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Pembrook in News: 2019

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Pembrook In News
February 28, 2022Pembrook Adds Maya Wiley to Focus on Affordable Housing Inequalities
March 02, 2022Former NYC Mayoral Candidate Maya Wiley Tapped To Advise CRE Firm’s DEI Efforts
May 18, 2021Commercial Real Estate Emphasizing ESG Scores More Than Ever
June 08, 2021Pembrook Provides $9.3 Million Preferred Equity Investment for Acquisition and Renovation of Harborside Suites in Ruskin, Florida
July 27, 2021Pembrook Appoints Advisors for Affordable Housing Lending Business, Broadening Efforts to Address Economic and Racial Inequality
August 04, 2021Nigel Henry Joins Pembrook Capital Management As Analyst
September 23, 2021Pembrook Provides $15.35M First Mortgage Loan For Acquisition and Renovation Of Parkwood Apartments In Los Angeles County
November 18, 2021Pembrook Provides First Mortgage Loan to Refinance and Renovate Affordable Housing Property at 6700 S. Merrill Avenue in Chicago
December 15, 2021Pembrook Provides $29 million in financing to acquire and renovate Chicago affordable housing portfolio
December 16, 2021South Side Chicago apartment complex bought, to be renovated for $29 million
December 16, 2021Pembrook Capital Management provided financing for the acquisition and upcoming renovation of the 20 buildings
July 09, 2020Pembrook Provides $12.4 Million Loan for Acquisition and Rehabilitation of Rent Regulated Multifamily Properties in Staten Island
November 09, 2020Pembrook Provides $7.5 Million First Mortgage Loan for Acquisition of Two Multifamily Properties in Phoenix, AZ
November 16, 2020San Diego Affordable Housing Arriving in the Nick of Time
November 18, 2020The Real Deal: Multifamily’s New Frontiers
November 18, 2020The Real Deal: Multifamily beats the odds
December 14, 2020Pembrook Provides $17.7 Million Financing Package for Acquisition and Renovation of Multifamily Portfolio in Shaker Heights, OH
December 14, 2020Pembrook funds $17M Ohio multifamily loan
December 21, 20202nd Wave Development Secures Tampa Apartment Project Funding
January 05, 2017Real Estate Finance & Investment: Pembrook bolsters social lending commitment
January 23, 2017Pembrook Provides $8.8M Preferred Equity Financing for Acquisition and Renovation of Tampa Area Apartments
January 27, 2017NY Buyer Pays $28M for Fractured Condo
March 21, 2017Stuart Boesky, Pembrook CEO, comments on the LIHTC market for the Wall Street Journal
March 30, 2017Pembrook Provides $6.2M Loan for Construction of Mixed-use Property in NYC
April 04, 2017Pembrook Provides $7.57M First Mortgage Loan to Complete Construction of Affordable Townhouse Development in Compton
May 02, 2017Pembrook Closes Note Purchase Transaction to Help Developers Bridge Choppy Waters in the Lihtc Market as They Seek to Preserve Affordable Housing
May 04, 2017Pembrook Facilitates Preservation Plan for 160 Affordable Housing Units in Washington, D.C. by Providing Acquisition Bridge Loan to non-Profit Developer
July 25, 2017Pembrook Launches Public Education Contribution Program, Planning Grants Up to 3% of Annual Profits to Schools in Cities Where Real Estate Firm Invests
July 31, 2017Pembrook Bolsters Local Schools via Grant Program
August 01, 2017NY Real Estate Journal – Pembrook Capital closes $6.2m first mortgage loan
