PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office.
Shank will lead the firm’s effort to advance investment decision-making and business operations around the world by harnessing data and technology in new ways. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
In this newly created role, Shank will work across PGIM Real Estate’s global debt and equity platform to bridge technological innovation and other macro trends affecting the real estate business, with the goal of driving exceptional outcomes for clients. She will be responsible for developing and implementing technology solutions and data strategies across investment, asset management, operations and client servicing.
“Innovation has been a hallmark of our firm since its inception,” said Eric Adler, CEO
