PGIM
PGIM Fixed Income names Daleep Singh, former deputy national security advisor, as chief global economist
Singh joins PGIM Fixed Income from the White House where he was U.S. deputy national security advisor for international economics and deputy director of the National Economic Council.
PGIM calls cryptocurrency ‘portfolio kryptonite’ but sees opportunities in broader ecosystem
The latest crypto collapse highlights just one of the many reasons why cryptocurrency is a poor choice for long-term investors, according to PGIM, the $1.4 trillion global investment management business of Prudential.
PGIM continues commitment to ESG with newly created global head of ESG role
PGIM has appointed Eugenia Unanyants-Jackson to the newly created role of global head of ESG, responsible for shaping ESG strategy and approach across the firm.
Disruption in service sector favors leaders in health, finance and logistics, PGIM reports
The latest technological breakthroughs in the services sector will not bury all of today’s market leaders — they will lift some of these companies to greater heights, according to new research from PGIM.
In climate change fight, investors beat risks with active role, PGIM study finds
New research by PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc., finds that while most investors recognize climate change as a major risk, too few see the opportunities ahead that will help pave our way to a greener economy.
PGIM Real Estate arranges $482M Fannie Mae credit facility for six West Coast multifamily assets
PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West Coast.
PGIM Real Estate acquires 15-building US industrial portfolio for $425 million
On behalf of its U.S. core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio located across eight properties in Atlanta, Dallas, Denver, Fort Worth, and Phoenix, for a total value of $425 million.
PGIM Real Estate arranges $100M refinancing for 52 Broadway in Manhattan’s Financial District
PGIM Real Estate has arranged $100 million 15-year refinancing for 52 Broadway, a 19-story 426,000-square-foot office tower located in Manhattan’s Financial District.
PGIM Real Estate arranges $66M acquisition financing for Inland Empire industrial asset
RIVERSIDE, Calif., May 14, 2020 – PGIM Real Estate has arranged $66 million in acquisition financing for 6275 Lance Drive, a 1-million-square-foot industrial facility located in Riverside, California, within the Inland Empire submarket. The fixed-rate loan was arranged on behalf of the borrower, for which TA Realty provides investment advisory services, and has an eight-year term. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM Real Estate hires Sara Shank as global head of innovation
PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office.