December 04, 2018

PGIM Real Estate agrees to purchase office in Clichy

PARIS, Dec. 4, 2018 – PGIM Real Estate signed a forward purchase agreement for the development of SWELL, two office buildings in Bac d’Asnières, Clichy. The transaction was executed off-market on behalf of investors of a discretionary pan-European value-add fund.

November 30, 2018

PGIM Real Estate Finance provides $78 million refinancing loan for Alexandria apartment community

ALEXANDRIA, Va., Nov. 29, 2018 PGIM Real Estate Finance has provided a $78 million FHA refinancing loan to Bonaventure Realty Group for The Encore Apartments, an apartment community in Alexandria, Virginia.

November 27, 2018

Diverse experiences help Prudential's board shape the present and future

Growing up in the segregated South, Gilbert Casellas learned early what it means to feel excluded. He attended a segregated school in the mostly Latino community of Ybor City in Tampa, Florida, and couldn’t use water fountains or go to movie theaters designated whites-only.

November 27, 2018

Carroll Organization and PGIM Real Estate acquire three Southeast multifamily portfolios valued at nearly $600 million

ATLANTA, November 27, 2018 - Carroll Organization and PGIM Real Estate have continued to advance their multifamily joint venture partnership with three portfolio acquisitions in Raleigh-Durham, Ponte Vedra Beach and Charleston, totaling nearly $600 million.

November 20, 2018

Brad Hearn named president of Prudential Advisors

NEWARK, N.J., November 20, 2018 - Brad Hearn has been named president of Prudential Advisors, where he will lead Prudential Financial, Inc.’s (NYSE: PRU) national sales organization of more than 3,000 financial professionals, advisors and fee-based financial planners who offer clients a broad range of financial solutions.

November 15, 2018

Prudential provides aid to Californians impacted by wildfires

In response to the ongoing wildfires throughout California that have devasted communities and displaced thousands, Prudential is committing $100,000 to the California Community Foundation and has launched an employee matching gifts campaign of up to $25,000 to California Fire Foundation.

November 13, 2018

QMA adds Wadhwani Asset Management as part of QMA’s global expansion strategy

NEWARK, N.J., November 13, 2018 - QMA, the quantitative equity and global multi-asset solutions manager of PGIM, announced today PGIM’s acquisition of Wadhwani Asset Management (WAM), a London-based quantitative macro-focused investment management firm. Upon closing, WAM will become part of the QMA business.

November 12, 2018

Prudential Financial Declares Quarterly Dividend on Common Stock

NEWARK, N.J., November 12, 2018 - Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.90 per share of Common Stock, payable on December 13, 2018, to shareholders of record at the close of business on November 26, 2018.

November 12, 2018

PGIM Real Estate acquires grade-A logistics platform in Salon-de-Provence

PARIS, 12 Nov. 2018 PGIM Real Estate has acquired a 100,000-square-meter grade-A logistics platform located in Salon-de-Provence, 60 kilometers north of Marseille, on behalf of an institutional investor.

November 08, 2018

An El Paso military family uproots their lives—but not careers—in move to Alaska

They call Alaska “The Last Frontier” for good reason. For most Americans, the 49th state evokes a frigid wilderness capped with electric-blue glaciers and frozen tundra, with spruce forests overrun by grizzly bears and crystal-clear rivers swimming with salmon. For the Braccos, a military family that was relocated from El Paso, Texas, to Fairbanks a year ago, it’s the polar opposite of everything they’ve ever known.