PGIM
Prudential Capital Group appoints Debra Hemsey to Prudential Capital Energy Partners
Prudential Capital Group has appointed Debra Hemsey as managing director of Prudential Capital Energy Partners (PCEP), the middle-market energy mezzanine fund business sponsored by Prudential Capital Group. The appointment comes on the heels of the recently announced closing of Prudential Capital Energy Partners I, L.P., a $343 million energy mezzanine fund. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM Real Estate Finance provides $18.1 billion in financing in 2018
PGIM Real Estate Finance originated a record $18.1 billion in financing in 2018 led by record production in multifamily and core-plus lending.
Prudential Capital Group provides $12.53 billion in private debt to middle-market companies in 2018
CHICAGO, January 23, 2019 - Prudential Capital Group provided $12.53 billion of senior debt and junior capital to over 200 middle-market companies and projects globally in 2018. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM Real Estate Finance provides $29.3 million Freddie Mac forward commitment to NRP Group for San Antonio apartment development
NEW YORK, Dec. 18, 2018 – PGIM Real Estate Finance has secured a $29.3 million unfunded forward commitment from Freddie Mac for NRP Group’s Lake Vue at Red Berry Estates workforce housing development in San Antonio, Texas.
PGIM Real Estate Finance opens Cleveland office, hires originations team
CHICAGO, Dec. 14, 2018 – PGIM Real Estate Finance has hired a new originations team led by Bruce Gerhart and David Strachan for its new Cleveland office, cementing its presence throughout the Midwest region.
Brooklyn affordable housing property receives $102 million loan from PGIM Real Estate Finance
NEW YORK, Dec. 12, 2018 – PGIM Real Estate Finance has provided a $102 million Freddie Mac acquisition loan to Jonathan Rose Companies for Shore Hill Housing, an affordable and elderly housing property in the Bay Ridge neighborhood of Brooklyn.
PGIM Real Estate hires Thomas Kallenbrunnen as senior portfolio manager for European core strategy
LONDON, Dec. 6, 2018 – Thomas Kallenbrunnen has joined PGIM Real Estate as a managing director and senior portfolio manager for its European core diversified real estate strategy.
Pricoa Capital Group provides Yorkshire Water with £100 million private placement financing
LONDON, December 05, 2018 - Pricoa Capital Group has provided £100 million in private placement financing to Yorkshire Water, provider of essential water and wastewater services to residents and businesses in the Yorkshire and Humber region. Pricoa Capital Group is the private capital arm of PGIM, the US$1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
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.
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.