Pembrook Capital Management

Overview

Pembrook Capital Management is a private equity firm specializing in affordable and workforce housing investments across the United States. The firm focuses on providing financing solutions for transitional properties in primary markets with high barriers to entry, aiming to produce reliable returns for institutional and retail investors. Pembrook's investment strategy emphasizes low-volatility multi-family housing through a portfolio of short- and medium-term loans, supported by entities like Fannie Mae, Freddie Mac, and FHA. The firm employs a proprietary capital structure combining common equity with competitively priced, no-covenant preferred equity, offering flexibility and speed in deal execution. Pembrook has invested nearly $2 billion into affordable and workforce housing nationwide, demonstrating a strong track record in the sector. The firm's investment philosophy aligns with the federal Community Reinvestment Act and applicable UN Sustainable Development Goals, focusing on markets with high barriers to entry and projected job growth. Pembrook's team, led by industry veteran Stuart J. Boesky, has extensive experience in financing both regulated and unregulated multifamily housing, as well as commercial real estate, navigating various economic environments to identify attractive investment opportunities. The firm's commitment to providing reliable and prompt financing solutions has established long-standing relationships with commercial real estate owners, developers, and intermediaries, contributing to its success in the affordable housing sector.

Investment Focus

• Affordable housing projects
• Properties in primary markets with high barriers to entry
• Transitional properties

Portfolio Companies