Mark Kramer

PGIM Real Estate

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

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PGIM Real Estate NYC portfolio

$468.3 million* – condo 56%, office 40%; Manhattan 100%, Bronx 0%

349th largest portfolio by dollar value

682,473 sqft – office 69%, condo 30%;

472th largest by SF

4 properties – Manhattan 100%, Bronx 0%

1769th largest

Person Activity past 24 months:

Lender signatory: 1 for $22 million

Top Ten Associated Companies:

Woodmont Development (1)

Top Ten Associated People:

Benjamin Alcorn (1), Neil Simon (1)

Recent activity as company:

Woodmont Development borrowed $22 million from PGIM Real Estate for 4700 Glenwood Road and 2385 Hollers Avenue, East Flatbush, Brooklyn on December 31, 2024.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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