August 31, 2017Pembrook Provides $6.2 Million Loan for Construction of Mixed-Use Property in Greenpoint, Brooklyn
September 11, 2017Pembrook Provides $22.3M Refinancing for Los Angeles Portfolio
October 01, 2017Institutional Real Estate – A new debt frontier
November 01, 2017Tax Credit Advisor – Working Your Way Out
October 23, 2006Stuart Boesky Teams With Hedge Fund on Real Estate Investment Venture
October 23, 2006Former CharterMac CEO Forms Real Estate Finance Firm
November 13, 2006Boesky Joins Mariner Deal
December 18, 2006CIBC World Markets Lends $82Mln for Pa. Offices
February 12, 2010Pembrook Ramps Up Lending Goal
July 23, 2010Pembrook Funds Luxury NY Condos
July 26, 2010Dealmaker of the Day
December 21, 2011$93M High Line Deal Continues Chelsea Transformation
January 01, 2012A Discipline Escapes Purgatory
February 09, 2012Dealmaker of the Day
March 08, 2012Republic Urban Secures First Financing for San Jose Apartments
March 12, 2012Pembrook TEB Revival Renews 11 Apartment Buildings in Kansas City
April 27, 2012Distressed Note Purchase Financing
August 29, 2012Pembrook Pembrook Capital Sets Its Sights Outside NYC
November 29, 2012Lucky Stars Aligned for ’13
December 05, 2012Pembrook Doubles Up on San Jose Apartment Project
December 19, 2012Pembrook Inks $18.3 Million Deal for Apt. Community
May 01, 2013Investors Re-Open the Spigots to Private Equity Funds
May 06, 2013Pembrook Buoyed By Traditional Lender Absence
June 06, 2013Mezz construction loans open new frontier for CRE finance
July 22, 2013East West, Pembrook Fund $37.25Mln of Financing for Los Angeles Apartments
September 04, 2013Pembrook Closes on Loan for Brooklyn Complex
October 01, 2013Real Estate Mezzanine: A Sustainable Opportunity
October 18, 2013Equity Portion in Place for 33 Lincoln Road Construction
November 04, 2013Pembrook Sees Rise in Demand for Preferred Equity
January 01, 2014A Look Inside Emerging Manager Programs
March 01, 2014The 50 Most Important People in Commercial Real Estate Finance
March 14, 2014Pembrook Originates $22M Bridge Loan for Savanna’s DoBro Buy
April 14, 2014Sam Chang Closes on West 37th Street Lot, Will Become a Gene Kaufman Hotel
May 14, 2014Private Equity Funds Battle for Capital
June 14, 2014Space at the Table Pembrook Capital Management
June 20, 2014Two Norcross Communities Get $22M Bridge Loan for Renovations
October 01, 2014Sponsor Interview with Stuart J. Boesky, Chief Executive Officer of Pembrook Capital Management
November 19, 2014Pembrook Funds Ohio Deal
November 19, 2014Q & A with Stuart J. Boesky, Chief Executive Officer of Pembrook Capital Management
January 31, 2015Pembrook Capital Management names Terence F. Baydala as Managing Director
February 09, 2015Pembrook beefs up originations
March 30, 2015Real Estate Fund Manager – Running into Debt
May 18, 2015Pembrook Enables 468 Columbus Redevelopment
November 07, 2015Real Estate Finance and Investment – The Rise of the Non-Bank Lender
November 20, 2015Pembrook Lends $30M Against Tampa Garden Apartment Complex
November 25, 2015Pembrook Arranges Financing for Acquisition, Renovation of Madison Oaks
April 26, 2016Pembrook backs Hudson Yards hotel
June 13, 2016Real Estate Finance & Investment: Pembrook funds Chicago workforce housing loan
July 11, 2016The Commercial Observer: Stuart Boesky – Q&A
July 15, 2016Stuart Boesky Talks Private Equity, Affordable Housing and Detroit
