PGIM provides $57 million mezzanine loan to Crescent Heights for NEMA Chicago refinancing

Prudential Financial, Inc.

Prudential Financial, Inc.

PRU

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  • PGIM provided a USD 57 million mezzanine loan to Crescent Heights to refinance NEMA Chicago, a Class A multifamily property.
  • Collateral is the 800-unit South Loop asset across from Grant Park.


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 July 22, 2026, and is solely responsible for the information contained therein.