PGIM Real Estate provides $222 million refinancing to Rudin for two Midtown Manhattan offices
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Prudential Financial, Inc. PRU | 0.00 |
- PGIM provided USD 222 million in financing to Rudin Management to refinance two Class-A Midtown Manhattan office buildings.
- The package includes a USD 140 million loan for 41 Madison Avenue, a 451,568-square-foot property.
- It also includes a USD 82 million loan for 641 Lexington Avenue, a 581,704-square-foot property.
- Loans were originated through PGIM’s core lending strategy, targeting stabilized, well-leased assets totaling more than 1 million square feet.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PGIM Inc. published the original content used to generate this news brief on June 25, 2026, and is solely responsible for the information contained therein.
