MADISON, N.J.--(BUSINESS WIRE)--Prudential Real Estate Investors has named Lee Menifee a managing director and head of Americas investment research, the company announced today. PREI®, among the world’s largest real estate investment management and advisory businesses, is a business of Prudential Financial, Inc. (NYSE:PRU).
Menifee, whose appointment is effective immediately, will lead PREI’s research efforts in the U.S. and Latin America and will join the U.S. and Latin American investment committees. He is based in PREI’s global headquarters in Madison and reports to Peter Hayes, global head of investment research.
“Lee brings tremendous depth of knowledge and insight into trends driving the real estate landscape in the Americas as we continue to build a global research capability that delivers innovative, market-leading intelligence to our investment teams and clients,” Hayes said.
Before joining Prudential, Menifee led research for American Realty Advisors, where he supported portfolio, asset management, acquisitions and marketing. Earlier, he was the managing editor of global real estate strategy for BCA Research, where he was responsible for product development. He also spent 14 years in various research roles within CBRE Investors, including senior director of global strategy.
Menifee earned a bachelor’s degree in environmental studies and planning from the University of California Santa Barbara and a master’s degree in urban planning from the University of Southern California.
PREI is a leader in the global real estate investment management business, offering a broad range of investment vehicles that invest in private and public market opportunities in the United States, Europe, the Middle East, Asia, Australia and Latin America. Headquartered in Madison, N.J., the company also has offices in Atlanta, Chicago, Miami, New York, San Francisco, Frankfurt, Lisbon, London, Luxembourg, Munich, Paris, Abu Dhabi, Mexico City, Sao Paulo, Hong Kong, Seoul, Singapore, Sydney and Tokyo. In addition, the company has representatives in Milan. PREI had gross assets under management of USD $55.7 billion ($41.0 billion net), as of December 31, 2013. For more information, visit http://www.prei.com.
Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1.1 trillion of assets under management as of December 31, 2013, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.