PERE Credit Profile
As traditional lenders scale back, PGIM Real Estate’s team explains how it is looking to increase its market share.
Tailored solutions built on deep lending expertise and a legacy of affordable financing leadership
With over 20 years of lending experience working with Fannie Mae, Freddie Mac and the Federal Housing Administration, we are committed to leveraging our deep multifamily, affordable housing and healthcare expertise to maintain a leadership position and advance the future of our communities.
We work with our clients to craft the appropriate financing solution for their diverse needs. We are well-versed in structuring loans around various affordable programs including LIHTC, Section 8, as well as other local and state-wide regulatory agreements. PGIM Real Estate can and has executed affordable loans in all 50 states, plus D.C. and Puerto Rico.
As traditional lenders scale back, PGIM Real Estate’s team explains how it is looking to increase its market share.
FHFA set loan purchase caps at $70 million for each enterprise
PGIM Real Estate provided the FHA 223(f) loan on behalf of Lincoln Avenue Capital
Stephanie Wiggins and five other industry leaders share their outlook and priorities for 2023 with Affordable Housing Finance.
Head of Agency Lending
Read bio
Chief Operating Officer, Agency Lending
Read bio
Head of Agency and FHA Production
Read bio
Head of FHA Underwriting, Agency Lending
Read bio
Vice President, Agency Lending
Read bio
Executive Director, Affordable Underwriting
Read bio
Executive Director, Agency Financing
Read bio
Executive Director, Agency Financing
Read bio
Executive Director, Agency Financing
Read bio
Executive Director, Agency Financing
Read bio
Executive Director, Agency Financing
Read bio
Executive Director, Agency Financing
Read bio
Executive Director, Agency Financing
Read bio
Executive Director, Agency Financing
Read bio
Loan Officer, Agency Financing
Read bio
Loan Officer, Agency Financing
Read bio
Loan Officer, Agency Financing
Read bio
Loan Officer, Agency Financing
Read bio
The representative transactions and images shown are for illustrative purposes only.
* PGIM Real Estate is the tenth largest Affordable multifamily real estate lender (out of 129 firms surveyed) in terms of production based on the 2023 Mortgage Bankers Association Annual U.S. Origination Rankings published in 3/24. This ranking represents originations production volume from 1/1/23 - 12/31/23. Participation in the ranking is voluntary and no compensation is required to participate in the ranking.
1As of December 31, 2023. Includes all affordable lending since 2001, and mission-driven lending since 2020.
The brand “PGIM Real Estate” encompasses both (1) a fund advisory business headquartered in Newark, New Jersey, which operates as a business unit of PGIM Inc., an SEC-registered investment adviser organized as a New Jersey corporation (“PGIM”), under the name “PGIM Real Estate”, and (2) a commercial real estate debt origination and advisory platform which operates through a separate, affiliated legal entity known as PGIM Real Estate Finance, LLC (“PGIM REF”), a Delaware limited liability company. Several officers of PGIM REF are also associated with PGIM Inc., and, from time-to-time, may provide services to PGIM Real Estate in their capacities as officers of PGIM that are separate and distinct from the services they provide as officers of PGIM REF.