Pretium

The issue of housing undersupply was at the top of the agenda at this year’s PENSION REAL ESTATE ASSOCIATION (PREA) Annual Institutional Investor Conference in Washington, D.C.     Our founder and CEO Donald R Mullen Jr joined a panel moderated by Shelley Santulli of NEPC to discuss the long-term trends that have fueled the housing shortage, and ways that sources of private capital like Pretium are stepping in to provide financing to homebuilders and developers for new construction in markets that need it most. “We want to be in a position to help homebuilders build more homes and be a capital provider,” he said.      #PREA2024 #PREAConference #RealEstate 

“We look for dislocations that require high complexity to execute on. It’s more than just identifying assets. We’re in the business of finding assets and then operating the assets,” explained our founder and CEO Donald R Mullen Jr at this year's Pretium Investor Symposium, which explored the growing opportunities for investors in residential real estate, residential credit, structured credit and legal financing.   Thank you to our clients and partners who joined us last month in New York City for our 2024 Investor Symposium.   Read key takeaways or watch highlights from the Symposium here: https://lnkd.in/e4rnF86x   #Investors #RealEstate #Symposium

In recognition of Hispanic Heritage Month, Frank Garcia, Head of Fund Portfolio Management at Pretium and Santiago Sueiro, Senior Policy Analyst for Economic Initiatives at UnidosUS (@WeAreUnidosUS), hosted a conversation with Pretium employees on the growing economic impact of the nation’s population of 63 million Latinos and how they are shaping the dynamics of the U.S. housing market. Read more from Santiago and Frank: 

In recognition of LGBTQ History Month, Pretium hosted a Lunch & Learn discussion panel centered on coming out in Corporate America, featuring CEO of Anchor Loans Rayman Kaur Mathoda, Senior VP of Client & Portfolio Management at Selene Finance LP Joey Halligan, and Senior Director of Public Relations at Progress Residential® Adam J. Lawless. Read more from the panelists: #Pride #LGBTQHM

In partnership with New York Cares, we recently hosted a firmwide Volunteer Day to give back to our local community. Our Pretium team members helped to spruce up flowerbeds in Marcus Garvey Park in Harlem, one of the oldest public squares in Manhattan. In our office, volunteers packed essential hygiene kits for at-risk populations in support of Homes for the Homeless and Roads to Success.   Thank you to our community partners for giving our team the opportunity to contribute.   #GivingBack #Community #VolunteerDay

We are excited to announce that Stephen Scherr has joined Pretium as Co-President, working in partnership with Co-President Jonathan Pruzan to oversee our strategic and operational initiatives. “Stephen’s expertise in running businesses in financial services and consumer-facing sectors will be a tremendous asset to Pretium as we leverage our distinctive position as both an investment firm and operator of complex, vertically integrated businesses,” said our founder and CEO Donald R Mullen Jr. “Stephen and Jon will be a formidable pairing to lead Pretium with me.” Read more: https://lnkd.in/e95jCzqn #Leadership #RealEstate #Finance #Innovation

In the latest episode of John Burns Research and Consulting’s “New Home Insights” podcast, our Founder and CEO Donald R Mullen Jr talked with John Burns about the evolution of the Single-Family Rental (SFR) industry, the growing need for homebuilder and construction financing, and how build-to-rent communities are expanding the stock of quality housing options across the U.S.   Listen to the full podcast here: https://lnkd.in/eca--Tz5   #SFR #BTR #Housing

Our Senior Managing Director and Head of the Bank Loan and CLO Platform Roberta Goss recently sat down with Bloomberg Businessweek Radio to break down what the Fed’s rate decision means for credit markets, consumer expectations, and how Pretium is capitalizing on strong performance in leveraged credit. Check out a quote from the interview below: #Credit #Fed #CLO

We're thrilled to welcome Mark Hudspeth to Pretium as Senior Managing Director, Head of Capital Markets.   Read more: https://lnkd.in/eTREUcwD   #CapitalMarkets #Finance #RealEstate #Leadership

This week, we hosted our 2024 Pretium Investor Symposium in New York City, convening investors, economists, housing experts, and others to join the Pretium leadership team in discussing key trends shaping the investment landscape, opportunities for investors in residential real estate and beyond, and the outlook for allocating capital in 2025. #Investors #RealEstate #Symposium