ATLANTA, GA – PGIM Real Estate Finance continues to expand its seniors housing originations team with the addition of Corley Audorff. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).
Audorff is a director in the Senior Housing and Healthcare Group, where he joins recent new hire Christopher Fenton and the current team to continue to grow PGIM Real Estate Finance’s seniors housing platform. Reporting to Hal Collett, managing director at PGIM Real Estate Finance, Audorff will have a specific focus on lending for skilled nursing facilities and is based in Atlanta.
“It is exciting to join a growing seniors housing team and help build upon a proven platform of originations capabilities. I am looking forward to securing new business in the skilled nursing sector for PGIM,” said Audorff.
“We plan to continue to grow our seniors housing lending platform over the course of this year, and bringing on Corley’s unique skilled nursing facilities experience helps to round out the originations team even further. His experience and relationships in this sector are a great match for our seniors housing lending group, as well as our clients active in this space,” said Collett.
Audorff joins PGIM Real Estate Finance from Monticello Asset Management where he was a managing director focusing on bridge loan originations for both healthcare and multifamily assets. Prior to joining Monticello, he worked at HUD in the Office of Residential Care Facilities in multiple capacities including as a senior underwriter, skilled nursing portfolio reviewer and interest rate reduction program team lead. Audorff earned a bachelor’s degree, MBA and JD from the University of Georgia.
About PGIM Real Estate Finance: PGIM Real Estate Finance, the commercial mortgage business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU), is an international full-service, commercial and multifamily mortgage finance business with $93.6 billion in assets under management and administration as of March 31, 2018. Leveraging a 140-year history of real estate finance, the company offers one of the most comprehensive lines of real estate finance products and originates loans for Fannie Mae DUS®, Freddie Mac and specialized affordable housing programs; FHA; Prudential’s general account; and other institutional investors.
About PGIM and Prudential Financial, Inc. With 15 consecutive years of positive third-party institutional net flows, PGIM, the global asset management businesses of Prudential Financial, Inc. (NYSE: PRU), ranks among the top 10 largest asset managers in the world with more than $1 trillion in assets under management as of March 31, 2018. PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including fundamental equity, quantitative equity, public fixed income, private fixed income, real estate and commercial mortgages. Its businesses have offices in 16 countries across five continents.