January 17, 2019

PGIM Real Estate’s global real estate trends for 2019

In its Trends for 2019 outlook, PGIM Real Estate’s investment research team says that despite concerns about elevated real estate pricing, a perceived lack of available stock, heightened political uncertainty and a shifting policy environment, there is still plenty of capital targeting real estate.

January 14, 2019

PGIM Fixed Income’s first quarter market outlook: ‘More of less; Embracing the lukewarm’

PGIM Fixed Income’s first quarter 2019 outlook follows a period of heightened market volatility and notable developments in politics, monetary policy and economics. Yet, as several of PGIM’s portfolio managers note, amid stable, more moderate global growth, recent volatility may have opened a window of near-term opportunities.

January 08, 2019

Broadway’s "Hamilton" offers lessons on today’s markets

QMA uses “Hamilton” tickets to tease apart exactly what is—and is not—a crowded trade, and why it matters for investors hoping to insulate portfolios from disruptions that could come in the months and years ahead.

December 19, 2018

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.

December 14, 2018

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.

December 12, 2018

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.

December 06, 2018

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.

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

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.