Los Angeles, United States
Marcia Diaz is a managing director at PGIM Real Estate and the head of U.S. Core Debt. Based in Los Angeles, Marcia is responsible for overseeing the portfolio management of PGIM Real Estate’s U.S. core debt strategies on behalf of institutional investors. She is also a member of the Global Management Council and serves as the senior sponsor for PGIM Real Estate’s diversity, equity and inclusion program.
Previously, Marcia was head of U.S. Debt Originations where for 12 years she oversaw the origination platform of commercial mortgage loans across all major capital sources and property types throughout the United States.
Marcia is a highly accomplished and recognized senior executive with over 30 years of consistent success in commercial real estate financial services. Marcia has been recognized in multiple industry publications, including Commercial Observer’s annual Most Important Figures of Commercial Real Estate Finance every year since 2017.
Most recently, Marcia has overseen the expansion of the company’s U.S. core plus financing capabilities, which has led to over $2 billion in transactions since 2018 and robust demand from the market calling for more.
Since joining the company in 1990, Marcia has served in various roles. Her experience includes working with Prudential Securities from 1997 to 2001, where she served as vice president in the Real Estate Investment Banking group, and participated in merger and acquisition assignments, private placements of debt and equity and public equity issuances. She was also an asset manager with Prudential Realty Group from 1995 to 1997, where she managed a 7 million square foot mixed-use urban commercial real estate portfolio and implemented strategies for identified assets. Earlier, Marcia worked with the company's Mortgage Asset Management Group, where she structured and negotiated problem loan workouts, bankruptcy strategy and foreclosures.
Marcia received a bachelor’s degree from Stanford University, and a master of business administration from the Haas School of Business, University of California, Berkeley.