U.S. Real Estate Impact Investing
Impact investing is a distinct strategy with a dual mandate to generate measurable positive social change and market-rate financial returns.
Impact Investing
Where positive social and environmental impact enhance investment performance
Our Fund
We launched one of the first institutionally managed, woman-led private equity real estate funds built on an impact investment thesis that market-rate financial returns can be enhanced by creating healthy, safe and affordable communities for people with moderate and low incomes.
Our impact fund, PGIM Real Estate U.S. Impact Value Partners, leverages PGIM Real Estate's track record in transformative development and affordable housing, as well as the expertise of our parent company, which has invested more than $5.2 billion in impact-oriented assets since its founding more than 40 years ago.
Investment Approach
Strategy – Investing at the nexus of impact and performance
Sectors – Multifamily and affordable housing and transformative development
Target Markets – Major U.S. markets with anticipated population and economic growth, as well as opportunities to positively impact people and communities with low and moderate incomes.
Impact Credentials*
- 16,800Affordable Housing Units Developed or Preserved Since 2010
- $5B+Invested in Impact-Oriented Real Estate Since 2010
- A+Strategy & Governance - Principles for Responsible Investment
Making a Positive Impact
Prudential and PGIM Real Estate were recognized in Fortune’s 2019 Change the World ranking for the companies' cross-enterprise work in real estate impact investing.
Ranking #30 globally, this recognition underscores our combined experience in investing in affordable housing and transformative developments.
Insights & News
Investing for Impact: Affordable Housing Podcast
PGIM Real Estate’s Lisa Davis and Raimondo Amabile discuss the opportunities in U.S. and European affordable housing.
PGIM Real Estate Secures First Investment in Transformative Mixed-Use Project in Washington, D.C.
A PGIM Real Estate joint venture will build The Vale, a 301-unit apartment building with 18,300 square feet of retail.
A Pioneer in Impact
Our parent company, Prudential Financial, Inc., (PFI), manages one of the largest impact portfolios globally – and has invested more than $2.5B across asset classes since 1976.
*The referenced impact credentials represent the broader PGIM Real Estate business and are not attributed solely to PGIM Real Estate Impact Value Partners.