Pender Capital has originated, analyzed, closed, and serviced loans in 24 states across a broad range of commercial real estate property types.
Lending Parameters
Pender Capital’s funding division focuses on providing lending solutions to commercial real estate borrowers in a market that has become capital constrained. Our boutique firm size and institutionalized underwriting allows us to turn loans around quickly for our clients.
Acquisition Criteria
Loan Size Target
$1,000,000 – $15,000,000
LTV
Up to 75% LTV*
Lien Position
First Position Lien on Primary Collateral
Term
Generally 12-month Loan Terms with Optional Extensions
Geographic Focus
Nationwide**
Eligible Property Types
All Commercial Property Types and Residential Multifamily***
*On a case-by-case basis
**On a case-by-case basis in select states
***No land or development