PGIM Real Estate

Sharing this recent closing from Jack Goldenberg and me: We were able to refinance this existing Freddie Mac variable rate loan as it was beginning to amortize, providing the borrower with a fresh, Freddie Mac five-year fixed rate loan, with three years of interest-only, at a rate over 100bps inside the existing loan while waiving the existing 1% prepayment penalty. This yielded cash-out proceeds while maintaining debt-service payments in-line with the existing loan. Thank you to Freddie Mac Multifamily and the PGIM underwriting team for a smooth transaction. To learn more about our financing capabilities, please visit: https://lnkd.in/ebiGkDcM

The U.S. Department of Housing and Urban Development (HUD) recently published updates to their Environmental Requirements for the Multifamily Accelerated Processing Guide effective immediately. Find the notice here: https://lnkd.in/eZ6GFgcf The update to their Environmental Requirements comes on the heels of HUD’s historic MIP reduction to 25 bps and marks another significant step in HUD’s efforts to reduce costs, simplify regulatory requirements, and streamline the multifamily programs. For guidance on navigating these changes, please contact myself or our PGIM team. https://lnkd.in/efHSrnW8

The U.S. Department of Housing and Urban Development (HUD) recently published updates to their Environmental Requirements for the Multifamily Accelerated Processing Guide effective immediately. Find the notice here: https://lnkd.in/eAU2a2rd The update to their Environmental Requirements comes on the heels of HUD’s historic MIP reduction to 25 bps and marks another significant step in HUD’s efforts to reduce costs, simplify regulatory requirements, and streamline the multifamily programs. For guidance on navigating these changes, please contact myself or our PGIM team. https://lnkd.in/e7TenNBZ

Biodiversity underpins essential ecosystem services — pollination, water purification, and climate regulation. But this natural foundation is eroding, with potentially profound consequences for local and global economies. In our short video, we share a clear, practical way forward — because while frameworks are emerging, many organisations still struggle with the topic’s complexity and the cost of action: • Idiosyncratic risk (financial materiality): protect assets where biodiversity threatens operations, supply chains, or valuation • Systemic risk (impact focus): address underlying drivers of biodiversity loss — including pollution, land-use change, and overexploitation of natural resources Explore the full paper: https://lnkd.in/eKTVQN2B

https://lnkd.in/enCud8qn

I am honored to be recognized on Commercial Observer ’s 50 Most Influential Players in Commercial Real Estate Finance list for the fourth consecutive year. I share this recognition with my PGIM team, whose expertise and strategic vision help navigate shifting market cycles. Together, we are committed to delivering thoughtful, flexible capital solutions for our borrowers. https://lnkd.in/ezTa7iUY *This ranking was issued by Commercial Observer as part of its Power Finance 2026 list, based on information submitted by participants, including biographies, DEI data, deal highlights, and production data from 1/1/25–12/31/25. The recognition was determined through editorial review, was not based on investment performance, and involved no compensation.

I’m looking for an experienced Flutter developer with hands on experience. Preferably an individual (not an agency) who is comfortable working in the US time zone and can also handle client calls when needed. If you’re interested. feel free to DM me. #Flutter #Hiring #Developer #RemoteWork #ClientCommunication

I’m proud to be included on Commercial Observer ’s Power Finance list alongside industry thought leaders and to share this recognition with my colleagues across PGIM . Together, we leverage the breadth of our financing platform to address a wide range of borrower priorities and evolving needs. https://lnkd.in/gDRBcXVg *This ranking was issued by Commercial Observer as part of its Power Finance 2026 list, based on information submitted by participants, including biographies, DEI data, deal highlights, and production data from 1/1/25–12/31/25. The recognition was determined through editorial review, was not based on investment performance, and involved no compensation.

Complex executions require thoughtful solutions. Excited to announce PGIM ’s closing on a $76,277,000 fixed‑rate refinance for a 431‑unit multifamily community in Houston, TX. Originally financed with Freddie Mac floating‑rate debt through PGIM, we remained closely engaged with the client over the years and worked together on refinance solutions as market conditions evolved. By pairing preferred equity with a Freddie Mac fixed‑rate execution, the client was able to lock in long‑term certainty through a thoughtful, capital‑efficient structure—a strong example of how staying engaged and creative can lead to the right outcome. This transaction highlights our ability to navigate complexity and tailor capital solutions that align with our clients’ objectives. Many thanks to the PGIM and Freddie Mac teams for their partnership and collaboration. Congratulations to our client on another successful closing. Thomas Pollock Trevor Arnholt, CFA Matt Allman Morgan O'Neil Josie Moran Ella Dietz Jack J. Jonathan Ohmart Evan Nalibotsky Louis Colaiacovo Kayla Johnson Elaine C. Marshall Tucker Kathleen Brogan Learn more about our financing solutions: https://lnkd.in/eXspVEMT