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Pretium Surpasses $1B in New Homebuilder Loans, Supporting the Construction of ~5,000 Homes Nationwide

Financing milestone part of broader push to become one of the nation’s largest home construction and development lenders NEW YORK, July 10, 2025 – Pretium, a specialized investment firm managing approximately $60 billion in assets under management, today announced that it has originated over $1 billion in loans to homebuilders over the last six months. […]

Devin Kelly

Bipartisan Policy Center Panel on Institutional Investment in Single-Family Housing

At the Bipartisan Policy Center in Washington, DC, Pretium Founder and CEO Don Mullen explored themes in single-family rental housing in a conversation with Laurie Goodman of the Urban Institute, Alexander Hermann of the Harvard Joint Center for Housing Studies, and moderator Dennis Shea, Executive Director of the Bipartisan Policy Center’s J. Ronald Terwilliger Center […]

Devin Kelly

Pretium Founder and CEO Don Mullen on Goldman Sachs’ “Great Investors” Podcast

In an episode of Goldman Sachs’ Great Investors podcast, Pretium’s Founder and CEO Don Mullen shares insights on the U.S. housing market, investment opportunities across residential real estate, residential credit and beyond, and how Pretium is deploying investment capital to address the U.S. housing shortage and expand the availability of affordable housing. Listen to the […]

Devin Kelly

Pretium Raises $500 Million for its Inaugural Legal Opportunities Fund; The Fund provides liquidity to support the monetization of legal entitlements

NEW YORK, March 4, 2025 – Pretium, a specialized investment firm with more than $57 billion in assets under management, has closed its inaugural Legal Opportunities Fund, securing approximately $500 million in equity capital commitments from a group of new and existing investors. The Fund will provide liquidity to plaintiffs, entitlement holders and law firms […]

Devin Kelly

Pretium to Originate Up to $5 Billion in Loans to Homebuilders; Secures $550 Million for its Inaugural Institutional Finance Vehicles Dedicated to Creating and Renovating Residential Inventory

NEW YORK, January 16, 2025 – Pretium, a specialized investment firm with over $55 billion in assets under management, today announced the closing of its inaugural homebuilder finance vehicles (collectively, the “Fund”), securing $550 million in equity capital commitments from a diversified group of existing and new institutional investors. Including leverage and capital recycling throughout […]

Devin Kelly

Stephen M. Scherr Joins Pretium as Co-President To Partner with Jonathan Pruzan in Driving Next Phase of Firm’s Growth

NEW YORK, October 7, 2024 – Pretium, a specialized investment firm with more than $55 billion in assets under management, today announced the appointment of Stephen M. Scherr as Co-President, effective immediately. In this role, Scherr will work in partnership with Co-President Jonathan Pruzan in overseeing Pretium’s strategic and operational initiatives. Scherr is also joining […]

Devin Kelly