January 31, 2018Bigger Plan for 144 West Street
January 31, 2018Pembrook Capital Provides $2.3M Loan for Mixed-Use Property in Brooklyn
March 14, 2018Pembrook Capital Management appoints Financial Analyst
March 21, 2018Real Estate Weekly – Joseph Esposito has joined Pembrook Capital Management
March 31, 2018Real Estate Weekly – Douglas Wilberding has joined Pembrook’s national loan origination program
May 30, 2018Pembrook Capital closes $32M deal for Upper East Side mansion
June 13, 2018Pembrook Refinances Affordable Homes
June 21, 2018Icarus Investment Group secures $20M loan for large SW Side apartment portfolio
June 30, 2018Northeast Real Estate Business June-July 2018
July 12, 2018Churchill Real Estate recieved $35M loan
July 17, 2018Pembrook Provides $35M Bridge Loan for Mixed-Use Project in Manhattan
August 07, 2018Pembrook Capital Management donated to Louis Pasteur Elementary School
January 08, 2019Pembrook helps schools where it has investments
January 08, 2019Suburban Atlanta Property Receives $20M Financing
February 07, 2019Pembrook Provides $9,150,000 Construction Financing for 70-Unit Multifamily Development in Philadelphia
March 06, 2019Douglas Wilberding Joins Pembrook Capital Management to Expand Loan Origination Platform
March 13, 2019Joseph Esposito Joins Pembrook Capital Management as Financial Analyst
April 05, 2019Pembrook Provides $33,000,000 Financing Package for Acquisition of Fractured Residential Condominium in Ft. Myers, FL
April 23, 2019Real Estate – Investors Warm Up To ESG Strategies
July 16, 2019Pembrook Makes $50Mln Preferred Equity Investment in Fund Targeting Workforce Housing
July 17, 2019Prana Receives $50M to Acquire Affordable Multifamily Housing
July 18, 2019The Commercial Observer: Stuart Boesky – Q&A
July 25, 2019Prana bulks up purse for multifamily spree
August 01, 2019Pembrook Provides $50M in Pref Equity for LA, NYC Affordable Housing Portfolio
August 01, 2019Pembrook Invests in Prana Fund for Workforce Housing
August 01, 2019Affordable Multifamily Housing
August 31, 2019Pembrook Provides $50,000,000 in Preferred Equity Financing for Affordable Multifamily Housing in Los Angeles And NYC
January 31, 2023Pembrook Provides $38.2 MM in Financing for Acquisition, Renovation of Las Vegas Multifamily Portfolio
February 16, 2022Pembrook Capital Management Appoints Civil Rights Attorney Maya Wiley as Advisor on Efforts to Address Economic and Racial Inequality in Real Estate
March 22, 2022Pembrook Provides $20.4 MM in Preferred Equity Financing for Affordable Housing Developments in Los Angeles Market
July 28, 2022Pembrook Provides $9 MM Mezzanine Loan to Acquire and Renovate Missouri Multi-Family, Affordable Housing Property
November 10, 2022Pembrook Provides $23.7 MM Construction Loan for Los Angeles Apartment Development
November 10, 2022Pembrook Provides $12.2 MM Bridge Loan for Recapitalization, Renovation of Affordable Housing Property in Irving, TX
November 10, 2022Pembrook Provides $28.15 MM Bridge Loan for Ohio Multifamily Redevelopment
April 13, 2021Pembrook’s School Support Program Contributes to Washington Elementary School in Phoenix, AZ
May 18, 2021Pembrook Completes Community Impact Assessment, Affirms Commitment to Affordable Multifamily Investments
June 08, 2021Pembrook Provides $9.3 Million Preferred Equity Investment for Acquisition and Renovation of Harborside Suites in Ruskin, Florida
