December 18, 2018
PGIM Real Estate Finance expanded in the Midwest, adding a new originations team led by Bruce Gerhart and David Strachan. The pair, as well as their production team, are based in the new Cleveland office and will report to Hal Collett, head of Federal Housing Administration and affordable lending at PGIM.
The new team will be responsible for sourcing and originating loans for affordable housing, FHA multifamily and health care and seniors housing with a focus on Ohio, Michigan and throughout the Midwest.
Gerhart, Strachan and their production team of Thomas Bruce and Troy Buckley formerly worked together at Love Funding Corporation. Gerhart has more than 30 years’ experience in the commercial real estate industry, including extensive knowledge of FHA underwriting and processing dating back to the early 1990s. Strachan comes to PGIM with more than 10 years of experience in FHA origination and underwriting.
For comments, questions or concerns, please contact Dennis Kaiser