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People - MARCH 22, 2022

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PGIM Real Estate strengthens real estate debt business

by Kali Persall

PGIM Real Estate has announced a series of executive hires and promotions as part of a strategy to strengthen its debt business.

Marcia Diaz has taken on an expanded role as head of U.S. core debt and will be responsible for overseeing the portfolio management of PGIM Real Estate’s U.S. core debt strategies on behalf of institutional investors.

Melissa Farrell will succeed Diaz in her previous role as head of U.S. originations for all U.S. loans. In this position, Farrell will lead the originations team and be responsible for overseeing the origination platform of commercial mortgage loans across all major capital sources and property types throughout the United States.

In addition, Daniel Kattan will join PGIM Real Estate’s debt originations team as an executive director. Kattan will be based in Los Angeles, responsible for covering the Western United States, including the Mountain States and Texas.

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