John Jacobs
Managing Director, Finance
Managing Director
PGIM Real Estate
(Prudential Financial, Prudential Insurance Company of America, Prudential Real Estate Investors)
2100 Ross Ave #2500 Dallas, TX 75201
4350 Fairfax Dr #700 Arlington, VA 22203
PGIM Real Estate NYC portfolio
$1.1 billion -condo 83%, office 8%, elevator 5%; Manhattan 94%, Bronx 5%*
219th largest portfolio by dollar value
1,479,332 sqft – condo 67%, elevator 16%, office 15%; Manhattan 83%, Bronx 16%
337th largest by SF
5 properties – Manhattan 83%, Bronx 16%
1826th largest
127 residential units – Bronx 100%
1545th largest by residential units
Person Activity past 24 months:
Lender signatory: 2 for $95.2 million
Top Ten Associated Companies:
Carlyle Group (1), Bridge Industrial (1)
Top Ten Associated People:
Wonjoong Kim (1), Sean Zasche (1)
Recent activity as signatory:
• Bridge Industrial borrowed $44.2 million from Pgim Real Estate for 58-40 55 Drive on December 06, 2024.
• Carlyle Group borrowed $51 million from PGIM Real Estate for 74-16 Grand Avenue on November 22, 2024.
Latest Stories:
• Bridge Industrial pays $57M to Turnbridge Equities for industrial in Maspeth (December 22, 2023)
• Storage Deluxe pays $15.2M for industrial in Washington Heights (June 25, 2021)
• Turnbridge Equities paid $40M to Greiner-Maltz Management (July 27, 2019)
• Turnbridge Equities obtained financing of $24M from Aresif Lender (July 27, 2019)
• $16,500,000 SALE of 70,000 square feet in Queens (July 24, 2019)