LIVING SECTOR CAPABILITIES​

For over five decades, PGIM has deepened its real estate expertise across the Living sector, which we view as one of the most compelling investment opportunities for investors today.​

50+

Years investing in Multifamly​

$52B

AUM info info_outline keyboard_control_key arrow_drop_up

60%

Global acquisitions and lending activity in 2025

A Global Leader Investing In Living ​

Around the world’s major cities, strains in housing continue to be a major theme. High mortgage rates and worsening affordability are limiting home ownership, while urbanization and migration are increasing demand. At the same time, planning restrictions and high construction costs are slowing new supply. The result is growing shortages with many cities lacking modern, fit-for-purpose housing.​

 

Real estate investors have a role to play. Today’s living markets represent a compelling opportunity, anchored in needs-based demand that provides cash flow predictability and a relatively low risk profile.

format_quote

Real estate can help stablilize portfolios and generate resilient income during periods of market volatility.

Raimondo Amabile

Co-Head & Global Chief Investment Officer

Real Estate

Property Types

Global Expertise in the Living Sector

Multifamily

Purpose-built residential properties with five or more dwelling units, designed for long-term rental housing 

Seniors' Housing

A range of residential communities tailored to older adults, offering a varying level of care, assistance and amenities

Student Housing

Residential properties designed specifically for college or university students, often located near campus 

Impact/Affordable

Residential properties offering income-restricted or subsidized rental housing aimed at low-and moderate-income households

Manufactured

Communities composed of factory-built homes

Single Family Rental

Individual detached or attached single-family homes rented out to tenants​

Global Living By Property Type

Percentage of units / properties financed

Global Living By Property Type

Percentage of units / properties financed

As of March 31, 2026.


format_quote

Housing affordability and supply issues are not just related to typical housing for a family – it really spans the generations.

Cathy Marcus

Co-Head & Global Chief Investment Officer

Real Estate

<p>Housing affordability and supply issues are not just related to typical housing for a family – it really spans the generations.</p>

Investment Spotlight: Living Sector

Our sustained conviction in this sector is shaped by disciplined underwriting, selectivity, and flexibility to deliver value and execute in today’s market.

EXPLORE OUR INVESTMENT CAPABILITIES

Access our range of global real estate and agriculture investment solutions, designed to meet the unique needs of investors.