Madison Capital, PGIM take over debt tied to Juul Labs’ former SF HQ

AI Briefing

• – Madison Capital and PGIM acquire debt tied to Juul Labs' former SF HQ for $90-100M.
• – The acquisition sets stage for possible foreclosure or negotiated transfer of 123 Mission Street property.
• – Madison Capital's head of acquisitions, Jonathan Nachmani, says deal was purchased in 'low $90 million' range.