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Paul Hastings Represents Prudential Real Estate Investors in Closing $805 Million Real Estate Debt Fund
New York, NY
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Prudential Real Estate Investors, the real estate investment and advisory business of Prudential Financial, Inc. (NYSE: PRU), in securing $805 million of discretionary capital for its Prudential U.S. Real Estate Debt Fund.
After targeting $500 million in capital commitments, the fund exceeded its target by raising more than $800 million from a group of prominent global institutional investors. The Fund will target debt investments in both new originations and secondary acquisitions secured by institutional quality income producing properties throughout the United States.
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