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A joint venture consisting of PGIM , Tribeca Investment Group and Meadow Partners has landed a $228.9 million loan to refinance a newly-renovated 19-story office tower in Manhattan’s Midtown South neighborhood. Rialto…
PGIM has hired David Blum as managing director overseeing U.S. high-yield real estate credit investments, strengthening the firm’s U.S. real estate debt platform as investor interest in higher-yielding strategies cont…
PC C P provided a $61.3 million loan to PGIM and Kennedy Wilson for the refinance of Parc Riverside East, a luxury mid-rise apartment community in the Navy Yard neighborhood of Washington, D.C. Built in 2014 and locat…
The Watermark at Oro Valley, a 101-unit assisted living community at 9005 N. Oracle Road in Oro Valley, sold for $23 million. The buyer was Steller Senior Living . The seller was PGIM Real Estate. Built in 2018, the t…
One of the biggest players in asset management has a new executive overseeing its real estate credit operations. PGIM — the $217 billion global asset management powerhouse — announced Tuesday that it has hired David B…
PGIM has had a hold on The Ponce, a two-building office complex in Coral Gables for nearly 20 years. The property recently sold for $97.8 million. Intalex Capital, Itero Investments and Greenwall Capital were the buye…
Insurance giant PGIM has sold the 717,805-square-foot Ponce office complex in Coral Gables, Fla., for $97.8 million. The buyers include Intalex , Itero , Greenwall Capital Management and the family office of the late…
WASHINGTON, D.C. — PCCP has provided a $61.3 million loan to refinance Parc Riverside East, a 287-unit luxury apartment community located in the Navy Yard neighborhood of Washington, D.C. PGIM and Kennedy Wilson were…
CAMBRIDGE, MASS. — PGIM has provided a $58.5 million loan for the refinancing ofOne Brattle Square, an office and retail building located across the Charles River from Boston in Cambridge. The six-story building, whic…
Bryan McDonnell wants you to stop thinking about Prudential Global Investment Management as a life insurance company in the financing space, please. It is, in fact, one of the largest real estate asset managers in the…