PREFII

AcronymDefinition
PREFIIPrudential Real Estate Fixed Income Investors (mortgage investment manager; Prudential Financial, Inc.; Newark, NJ)
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The overall debt market has become very commoditized with lenders primarily only wanting to finance stabilized properties and not wanting to assume any type of property risk, such as lease-up or repositioning risk," said Doug Vikser, managing director of PREFII.
By offering first mortgage and mezzanine financing PREFII has the ability to provide borrowers with "one stop" financing by offering borrowers hybrid loan structures that provide both first mortgage bridge and mezzanine financing in a single loan structure.
PREFII is also currently evaluating transactions in Denver, Boston, and other major metropolitan areas.