Newark, NJ (openPR) 27 April 2010

Prudential Mortgage Capital Company closed a million (4.6 billion yen) of debt financing by a group of five high-quality logistics secured building in the first place in Tokyo for Mitsubishi Diamond Realty Management (DREAM) is Logistics Fund. The first phase of the company trademark to trade in real estate debt in Japan, as it received approval for commercial real estate loans in the Tokyo Metropolitan Government offer in late 2009. Prudential Mortgage Capital is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE: PRU).

“We are very pleased to have closed our first deal in Japan, what the strength of our program and the commitment to the Japanese market for commercial real estate,” said Thor Orndahl, a General Manager will oversee Prudential Mortgage Capital Non-US platform for a mortgage. “We look forward to our presence in this market by providing attractive long-term financing for our borrowers.”

funding was part of a wider pool of bonds, provided by Prudential Fund DREAM logistics and other financial institutions in Japan. In Japan, Prudential Mortgage Capital for long-term fixed-rate senior debt leverage to moderate income-producing assets and the company is currently focused on apartment buildings, office and warehouse properties in Tokyo.

Tomoyuki Ishikawa, who heads the Office of the Prudential Mortgage Capital in Tokyo, said: “We are pleased that initially was at Prudential respected in Japan with a company and DREAM. It is a wonderful first step in our intention to develop a high-level commercial real estate lender in the country has become. “

founded in 2004, DREAM is a wholly owned subsidiary of Mitsubishi Corporation and managed several private real estate institutional catering to Japanese and global investors. The total assets under management of more than 240 billion yen and it has grown into a leading asset management companies in Japan.


Prudential Mortgage Capital

Company is a full-service national commercial and multifamily mortgage finance business with 0.5 billion in assets under management and administration, as the 31 December 2009. With a history of 130 years of real estate financing, the company offers one of the most complete lines of products and real estate financing comes from loans for Freddie Mac targeted affordable housing programs, Fannie Mae DUSA? ¢, FHA, Prudential, the general account and other institutional investors. The company has a loan portfolio of around billion in service, from 31 December 2009. For more information, please visit http://www.prumortgagecapital.com.

Prudential Financial, Inc. (NYSE: PRU), a leading financial services providers, some 7 billion in assets under management from December 31, 2009, in the United States, Asia, Europe and Latin America. With its heritage of life insurance and asset management, Prudential aims to help individual and institutional customers grow and protect their heritage. In the U.S., the company Rock symbol is a symbol of strength, stability, expertise and innovation that has stood the test of time. Prudential offers a wide variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management and real estate. For more information, please visit http://www.news.prudential.com.


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Commercial mortgages