Media Contact:

PGIM Real Estate
Brendan Duffy / 973-802-5711 / brendan.duffy@prudential.com

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 05, 2018

PGIM experts: Corporate spending will determine tax reform’s effect

The success of the most far-reaching U.S. tax overhaul in decades will depend on whether American companies invest their tax windfall on expanding hiring and production capacity or save it for dividends and share buybacks that, while they increase shareholder value, do little for economic growth, according to three PGIM thought leaders.

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).

December 06, 2017

PGIM Real Estate acquires Tower at One Greenway apartment community in Boston

BOSTON, Dec. 6, 2017PGIM Real Estate has acquired the Tower at One Greenway, a 21-story Class A apartment community in Downtown Boston, 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).

December 05, 2017

PGIM Real Estate Finance provides $48.1 million HUD loan for Vistas at Jackson Creek in Colorado

MONUMENT, COLO., Dec. 5, 2017 – PGIM Real Estate Finance has provided a $48.1 million acquisition loan for Vistas at Jackson Creek in Monument, Colorado. 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).

November 30, 2017

PGIM Real Estate and Hanover Company acquire Houston apartment community

HOUSTON, Nov. 30, 2017PGIM Real Estate and Hanover Company, a Houston-based private real estate firm specializing in high-quality multifamily residential properties, have formed a joint venture to acquire a Class A apartment community in Houston. The property, previously known as Mosaic at Hermann Park, has been rebranded as Hanover Hermann Park. PGIM Real Estate, acting on behalf of institutional investors, 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 03, 2017
Wall Street Journal

PGIM’s Real Estate expert weighs in on the increased demand for EM real estate

Increasingly investors are showing more interest in commercial real estate in Asia, South America, and other emerging markets. According to a recent Wall Street Journal (WSJ), retail is an attractive property type in EMs now that growth rates are increasing and structural reforms are underway.

August 01, 2017

PGIM Real Estate acquires The Quaye at Palm Beach Gardens

PALM BEACH GARDENS, Fla., Aug. 1, 2017PGIM Real Estate has acquired The Quaye at Palm Beach Gardens, a 340-unit, Class A apartment community in Palm Beach Gardens, Florida, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

July 26, 2017

PGIM Real estate acquires Midtown Atlanta office tower

ATLANTA, July 26, 2017PGIM Real Estate has acquired Regions Plaza, a 23-story, Class A office tower in Atlanta, Georgia, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU)