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Thursday, Oct 6, 2022
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Marcus & Millichap Partners With Prudential

Marcus & Millichap’s financing subsidiary Marcus & Millichap Capital Corp. has broadened its network of lenders through a preferred correspondent agreement with PGIM Real Estate Finance, a unit of Prudential Financial Inc. The Calabasas brokerage plans to use the PGIM relationship to facilitate loans for multifamily properties. “Our partnership with PGIM Real Estate Finance is a significant win for our clients, and is in line with our goal to consistently deliver the lowest cost capital solutions, competitive pricing, and efficient execution,” Richard Katzenstein, national director of Marcus & Millichap Capital Corp., said in a statement. Shares of Marcus & Millichap closed Friday up 11 cents, or a fraction of a percent, to $26.40 on the New York Stock Exchange.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.
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