PGIM Real Estate offers a comprehensive range of non-recourse, core plus commercial real estate loans for transitional, value-add, and stabilized properties across all sectors and in both primary and secondary markets.
Senior debt from $30 to $400 million
3-7 years inclusive of extension options
Up to 80% loan as stabilized
Non-recourse, except for standard carve-outs
Flexible with minimum interest
Future funding, release flexibility, interest reserve and earnout funding
Fees for origination, exit and extensions may be applicable