John Jacobs
Managing Director, Finance
PGIM Real Estate
(Prudential Financial, PGIM, Prudential Insurance Company of America, Prudential Real Estate Investors)
PGIM Real Estate NYC portfolio
$468.3 million* – condo 56%, office 40%; Manhattan 100%, Bronx 0%
363th largest portfolio by dollar value
682,473 sqft – office 69%, condo 30%;
479th largest by SF
3 properties – Manhattan 100%, Bronx 0%
2205th largest
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 58-95 Maurice Avenue, Maspeth, Queens on December 11, 2024.
• Carlyle Group borrowed $51 million from PGIM Real Estate for 74-16 Grand Avenue and 302 Dyckman Street, Maspeth, Queens on November 29, 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)