Real Estate Forum - September 2016

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