Sara Shank PGIM SaraShank

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NEW YORK CITY—PGIM Real Estate has hired Sara Shank as managingdirector and global head of innovation, based in its New York Cityoffice. Shank will lead the firm's effort to advance investmentdecision-making and business operations around the world byharnessing data and technology in new ways.

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PGIM Real Estate is the real estate investment and financingbusiness of PGIM, the $1.3 trillion global investment managementbusiness of Prudential Financial, Inc. In this newly created role,Shank will work across PGIM Real Estate's global debt and equityplatform to bridge technological innovation and other macro trendsaffecting the real estate business, with the goal of drivingexceptional outcomes for the firm's clients, according to aprepared release.

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She will be responsible for developing and implementingtechnology solutions and data strategies across investment, assetmanagement, operations and client servicing. "Innovation has been ahallmark of our firm since its inception," says Eric Adler, CEO ofPGIM Real Estate, in a prepared statement.

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Now more than ever, he continues, "it is imperative to adapt andevolve as an organization to meet the major disruptions that arechanging every facet of our business—from our investment process,to asset management, client relationship management and ourday-to-day-operations. Sara is uniquely positioned to take on thischallenge, and I am thrilled she has joined our team."

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Shank brings to PGIM Real Estate more than 20 years of realestate experience across all facets of strategy, innovation,portfolio management, asset management and transactions. She joinsfrom Beacon Capital Partners, where she most recently served asmanaging director and head of portfolio management. In this role,she was chair of the company's portfolio committee and a member ofthe investment, management, internal credit, due diligence and debtcommittees, in addition to being responsible for driving innovationacross the firm. During her tenure, she oversaw the review,screening and implementation of a number of new technologies andplatforms.

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Shank is excited to advance PGIM Real Estate's "strategicpriority to employ new and innovative technology solutions,including ones that harness the company's extensive proprietarydata, to drive exceptional results for clients."

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As an active industry participant, Shank has been a foundingmember of several industry organization councils, including the ULINational Real Estate Technology Council and CREtech LeadershipBoard. She has also served as an advisory board member for VTS,WiredScore, CompStak, Building Engines and Comfy.

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In a recent article on GlobeSt.com, Lee Menifee, head ofAmericas Investment Research at PGIM Real Estate, talked about theimportance in technology and noted that "the winners and loserswill shake out depending on how well capitalized they are and howmuch expertise they have." Click here to read more on thesubject.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.