July 06, 2021Pembrook Continues School Contribution Program with Donation to Shaker Schools Foundation in Shaker Heights, OH
July 06, 2021Pembrook Completes Community Impact Assessment, Affirms Commitment to Affordable Multifamily Investments
July 14, 2021Pembrook Makes Donation to Bassett Street Elementary Media Arts and Technology Program as Part of Ongoing School Contribution Initiative
July 16, 2021Nigel Henry Joins Pembrook Capital Management as Analyst
July 27, 2021Pembrook Appoints Advisors for Affordable Housing Lending Business, Broadening Efforts to Address Economic and Racial Inequality
August 04, 2021Nigel Henry Joins Pembrook Capital Management as Analyst
September 23, 2021Pembrook Provides 15.35 MM First Mortgage Loan for Acquisition and Renovation of Parkwood Apartments in Los Angeles County
November 11, 2021Pembrook Provides First Mortgage Loan to Refinance and Renovate Affordable Housing Property at 6700 S. Merrill Avenue in Chicago
December 15, 2021Pembrook Provides $29 MM in First Mortgage and Preferred Equity Financing to Acquire and Renovate Chicago Affordable Housing Portfolio
January 21, 2020Pembrook Provides $10.6M in Financing, Including $6.2M First Mortgage Loan and $4.4M in Preferred Equity, for The Acquisiton of Five Properties in Southern California
March 24, 2020Pembrook Update: Coronavirus/Covid-19 Implications
March 25, 2020Pembrook 2nd Update: Coronavirus/Covid-19 Implications
March 26, 2020Pembrook 3rd Update: Coronavirus/Covid-19 Implications
June 10, 2020Pembrook Donates $20,000 to God’S Love We Deliver for COVID-19 Fund
July 09, 2020Pembrook Provides $12.4 Million Loan for Acquisition and Rehabilitation of Rent Regulated Multifamily Properties in Staten Island
November 09, 2020Pembrook Provides $7.5 Million First Mortgage Loan for Acquisition of Two Multifamily Properties in Phoenix, AZ
November 16, 2020Pembrook Delivers $11.7 Million in Mezzanine Financing for Multifamily Development in San Diego Market
December 14, 2020Pembrook Provides $17.7 Million Financing Package for Acquisition and Renovation of Multifamily Portfolio in Shaker Heights, OH
December 17, 2020Pembrook Provides $14.2 Million Preferred Equity Investment to Finance Construction of Large Tampa Multifamily Complex
January 07, 2019PEMBROOK PROVIDES $20,050,000 ACQUISITION FINANCING PACKAGE TO PRESERVE 294 UNITS OF AFFORDABLE MULTIFAMILY HOUSING IN ATLANTA METRO AREA
January 17, 2019PEMBROOK CONTINUES SCHOOL CONTRIBUTION PROGRAM WITH DONATION TO MOUNT ZION HIGH SCHOOL IN ATLANTA METRO AREA
February 06, 2019PEMBROOK PROVIDES $9,150,000 CONSTRUCTION FINANCING FOR 70-UNIT MULTIFAMILY DEVELOPMENT IN PHILADELPHIA
April 04, 2019PEMBROOK CONTINUES SCHOOL CONTRIBUTION PROGRAM WITH DONATION TO WILLIAM W. BODINE HIGH SCHOOL IN PHILADELPHIA
April 04, 2019PEMBROOK PROVIDES $33,000,000 FINANCING PACKAGE FOR ACQUISITION OF FRACTURED RESIDENTIAL CONDOMINIUM IN FT. MYERS, FL
April 08, 2019PEMBROOK PROVIDES $10.5 MM IN PREFERRED EQUITY FINANCING FOR CONSTRUCTION OF MULTIFAMILY DEVELOPMENT IN TAMPA, FL
July 16, 2019PEMBROOK PROVIDES $50,000,000 IN PREFERRED EQUITY FINANCING FOR AFFORDABLE MULTIFAMILY HOUSING IN LOS ANGELES AND NYC
October 22, 2019PEMBROOK PROVIDES $5.75 MM PREFERRED EQUITY FINANCING FOR 1025 OLD COUNTRY ROAD OFFICE PROPERTY IN WESTBURY, NY
January 29, 2018PEMBROOK PROVIDES CAPITAL FOR AFFORDABLE RENTAL HOUSING IN GREENPOINT, NY
