PGIM has hired David Blum as managing director overseeing U.S. high-yield real estate credit investments.
In this newly created role, Blum will focus on high-yield real estate credit, supporting the firm’s ability to deliver flexible, value-driven debt capital solutions for investors and borrowers. He is based in the firm’s New York office.
Blum joins PGIM from Prospect Ridge, where he was managing director and led the firm’s commercial real estate debt strategies. He previously served as managing director at Angelo Gordon, where he was responsible for originating and managing commercial real estate loan investments.
Earlier in his career, Blum also held a number of senior real estate credit roles, including at GTIS Debt Capital Management and LStar Capital.
