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MADISON, NJ-Prudential Real Estate Investors reports it has named Frank Garcia a managing director and portfolio manager for its core open-ended equity commingled real estate strategy.

Garcia is the fourth portfolio manager on the team. He reports to senior portfolio manager Cathy Marcus, as does managing director and portfolio manager Joanna Mulford. Garcia is based in PREI’s San Francisco office along with assistant portfolio manager and VP Nicole Stagnaro. He joins in a newly created role to meet the increasingly complex management needs of the firm’s US core strategy as it expands to reach clients around the world, company officials state.

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