March 05, 2018DOUGLAS WILBERDING JOINS PEMBROOK CAPITAL MANAGEMENT TO EXPAND LOAN ORIGINATION PLATFORM
March 13, 2018JOSEPH ESPOSITO JOINS PEMBROOK CAPITAL MANAGEMENT AS FINANCIAL ANALYST
May 10, 2018PEMBROOK PROVIDES $11,375,000 REFINANCING FOR AFFORDABLE MULTIFAMILY PROPERTY PORTFOLIO IN THE CLINTON NEIGHBORHOOD OF MANHATTAN
May 16, 2018PEMBROOK PROVIDES $32,750,000 FINANCING FOR PARK MANSION, LUXURY CONDO REDEVELOPMENT OF UPPER EAST SIDE HISTORIC PROPERTY
June 22, 2018PEMBROOK PROVIDES $20,300,000 FIRST MORTGAGE BRIDGE LOAN FOR 325-UNIT MULTIFAMILY PORTFOLIO, HELPING PRESERVE CHICAGO AFFORDABLE HOUSING
July 11, 2018PEMBROOK PROVIDES $35 MILLION FIRST MORTGAGE LOAN FOR RETAIL AND OFFICE PROJECT AT 257-263 WEST 34TH STREET
July 16, 2018OLAMIDE FADAIRO JOINS PEMBROOK CAPITAL MANAGEMENT AS ANALYST
August 06, 2018PEMBROOK CONTINUES SCHOOL CONTRIBUTION PROGRAM WITH DONATION TO COMMUNITY ELEMENTARY SCHOOL IN CHICAGO’S SOUTHWEST SIDE
October 23, 2006Former CharterMac CEO, Stuart Boesky, Founds Real Estate Investment and Asset Management Firm — Leading Financial Services Team Partners with $11+ Billion Mariner Investment Group
December 28, 2006CIBC & Pembrook Capital Finance $93 Million Office Acquisition in Allentown, Pennsylvania
April 13, 2007Pembrook Capital Provides $15 Million in Subordinate Debt toward Redevelopment of Prime Outlets in Orlando
May 23, 2007Pembrook Capital Embarks on Native American Indian Investment Program with Initial $15 Million Bond Purchase
July 10, 2007Pembrook Capital Provides $26 Million in Mezzanine Financing for InterContinental Hotel in Miami
December 14, 2007Two of Affordable Housing Industry’s Most Seasoned Pros Team Again Under New Firms — Pembrook Capital Provides Phoenix Realty with $10.5 Million for Affordable Multifamily in NYC & Virginia
February 04, 2009The Pembrook Group Announces Launch of Pembrook Community Capital
July 10, 2009Pembrook Actively seeking to deploy up to $500 Million
October 19, 2010Pembrook Capital Management Originates $19.9 Million Loan
February 03, 2011Pembrook Capital Management Originates Total $26.6 Million Financing For Three Seperate Commercial Real Estate Assets
December 20, 2011Pembrook to Sell Redeveloped 3-Building Art/Office Complex in Heart of Chelsea for $93 Million
February 02, 2012Pembrook Arranges Financing for a Kansas City Apartment Rehabilitation Project Through Acquisition of $32 Million Tax-Exempt Bond
February 24, 2012Pembrook Finances $8.37 Million Bridge Loan For San Jose Land Parcel Acquisition
May 02, 2012Pembrook Completes Four Separate Real Estate Loan Transactions for a Combined $39.15 Million
August 23, 2012Pembrook Completes $25.5 Million of Real Estate Financing Transactions Across the United States
November 30, 2012Pembrook Closes Multiple Financing Deals Across US
January 16, 2013Pembrook Closes $27M of Financing for Apartment Projects in NYC
April 29, 2013Pembrook Capital Management Announces Final Close for PCI Investors Fund II LLC
July 18, 2013Pembrook Capital Management Closes $5.25 Million Mezz Financing for Universal Lofts in Los Angeles
August 02, 2013Pembrook Capital Management Names Paul D. Mullaney as Managing Director, Underwriting
August 08, 2013Pembrook Capital Management Closes $4.275 Million Seconded Mortage Loan to Fund Acquisition of Nursing Home Facility Portfolio in Illinois
