Joni Brown-Haas

PGIM Real Estate

(Prudential Financial, PGIM, Prudential Insurance Company of America, Prudential Real Estate Investors)

Lender

LinkedIn

PGIM Real Estate portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$284.4 million – office 66%, condo 32%; Manhattan 100%, Bronx 0%

208th largest portfolio by dollar value

682,473 sqft – office 69%, condo 30%;

464th largest by SF

4 properties – Manhattan 100%, Bronx 0%

153th largest

Notes

PGIM is the principal asset management business of Prudential Financial, Inc

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 1 for $16 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Neil Simon (1), Rudin Management (1)

Top Ten Associated People:

Neil Simon (1), William C. Rudin (1)

Recent activity as signatory:

Canvas Property Group borrowed $63 million from Tokyu Land Corporation for 220 East 22nd Street and 210 East 22nd Street, Gramercy, Manhattan on October 21, 2024.

J.P. Morgan Asset Management borrowed $165 million from Northwestern Mutual Life Insurance for 776 Avenue Of The Amer, NoMad, Manhattan on June 14, 2024.

Javeri Capital borrowed $20 million from Bank of Montreal for 91 Crosby Street, SoHo, Manhattan on January 12, 2024.

Neil Simon borrowed $16 million from Prudential Financial for 74-04 Grand Avenue, Maspeth, Queens on April 06, 2023.

• 860 United Nations Plaza cooperative borrowed $13 million from TD Bank for 860 United Nations Plaza, Turtle Bay, Manhattan on September 16, 2022.

Rudin Management borrowed $30 million from State Farm Mutual Automobile Insurance Company for 254 E. 68th Street, Lenox Hill, Manhattan on August 05, 2022.

Rudin Management borrowed $40 million from State Farm Mutual Automobile Insurance Company for 241 Central Park West, Upper West Side, Manhattan on August 03, 2022.

Rudin Management borrowed $395 million from JPMorgan Chase for 3 Times Square, Times Square, Manhattan on June 28, 2022.

• The Sovereign cooperative borrowed $48 million from Apple Bank for Savings for 425 East 58th Street and 408 East 59th Street, Sutton Place, Manhattan on April 14, 2022.

James Glickson borrowed $19 million from Principal Life Insurance Company for 1634 1st Avenue, Yorkville, Manhattan on April 11, 2022.

Latest Stories:

• Canvas pays $104.5M to PGIM for two rentals with 210 units in Gramercy October 22, 2024

• Bushburg files plans for 500-unit FiDi conversion at former Rudin office tower October 14, 2024

• Bushberg pays $160M for 80 Pine, borrows $134M September 18, 2024

• J.P. Morgan signs $165M refi with Northwestern for 387-unit rental in NoMad June 17, 2024

• Javeri Capital pays $29M to BentallGreenOak for mixed-use rental in SoHo January 15, 2024

• Neil Simon signs $16M refi for industrial in Maspeth April 07, 2023

• Rudin signs $30M refi with State Farm for 172-unit rental in Lenox Hill August 08, 2022

• Rudin signs $40M refi with State Farm for 241-unit rental facing Central Park August 04, 2022

• Rudin signs $395M senior loan for 3 Times Square, part of $415M rehab financing June 29, 2022

• Jack Resnick signs $50M refi loan with JPMorgan Chase for office building in Midtown January 03, 2022