PGIM provides $136.3 million floating-rate loan on central Florida MHC portfolio
PGIM extended $136.3 million in floating-rate debt to Bedrock Communities, secured by a seven-asset manufactured housing portfolio in central Florida.
Key facts
- PGIM's Real Estate Investment Group provided $136.3 million in floating-rate financing to Bedrock Communities.
- The loan was made on behalf of PGIM's core-plus debt strategy.
- The seven-asset portfolio in central Florida contains 1,577 sites.
- PGIM said its lending to Bedrock Communities now totals more than $430 million across five loans over the past two years.
- Bedrock Communities owns and operates manufactured housing communities in the Southeast US.
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Read the original at Connect CRE (opens in a new tab)
Source: PGIM Provides $136.3M Financing for 7-Asset Manufactured Housing Portfolio — Connect CRE, August 24, 2026. Summary and commentary by RISE Community; read the full story at the source.
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