Vice President & Head, Social Investment Program, Community Resources Department, Prudential
Ommeed Sathe is a vice president and head of the Social Investment Program in the Community Resources Department at Prudential, responsible for underwriting, origination, pipeline development and portfolio management activities. The Social Investment Program manages a portfolio of more than $300 million in investments and typically originates between $50 million and $75 million in transactions annually.
Sathe also is director of the Newark Investment Fund, which provides investment resources to support the Strong Healthy Cities Initiative, one of five collaboratives that comprise the Living Cities Integration Initiative, a program that provides support to cities that are fundamentally reshaping communities and policies to meet the needs of low-income residents.
Before joining Prudential in June 2011, Sathe was director of real estate development for the New Orleans Redevelopment Authority, a quasi-public entity that alleviates blight, redevelops residential and commercial properties and implements crucial public projects in New Orleans. Previously, he was a real estate and land use attorney with Fried, Frank, Harris, Shriver & Jacobson in New York City.
Sathe has an undergraduate degree in neuroscience and urban planning from Columbia University; a Masters degree in city planning from the Massachusetts Institute of Technology; and a J.D. from Harvard Law School.