PGIM Real Estate acquires six-story industrial building in Singapore for US$55 million
Luxasia Building is one of Singapore’s prime industrial assets, with a location that has made it ideal for consumer product and lifestyle-oriented tenants.
NEW YORK, April 12, 2019 – PGIM Real Estate Finance is growing its Northeast originations team with the addition of Brett Ulrich earlier this month. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM Inc., the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
Ulrich joins as a principal in the New York office, reporting to managing director Melissa Farrell. He will be a nationwide loan officer with a focus on the New England and New York markets, originating commercial mortgages for all of PGIM Real Estate Finance’s capital sources.
Ulrich joins PGIM Real Estate Finance from MetLife Investment Management, where he was responsible for overseeing the origination, underwriting and closing of more than $2.0 billion in first mortgages for their Washington, DC regional office. While at MetLife, Ulrich also managed the real estate capital markets group and closed over $6 billion in warehouse revolving lines of credit, subscription lines, secured credit facilities and loan-on-loan financing. Previously, Ulrich worked at PricewaterhouseCoopers in their Assurance and Business Advisor Servicers group, covering various financial service clients.
Ulrich graduated from Binghamton University with a Bachelor of Science in Accounting, and received a Master in Business Administration from the University of Maryland, College Park. He holds a Certificate in Public Accounting and is a Chartered Realty Investor associate holder.