pgim real estate

IllinoisCRE

PGIM Real Estate appoints first chief diversity, equity and inclusion officer

PGIM Real Estate has appointed Christy Lockridge as the business’s first chief diversity, equity and inclusion officer, based in Chicago. PGIM Real Estate is the $209.3 billion real estate…

IllinoisTennesseeTexasFinance

PGIM Real Estate provides $250 million in financing for five-state, five-property logistics portfolio

PGIM Real Estate has provided $250 million in fixed-rate debt to GLP Capital Partners LP for the financing of a five-state, five-property core logistics portfolio…

IllinoisFinanceMultifamily

CEDARst Companies refinances $81.7M multifamily deal

CEDARst Companies has refinanced the Draper, located at 5050 N. Broadway Avenue, with an $81,720,000 Fannie Mae loan, arranged by PGIM Real Estate. The Chicago-based…

TexasIndustrial

PGIM acquires portfolio from Crow Holdings in one of the largest industrial deals since the onset of COVID-19

Funds managed by Crow Holdings Capital, the real estate investment management arm of Crow Holdings, sold an eight-property industrial portfolio comprised of 15 buildings and…

IllinoisIndustrial

Bridge Development Partners, PGIM Real Estate ink lease with Imperfect Foods for 45K-SF cold storage expansion

Bridge Development Partners and PGIM Real Estate announced that Imperfect Foods signed a long-term lease to expand their operations at Bridge Point Northlake by 45,000…

Coming in from the cold: Expect more spec development in the freezer/cooler market

The pandemic has produced two forces pressing on the demand for cold storage real estate. On the positive side, most experts believe that food and…

Industrial Insider: The cold supply chain

Industrial real estate professionals are experiencing increased growth and global demand for fresh fruits, vegetables, meats, seafood and dairy, as well as pharmaceutical and chemical…

Bridge, PGIM form $150M JV to acquire and develop cold storage properties across the U.S.

Bridge Development Partners and PGIM Real Estate, the global real estate investment management business of Prudential Financial, Inc., have launched a $150 million national cold…

PGIM provides $15 million of loans for Kentucky seniors facilities

PGIM Real Estate Finance recently provided a combined $15.3 million for two Morning Pointe senior communities in Kentucky.

Chicago Real Estate Council’s capital markets outlook

The Chicago Real Estate Council brought together a prestigious group of lenders to discuss the state of the commercial mortgage lending market, 2018 production forecasts…