LOS ANGELES, Sept. 12, 2017 /PRNewswire/ -- Pender Capital, a leading national provider of short-term, senior secured commercial bridge loans, announced today that Pender Capital Asset Based Lending Fund I, LP has ranked among the top 10 in BarclayHedge's Fixed Income - Asset-Backed Loan category* from March through July 2017.
"As a nationwide provider of short-term, senior secured commercial bridge financing loans to commercial real estate investment managers, we are proud to have our fund recognized for performance by BarclayHedge for the fifth consecutive month," said Cory Johnson, co-founder and managing director of Pender Capital.
The Pender Capital Asset Based Lending Fund I, LP is designed to provide a risk-adjusted, steady current income, diversified commercial loan portfolio for investors seeking safety, security and reliable cash flow. The fund is a direct commercial bridge lending company with an emphasis on originating and servicing short-term commercial real estate loans secured by first lien positions of the underlying real estate as collateral.
BarclayHedge is an alternative investment database that offers performance rankings each month on 47 hedge fund categories, including fund of funds. For additional information, visit www.barclayhedge.com.
*Funds with assets greater than $10 million as of month-end July 2017 are included in the category.
About Pender Capital
Pender Capital is a leading nationwide provider of short-term, senior secured commercial bridge financing loans to commercial real estate investment managers. The company's investment philosophy is simple: offer capital solutions to borrowers investing in or owning properties with equity protection, while providing investors risk-adjusted returns. Pender Capital is owned and operated by a team of seasoned commercial real estate professionals who have a combined 72 years cultivating relationships within the sector and $3.5 billion of direct investment experience. The company's senior management team has personally repositioned more than $100 million of distressed real estate assets and independently own in excess of 400 income-producing units. For more information, visit www.pendercapital.com.
Contact:
Jill Swartz
Spotlight Marketing Communications
(949) 427-5172, ext. 701
[email protected]
SOURCE Pender Capital
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