Tina Laurie has been promoted to chief underwriter for PGIM Real Estate’s Federal Housing and Administration (FHA) lending business, part of the firm’s broader agency lending platform that originates FHA, Fannie Mae, Freddie Mac, and affordable loans. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
In her elevated role, Laurie will leverage her 19 years of FHA underwriting experience, including 12 years as both a deputy and co-chief underwriter. She will report to Kelly Follain, chief operating officer for the firm’s agency lending platform. Laurie joined PGIM Real Estate in 2020 as a chief underwriter for the healthcare sector, and previously served as a deputy chief underwriter for Berkadia and co-chief underwriter for Barings Multifamily Capital and Housing & Healthcare Finance.
“Tina’s promotion to chief underwriter for our FHA business is a testament to PGIM Real Estate’s focus on facilitating growth opportunities within our organization and retaining top industry talent in order to foster and expand our relationships with clients and the agencies,” said Mike McRoberts, PGIM Real Estate’s head of agency lending and chairman of the agency platform. “Tina’s skillset and depth of experience will be critical in guiding our FHA underwriting team through what continues to be a pivotal growth period for the business.”
Concurrently, PGIM Real Estate executive director Dawn Robertson has become a deputy chief underwriter for the FHA team. Robertson reports to Laurie in her new role and focuses on the FHA affordable multifamily sector.
PGIM Real Estate is one of the leading originators of FHA multifamily, healthcare and hospital loans, with extensive loan originations, underwriting and closing capabilities. The firm is the exclusive servicer of all FHA loans it originates. PGIM Real Estate’s agency lending platform recorded a record $9.6 billion in multifamily production volume in 2020 across 468 loans for both conventional and affordable properties.