MetLife

Global Real Estate and Agricultural offers an opportunity to shape thriving markets and drive meaningful impact. With one of the world’s largest portfolios - spanning real estate, debt and equity, and agricultural mortgages - we connect expertise with discipline, investing across the risk spectrum – from core to opportunistic. Here, you’ll collaborate with top professionals, navigate evolving markets and contribute to investments that drive performance through value creation and above-market returns. If you're looking for a role that combines strategic thinking with real-world impact, MetLife Investment Management is where you will make a difference.

MIM’s Global Real Estate and Agricultural Investments maintains a portfolio invested in commercial real estate and agricultural mortgages, as well as real estate equities.  In addition to sourcing and managing these investments, the groups are responsible for developing and maintaining relationships with key industry contacts and referral sources.  The mortgage portfolio and equity portfolio units are organized according to specialty, and they actively manage MetLife’s portfolio of mortgage loans and equity investments in agricultural, office, apartment, retail, industrial, and hotel properties. The portfolio units are responsible for overall portfolio strategy, pricing, transaction approval and credit approval on new loans, as well as the active management of the overall mortgage and equity portfolios.  Real Estate Investments sources and manages commercial real estate investments through seven regional field offices (Los Angeles, San Francisco, Chicago, Dallas, Whippany, NJ, Washington, DC, and Atlanta) and four international offices (London, Mexico City, Tokyo and Santiago).  

This role will be responsible for supporting new equity acquisitions for MetLife’s general account and third-party investors. The portfolio includes office, retail, industrial, multi-family, hotels, plus alternative investments such as data centers, senior housing, manufactured housing, single family residential communities and self-storage.   

• Support the Acquisitions and Joint Ventures team in the Los Angeles Region in underwriting, due diligence, acquiring and closing equity investments for the MetLife general account as well as MIM Real Estate’s third-party investment accounts.  
• Assist in the underwriting, valuation and financial analysis of potential transactions utilizing Excel and Argus software by interpreting rent rolls, income statements, offering memorandums, development models, and other relevant property level reports.
• In-depth analytical analyses involving advanced Excel modeling of potential acquisitions and developments, including sensitivity analysis, various leverage structures, joint venture waterfalls and promote structures.
• Assist in preparation of transaction approval memos including market research/trends to formulate underwriting assumptions.
• Assist in due diligence including ARGUS audit, review of tenant estoppels, rent roll/lease verification and OFAC compliance for the acquisition and development of real estate equity assets. Work with asset managers during the closing/onboarding process. Interface with all parties involved in the acquisition due diligence and closing process, including internal as well as external partners such as regional architects, JV partners, portfolio, asset & property managers, legal counsel, brokers, third party consultants and representatives of third-party investor accounts.
• Assist in presenting the transaction to investment committee.

• Experience with Copilot and Hebbia, or other AI platforms to enhance financial modeling, underwriting, data analysis, and workflow efficiency is a plus. 
• MBA, CFA or equivalent preferred.
• Southern California and Phoenix market knowledge preferred.
• Familiarity with industry data platforms such as CoStar, CBRE Econometric Advisors, and Real Capital Analytics preferred.

The expected salary range for this position is $125,000 - $140,000. This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.