PGIM hires David Blum to lead US high-yield real estate credit investments

Prudential Financial, Inc.

Prudential Financial, Inc.

PRU

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  • 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.


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