PGIM hires David Blum to lead US high-yield real estate credit investments - PRU News | RalliesPGIM hires David Blum to lead US high-yield real estate credit investments
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PRU• PGIM names new lead for U.S. high-yield real estate credit
- PGIM appointed David Blum as managing director to oversee U.S. high-yield real estate credit investments in a newly created role.
- Blum will be based in New York, focusing on higher-yield real estate credit as part of the firm’s U.S. real estate debt platform.
- He joins from Prospect Ridge, where he led commercial real estate debt strategies as a managing director.
- Blum previously worked at Angelo Gordon, originating and managing commercial real estate loan investments.
- PGIM Real Estate reported $217 billion in gross assets under management and administration as of March 31, 2026.
