Noah Levy
Managing Director, Senior Housing, PGIM Real Estate
Noah Levy is Managing Director, Senior Housing with PREI, a fully integrated real estate investment management firm with more than $25.7 billion of net assets under management as of 9/30/10. Mr. Levy is the Portfolio Manager for Senior Housing Partners I, L.P. (SHP I), Senior Housing Partners II, L.P. (SHP II) and Senior Housing Partners III, L.P. (SHP III). SHP I, SHP II and SHP III are closed-end, discretionary, commingled funds specifically focused on investments in the senior housing industry. SHP II, which at its peak had gross assets of approximately $205 million, is currently in liquidation. SHP III had its final close in June 2006 with equity commitments of $370.7 million and is currently completing its funding period. The SHP funds are the successors to Circle Housing Limited Partnership (Circle), PREI’s first dedicated senior housing fund, which had gross assets of approximately $120 million at its peak. Prior to joining PREI full time in January 1998, Mr. Levy was responsible for Prudential’s Senior Housing lending program nationwide for four years from 1994 through 1997. In addition to his lending responsibilities, in 1997 Mr. Levy also worked to invest funds for Circle Housing (later becoming its portfolio manager). Mr. Levy was Chairman of the American Senior Housing Association for 2004-2005 and has spoken frequently at conferences on senior housing topics. Since joining Prudential in 1990 as assistant to the Chairman for the then Prudential Realty Group, Mr. Levy has been involved in over $250 million of commercial real estate loan originations on traditional property types (1993-1996). He has also successfully managed over $1 billion in troubled mortgage assets (1991-1992 and 1996). Before working at Prudential, Mr. Levy spent seven years with Mitsui & Co. (USA), Inc., the American subsidiary of one of Japan’s largest trading companies focused on new business development, corporate mezzanine investments, corporate planning, and economic research. Mr. Levy has a BA in History from Princeton University, an MA in International Affairs and Economics from The Johns Hopkins University, and an MBA from The Wharton School of The University of Pennsylvania.
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