Content (17)

  • Global Outlook 2021 - Americas

    White papers

    Global Outlook 2021 - Americas

    2021-05-19T11:48:00Z

    As the vaccine rollout takes effect, the U.S. economy is set to benefit from several tailwinds through the second half of the year, including the prospect of a full reopening, a boost to spending from accumulated savings and further fiscal stimulus. Latin America will take longer to recover.

  • PGIM Real Estate Provides $41M Loan For Acquisition Of Three Class A Industrial Buildings

    Asset Manager News

    PGIM Real Estate Provides $41M Loan For Acquisition Of Three Class A Industrial Buildings

    2021-04-05T09:32:00Z

    On behalf of its U.S. core-plus debt fund, PGIM Real Estate has provided a $41 million loan facility to Dalfen Industrial for the acquisition of a three-building Class A industrial portfolio with properties located in the Las Vegas and Chicago metro areas. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

  • Global Data Centers - America’s Excerpt

    White papers

    Global Data Centers - America’s Excerpt

    2021-03-04T10:00:00Z

    The COVID-19 pandemic has caused the largest economic shock in generations. Significant disruption across all segments of the economy has resulted in severe recessions globally.

  • PGIM Real Estate invests in Taronga Ventures in support of global innovation strategy

    Asset Manager News

    PGIM Real Estate invests in Taronga Ventures in support of global innovation strategy

    2021-02-04T09:23:00Z

    As part of its effort to expand and strengthen its global innovation strategy through key partnerships, PGIM Real Estate has acquired a strategic equity stake in Taronga Ventures, further supported by a commitment to Taronga’s RealTech Ventures Fund. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU). 

  • Ola Hixon joins PGIM Real Estate’s U.S. value-add portfolio team

    People News

    Ola Hixon joins PGIM Real Estate’s U.S. value-add portfolio team

    2021-01-29T09:18:00Z

    Ola Hixon has joined PGIM Real Estate as an executive director and assistant portfolio manager for its U.S. value-add team. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

  • PGIM Real Estate arranges $75M in Freddie Mac loans for two apartment community acquisitions

    Asset Manager News

    PGIM Real Estate arranges $75M in Freddie Mac loans for two apartment community acquisitions

    2021-01-26T09:14:00Z

    – PGIM Real Estate has arranged a total of $75 million in Freddie Mac loans on behalf of TruAmerica Multifamily for its acquisition of two apartment communities in the U.S. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

  • PGIM Real Estate hires Stephanie Wiggins as head of production for its agency lending platform

    People News

    PGIM Real Estate hires Stephanie Wiggins as head of production for its agency lending platform

    2021-01-19T09:10:00Z

    PGIM Real Estate has hired Stephanie Wiggins as managing director and head of production for its agency lending platform, responsible for oversight of the firm’s originations for Fannie Mae, Freddie Mac, FHA, and Affordable multifamily loans. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

  • PGIM Real Estate provides $356M loan for 10-property industrial acquisition

    Asset Manager News

    PGIM Real Estate provides $356M loan for 10-property industrial acquisition

    2020-12-03T09:06:00Z

    PGIM Real Estate has provided a $356 million loan to Stockbridge Capital Group for the acquisition of a diversified 10-property industrial portfolio. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU)

  • PGIM Real Estate Provides $408M Senior Loan Facility For 11-Property Industrial Acquisition

    Asset Manager News

    PGIM Real Estate Provides $408M Senior Loan Facility For 11-Property Industrial Acquisition

    2020-11-17T15:36:00Z

    On behalf of its U.S. core plus debt strategy, PGIM Real Estate has provided a $408 million senior loan facility to an institutional real estate investor for the acquisition of 11 Class A industrial properties across California, Texas, Ohio, Florida, and New Jersey. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

  • PGIM Real Estate Acquires New Jersey Industrial Portfolio For $275M

    Asset Manager News

    PGIM Real Estate Acquires New Jersey Industrial Portfolio For $275M

    2020-10-29T15:43:00Z

    On behalf of its U.S. core real estate strategy, PGIM Real Estate has acquired a four-building 2.2-million-square-foot industrial portfolio for $275 million from Bridge Development Partners. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

  • PGIM Real Estate Acquires 30-Property US Industrial Portfolio

    Asset Manager News

    PGIM Real Estate Acquires 30-Property US Industrial Portfolio

    2020-09-23T15:46:00Z

    On behalf of its U.S. core real estate strategy, PGIM Real Estate has acquired a 30-property industrial portfolio totaling 5.4 million square feet in partnership with Perlmutter Investment Company’s IAC Properties. PGIM Real Estate acquired the portfolio valued at approximately $700 million by recapitalizing an interest in the existing joint venture structure. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

  • Americas Outlook - May 2020

    White papers

    Americas Outlook - May 2020

    2020-05-29T08:50:00Z

    The outbreak of COVID-19 has quickly translated into a severe shock for the global economy and real estate markets. Near-term indicators of performance have turned sharply downward, and the situation is fast-moving.