August 27, 2013Pembrook Capital Management Closes $20 Million Bridge Loan for Refinancing of Clarendon Gardens Apartment Complex in Brooklyn
October 21, 2013Pembrook Capital Management Provides $7.5 Million in Preferred Equity Financing For Lincoln Park Multifamily Development in Brooklyn
February 03, 2014Pembrook Capital Management Closes Two Bridge Loans Totaling Nearly $19 Million in Financing
February 06, 2014Pembrook Capital Management Provides $7.25 Million of Preferred Equity for Recapitalization of Mixed-Use Property in Chicago Neighborhood
February 11, 2014Pembrook Capital Management Closes $7.5 Million Preferred Equity Financing to Complete Recapitalization and Redevelopment of San Francisco Office Property
February 18, 2014Pembrook Capital Management Provides $18.577 Million Bridge Loan for Acquisition of Mountain Vista Multifamily Property in Lakewood, Colorado
March 13, 2014Pembrook Capital Management Finances Savanna’s Acquisition of Downtown Brooklyn Development Site
April 14, 2014Pembrook Capital Management Provides $25 Million Acquisition Bridge Loan for 37th Street Hotel Site
June 10, 2014Pembrook Capital Management Provides $22 Million Bridge Loan for Renovation of Two Atlanta Multifamily Complexes
July 10, 2014Pembrook Capital Management Provides $2.75 Million in Preferred Equity to Complete Renovation of Chicago Apartment Building
January 01, 2015Pembrook Capital Management names Terence F. Baydala as Managing Director
May 04, 2015Pembrook Capital Management Closes $6.25 Million Mezzanine Loan for 123-Unit Micro-Apartment Development in Downtown Portland, Oregon
May 18, 2015Pembrook Capital Management Closes $20 Million First Mortgage Loan for Acquisition of 468 Columbus Avenue in New York
May 26, 2015Pembrook Capital Management Closes $5.45 Million First Mortgage Loan for 27 Prince Street Mixed-Use Property in New York
October 20, 2015Pembrook Capital Management Closes $32 Million First Mortgage Loan for The Shrine Collection Student Housing in Los Angeles
November 16, 2015Pembrook Capital Management Provides First Mortgage Bridge Loan and Preferred Equity for Acquisition and Renovation of Madison Oaks Apartment Complex in Tampa, FL
April 25, 2016Pembrook Provides $25.8M Loan for Hudson Yards Area Hotel Development
May 31, 2016Pembrook Finances Preservation of Affordable Housing in Chicago’s Gold Coast Historic District
June 02, 2016Chicago Property to be Preserved Under City’s SRO Ordinance
June 02, 2016Iconic Mark Twain Hotel Converting to Affordable Housing in Chicago’s Gold Coast Historic District
June 03, 2016Mark Twain Hotel to be Preserved as Residences
June 06, 2016Pembrook Capital Management Provides $16.6M Loan for Chicago Apartment Property
June 13, 2016Volatility Draws Reits from Equity Mart
June 21, 2016Mark Twain Hotel to be renovated under SRO preservation ordinance
July 20, 2016Pembrook Capital Management Surpasses $1 Billion in CRE Loan Volume
September 06, 2016Pembrook Capital Management Appoints Lisa Davis as Director With Focus on Investor Relations and Specialty Investment Originations
September 14, 2016Pembrook Provides $20.5M of Financing for Orlando Multifamily
October 05, 2016Saving Mark Twain – New Chicago law rescues landmark SRO hotel
October 06, 2016A sector you can’t afford to ignore
April 06, 2017Unfinished Southern California Project Gets Second Chance