January 26, 2015 8:33 AM ET

Capital Markets

Company Overview of Prudential Real Estate Investors

Company Overview

Prudential Real Estate Investors is a real estate investment firm. It also manages mutual funds for its clients. The firm invests in the public equity, fixed income, and real estate markets across the globe. It seeks to invest in senior housing properties, for-rent, for-profit, private-pay independent living, assisted living, memory care assets, income-producing assets with minimum 50% occupancy, and some newly constructed properties. It typically invests in the United States and Canada. Prudential Real Estate Investors was founded in 1878 and is based in Parsippany, New Jersey with additional offices in North America, Asia, Europe, and South America. It operates as a subsidiary of Prudentia...

8 Campus Drive

4th Floor

Parsippany, NJ 07054

United States

Founded in 1878

Phone:

973-734-1300

Fax:

973-683-1790

Key Executives for Prudential Real Estate Investors

Chief Executive Officer
Chief Financial Officer
Managing Director
Managing Director
Managing Director of Client Relations and Institutional Marketing Group
Compensation as of Fiscal Year 2014.

Prudential Real Estate Investors Key Developments

Stiles Property Fund and Prudential Real Estate Investors Acquire Trophy Class A Office Asset on Las olas Boulevard in Downtown Fort Lauderdale

Stiles and Prudential Real Estate Investors announced the acquisition of 200 East Las Olas, a 20-story trophy Class A office tower located directly on Las Olas Boulevard in the heart of Fort Lauderdale's bustling central business district. The Property was acquired from Invesco Ltd. for $108 million, or $383 per square foot, by a joint-venture between Stiles Property Fund (SPF) and PREI. SPF is a discretionary value-added real estate fund that invests in office and retail properties throughout Florida. PREI, among the real estate investment management and advisory businesses, is a business of Prudential Financial, Inc. New River Center was marketed through commercial real estate and capital markets services firm HFF, L.P. Hermen Rodriguez, senior managing director at HFF L.P., led the sale effort along with Ike Ojala, Jorge Portela and Tracey Goo. New River Center is positioned on 1.4 acres and includes unparalleled views of the New River and downtown Fort Lauderdale. The property consists of a 12-story office tower above an eight-story parking garage with 675 spaces, as well as nearly 15,000 square feet of ground-floor retail. It is currently leased to blue chip tenants, including: Fifth Third Bank; Akamai; Yum! Brands; Brinkley Morgan; and Stearns Weaver.

Prudential Reportedly To Buy East Loop Office Building

Prudential Real Estate Investors agreed to acquire East Loop office building for more than $370 million, according to people familiar with the deal.

Prudential Real Estate Investors Presents at Texas Seniors Housing Summit, Oct-08-2014 12:00 PM

Prudential Real Estate Investors Presents at Texas Seniors Housing Summit, Oct-08-2014 12:00 PM. Venue: enaissance Dallas Hotel, Dallas, Texas, United States. Speakers: Steve Blazejewski, Principal of the Senior Housing Team.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 23, 2014
New River Center
Merger/Acquisition
December 21, 2014
15 Unit Office Building at 28 West 44th Street in Midtown Manhattan
Merger/Acquisition
December 19, 2014
Sunset Corporate Campus
 

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