Prudential Mortgage Capital Company has hired David Stein as a director responsible for originating multifamily and healthcare loans, the company announced today. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE:PRU).

Stein is based out of the firm’s New York City office and reports to Patrick Kempton, principal in originations.

“We are excited for David to join our originations team, as his extensive background in multifamily and healthcare originations will complement our existing team,” Kempton said. “David’s nearly 20 years of multifamily housing and healthcare experience, along with his market knowledge and industry network, will pair well with our originations platform.”

Stein joins Prudential Mortgage Capital Company from Oppenheimer Multifamily Housing & Healthcare Finance, Inc where he was a senior vice president of origination. Prior to Oppenheimer Multifamily Housing & Healthcare Finance, Inc, Stein worked at Deutsche Bank AG, as a vice president in their commercial real estate finance group.

Prudential Mortgage Capital Company is a national full-service, commercial and multifamily mortgage finance business with more than $87.3 billion in assets under management and administration as of June 30, 2015. Leveraging a 135-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 Program Plus® and specialized affordable housing programs; FHA; Conduit; Prudential’s general account and proprietary balance sheet program; and other institutional investors. The company maintains a loan servicing portfolio of approximately $85.0 billion, as of June 30, 2015. For more information, please visit http://www.prumortgagecapital.com.

Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2015, 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.