Content (10)

  • 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 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.

  • Commercial Mortgage Loans - An Alternative Asset in LDI Portfolios?

    White papers

    Commercial Mortgage Loans: An Alternative Asset in LDI Portfolios?

    2020-05-28T09:35:00Z

    Most public and private defined benefit pension plan sponsors aim to design an effective liability driven investment (LDI) strategy that balances several objectives – achieving the desired funded status for the plan, managing return-seeking assets in the portfolio against relevant benchmarks, and effectively de-risking and hedging future liabilities. LDI portfolios traditionally rely on a combination of Treasury securities and long and medium duration corporate bonds as hedging instruments. 

  • PGIM Real Estate raises nearly 1 billion for Senior Housing Partners VI

    White papers

    PGIM Real Estate raises nearly $1 billion for Senior Housing Partners VI

    2020-02-20T15:10:00Z

    PGIM Real Estate has completed its capital raise for Senior Housing Partners VI (SHP VI), with a total of $996 million in commitments, primarily from institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the $1.3 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

  • Americas Trends For 2020

    White papers

    Americas Trends For 2020

    2019-12-18T11:05:00Z

    Real Estate Trends Set to Shape the Next 12 Months

  • Bridge Development Partners and PGIM Real Estate form $150 million joint venture to acquire and develop cold storage properties across the US

    Asset Manager News

    Bridge Development Partners and PGIM Real Estate form $150 million joint venture to acquire and develop cold storage properties across the US

    2019-12-11T15:16:00Z

    Bridge Development Partners LLC and PGIM Real Estate, the global real estate investment management business of Prudential Financial, Inc., have announced the launch of a $150 million national cold storage investment program, targeting $400 million in assets. This programmatic joint venture will seek value-add returns through the development of Class A cold storage facilities, as well as the acquisition and repositioning of Class A/Class B cold storage developments across the country.

  • Tribeca Investment Group, PGIM Real Estate and Meadow Partners Enter into New Ground Lease at the Textile Building in Manhattan

    Asset Manager News

    Tribeca Investment Group, PGIM Real Estate and Meadow Partners Enter into New Ground Lease at the Textile Building in Manhattan

    2019-10-23T15:32:00Z

    A newly-formed joint venture among Tribeca Investment Group and funds managed by PGIM Real Estate and Meadow Partners today announced they have entered into a new 99-year ground lease at 295 Fifth Avenue, a 17-floor, 700,000-square-foot property occupying the full block along Fifth Avenue between East 30th and East 31st streets in Midtown South. The joint venture plans to commence a nearly $300 million repositioning program that will transform the building into a Class A office tower, capitalizing on the strong demand for large floor plates in the area’s tight office market.