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"7108 N Fresno Street, Fresno, CA", "locations": ["7108 N Fresno Street, Fresno, CA", "Fresno, CA, USA"], "hot": 0, "department": "Loan Origination - Agricultural Financing", "business_unit": "PGIM Private Alternatives", "t_update": 1701722764, "t_create": 1692144000, "ats_job_id": "R-115122", "display_job_id": ["R-115122"], "type": "ATS", "id_locale": "R-115122-en", "job_description": "Job Classification: Investment Management - Investments PGIM Real Estate - Agriculture Asset Manager, Vice President (Fresno, CA) A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE Our Vision: At PGIM, we care about our employees, and we are committed to seeing them succeed. We provide our employees with access to professional development and support to help drive their success and ability to innovate. What you will do: To support the company's ambitious growth plans, PGIM Real Estate is seeking a highly motivated professional to join the company's Agricultural Investments group as an Asset Manager. The position is responsible for acquiring and managing farmland assets in the Western region of the U.S. in order to achieve fund and individual client objectives. The candidate will be an integral part of the Western regional asset management and farm management team. What you can expect: Provide general asset management and strategic direction for a portfolio of properties. This includes regular property visits and frequent contact and direction with internal farm mangers and on-site managers (custom farmers) Oversee the budget process and preparation of the annual strategic plan for each property. Review periodic property reports and track operating performance. Prepare regular updates and quarterly reports summarizing results and respond to information requests Assist the portfolio management and transactions teams for both the acquisition and disposition of properties Serve as the market expert in assigned territories/commodities. Understand general trends and individual property markets / submarkets. Supervise, mentor and train junior members of the team Prepare analyses of various investment decisions and provide written recommendations - leasing; capital improvement; development/redevelopment; acquisition; hold/sell Review quarterly appraisals for factual accuracy and consistency with other similar properties Must be able to travel to farms on a regular basis which will require use of a personal vehicle and valid driver's license. Potential for air travel to visit farms, on an as needed basis What you will bring: Bachelor's degree, required Minimum of 8 years of relevant real estate/agriculture investment experience, required Understanding of key real estate agreements including purchase and sale agreements, management agreements, commodity marketing agreements, crop insurance and leases Understanding of risk management and portfolio diversification Understanding of basic finance concepts such as NOI returns, cash flow returns, internal rate of return, present value/discounted cash flow, capital markets Experience managing a sizable portfolio of farmland or real estate assets within institutional caliber organizations Awareness of portfolio goals and ability to develop and monitor specific plans for individual investments that contributes to these goals Ability to make presentations to senior management, investment committee, or clients Strong quantitative skills and demonstrated analytical ability Strong interpersonal communication skills Strong business writing skills We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role. What we offer you: Medical, dental, vision, life insurance and PTO (Paid Time Off) Retirement plans: 401(k) plan with generous company match (up to 4%) Company-funded pension plan Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development. Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations. To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $115,00 to $165,000. 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. About PGIM Real Estate With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 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,2 and the local experience of professionals in 32 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 visit pgimrealestate.com. About PGIM - Global Asset Management PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.2 trillion in assets under management as of 30th December,2022. With offices in 18 countries, PGIM's 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. With a history dating back almost 145 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com Our Commitment to Diversity, Equity, and Inclusion Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We do not just accept difference\u2014we 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. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand. 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. The Prudential Insurance Company of America, Newark, NJ and its affiliates. Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential. PEOPLE WITH DISABILITIES: If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com. Please note that the above email is solely for individuals with disabilities requesting an accommodation. 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