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Melissa Farrell
Managing Director at PGIM Real Estate
Melissa Farrell is a prominent figure in the commercial real estate sector, currently serving as the Managing Director and Head of U.S. Debt Originations at PGIM Real Estate. With over 25 years of experience in the industry, she has been instrumental in overseeing debt origination activities across the United States since her return to PGIM in 1997.34
Professional Background
- Education: Farrell holds an MBA in Finance and Financial Management from 1996 and a Bachelor of Science in Hospitality Administration/Management from 1991.2
- Career at PGIM: Throughout her tenure at PGIM, she has held various management roles, contributing significantly to the company's success in the commercial real estate market. Under her leadership, PGIM Real Estate has maintained a strong presence, originating approximately $15 billion in debt through more than 400 loans across diverse sectors, including multifamily and industrial properties.13
Industry Impact
Farrell has emphasized the importance of the multifamily sector, describing it as "less volatile" compared to other asset classes. She has also noted that PGIM has been proactive in providing financing solutions at a time when traditional banks have reduced their lending activities due to regulatory pressures and rising interest rates.14
In summary, Melissa Farrell's extensive experience and leadership at PGIM Real Estate position her as a key player in navigating the complexities of commercial real estate finance.