Jaime Zadra is a managing director at PGIM Real Estate. Based in Los Angeles, Jaime is responsible for managing debt originations for the West and Midwest regions of the United States through a broad range of commercial mortgage products on behalf of Core, Core Plus, and Structured debt investors, including Prudential's General Account, and the Agencies – Fannie Mae, Freddie Mac, and FHA. Additionally, Jaime has portfolio management responsibilities, including pricing and credit authority, for the company's Core mortgage portfolio in California, Oregon and Washington.
Since joining the company in 2004, Jaime has originated more than $15 billion of loans across all property types and for all of PGIM Real Estate's capital sources. Jaime was named managing director in 2019. Earlier, she served as an executive director for 10 years and was debt originations team lead for Northern California and the Pacific Northwest. Jaime started her career at PGIM Real Estate as an associate covering relationships in San Diego and Los Angeles.
Jaime has a Bachelor of Arts in Biology and Public Policy Analysis from Pomona College and a Master of Business Administration in Finance and Real Estate from the UCLA Anderson School of Management. Jaime is
a Chair of the ULI Los Angeles Capital Markets Council, and a member of the ULI IOPC Red Product Council and the UCLA Real Estate Alumni Group Endowment Circle.
Speaking at
Tue Oct 29
4:00 PM — 5:00 PM (GMT-05:00) Eastern Time
Resorts World Las Vegas - Level 2, Blossom ABC
Alternatives to Traditional Financing: The Rise of Debt Funds
Category
Capital Markets
Because of the regional banking crisis and repricing of office and multifamily properties, regional and even larger banks have largely abandoned the real estate financing market generally and construction specifically. Developers have also seen an erosion in lenders willing to do large-scale residential projects. Debt funds, many of which are backed by global insurance companies, are filling the gap. The panel will discuss the current landscape of development, construction, and repositioning loans—who the players are, the products they are considering, and how they differ from traditional bank lenders.