Commercial real estate is a business
based on relationships, smart dealmaking and—most importantly—the
talents, ingenuity and ambitions of the
people who make a career out of this
field. In honor of our 70th Anniversary,
the editors of FORUM have compiled
a healthy roster of some of the most
influential executives in the business.
Here’s a look at some of the dominators and innovators who have helped to
shape the industry over the past few decades, and will do so for years to come.
70th Anniversary Special Coverage
ELITE
ERIC ADLER
This has been a busy year for Eric Adler,
managing director and CEO of PGIM
Real Estate. In May, the company
announced that Prudential Real Estate
Investors, which had operated globally
under two different monikers, consolidated under one brand name—PGIM
Real Estate—to support its globally
diversified investment platform and client base. PGIM Real Estate has completed a number of noteworthy transactions across asset classes in markets
around the world, and held final closes
for a new European value-add fund and its third Asia Pacific property fund over the course of the year. With $66.5 billion in gross
assets under management globally, PGIM Real Estate is the real
estate investment management business of Prudential Financial
Inc. Adler, who has more than 20 years of real estate investment
experience, was previously the firm’s global CIO, responsible for
overseeing the investment process and working with regional business leaders to build a consistent investment culture globally. He
earlier served as head of PGIM Real Estate’s European business.
Before joining PGIM Real Estate in 2010, he co-directed Tishman
Speyer’s European activities and was a member of its global management and investment committees. He has also worked for Morgan
Stanley Real Estate, where he led investment activities in Germany,
France, Italy and Spain, and Credit Lyonnais and Unibail in Paris.
ROBERT AMBROSI
No stranger to setting up new shops
in the net-lease space, Robert
Ambrosi is currently chairman, CEO
and director of ARCTRUST, a private REIT that specializes in the
development, acquisition and financing of net lease real estate. Through
his 40-year career in real estate development and investment, he’s helmed
some of the most successful net lease
firms in the nation. Starting out as a
real estate analyst at the Mutual Life
Insurance Co. of New York, he was
then hired as a VP to open the New
York office of Canadian real estate investment banking firm Marcil
Properties, where he handled the acquisition of US real estate and
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