February 12, 2018

PGIM Real Estate Finance provides nearly $15 billion in financing in 2017

NEWARK, N.J., Feb. 12, 2018 – PGIM Real Estate Finance originated $14.8 billion in financing in 2017 led by production in multifamily and industrial lending. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

February 09, 2018

PGIM Real Estate sells Rock Square in Guangzhou, China

HONG KONG, Feb. 9, 2018 – PGIM Real Estate has sold Rock Square, a shopping mall in Guangzhou, China, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

January 25, 2018

PGIM Real Estate Hires Lisa Davis to lead impact initiatives; new program taps cross-enterprise expertise

NEW YORK, Jan. 25, 2018 – Lisa Davis has joined PGIM Real Estate as an executive director and portfolio manager to lead its impact-oriented real estate investment initiatives focused on affordable housing and transformative developments in the United States.

January 24, 2018

Prudential Total Return Bond Fund portfolio managers named Morningstar Fixed-Income Fund Manager of the Year

NEWARK, N.J.--()--PGIM Investments is proud to announce that the PGIM Fixed Income portfolio managers of the Prudential Total Return Bond Fund (PDBZX) have been named Morningstar’s 2017 Fixed-Income Fund Manager of the Year. PGIM Investments is the global retail manufacturer and distributor of PGIM, Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU) – a top 10 asset manager globally.1

January 24, 2018

PGIM Real Estate Finance adds Robert Younkin, Garrett Meyers to multifamily originations team

LOS ANGELES, Jan. 23, 2018 – PGIM Real Estate Finance has expanded its multifamily originations team with the additions of Robert Younkin and Garrett Meyers to its Western U.S. team. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

January 10, 2018

PGIM Real Estate Sells Waterfront Place in Shanghai

SHANGHAI, Jan. 10, 2018 – PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, China, on behalf of Asia Property Fund (ASPF) III. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

January 09, 2018

Prudential Short Duration High Yield Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended November 30, 2017

Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD) (the "Fund"), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended November 30, 2017.

 

January 04, 2018

PGIM Real Estate announces leadership appointments

NEW YORK, Jan. 4, 2018 – Following the planned retirement of Kevin R. Smith, PGIM Real Estate has announced key Americas leadership roles for Cathy Marcus and Alfonso Munk effective January 1. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

November 08, 2017

PGIM Real Estate acquires mixed-use lifestyle center LaCenterra at Cinco Ranch in Houston suburb

PGIM Real Estate has acquired LaCenterra at Cinco Ranch, a 412,900-square-foot outdoor mixed-use retail lifestyle center in Katy, Texas, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

October 09, 2017

QMA extends global platform; names Adam Broder to lead client, business development

NEWARK, N.J., Oct. 9, 2017 - Adam Broder will join QMA as head of Global Distribution, a new role that combines oversight of all client-facing activity for the first time. In this capacity, he will lead a team to extend new global capabilities in client and business development.