real Estate Associates to join our Real Estate Commercial Mortgage team in Bethesda, MD. As a Real Estate Associate, you'll play a key role in Pacific Life's continued growth and long-term success by providing analytical, underwriting, due diligence, and closing support for the new loan production efforts in the Eastern Regional Office that covers the major Eastern metros from Boston to Atlanta.

In addition to the Bethesda location, we will consider qualified candidates that will support the office while being based out of our headquarters in Newport Beach, CA. Pacific Life's Commercial Mortgage team focuses on a variety of property types and strategies across the United States including construction, permanent, bridge and fixed and floating rate loans. As of December 31, 2024, Pacific Life's mortgage loan investments total approximately $26 billion.

How You'll Help Move Us Forward

• Perform in a supporting role to solicit, underwrite and structure commercial and multifamily mortgage loans that meet Pacific Life's investment objectives.
• Research and evaluate sponsorship, location, market, and property-specific data to understand the key risks of each loan and vet underwriting assumptions.
• Conduct rent roll, income, and expense analysis.
• Create / modify complex cash flow models in Argus and Excel for commercial and multifamily properties.
• Participate in the preparation of internal memos, due diligence, and site inspections.
• Present verbal and written recommendations to Pacific Life's Real Estate Investment Committee.
• Review and analyze transaction documents and third-party reports as part of the due diligence and closing process.
• Interface with institutional-quality borrowers, brokers, and third-party service providers.
• Work cohesively within Pacific Life's Commercial Mortgage team and effectively interface with other offices, in-house mortgage loan origination teams, closing, construction services, asset management, capital markets, and loan servicing teams.
• Some travel required to evaluate investment opportunities and market Pacific Life loan programs.

The Experience You Bring

What Makes You Stand Out

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$121,770.00 - $148,830.00

Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

Pacific Life Insurance Company is an Equal Opportunity / Affirmative Action Employer, M / F / D / V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.