PENDER CAPITAL

Pender Capital is owned and operated by a team of seasoned commercial real estate professionals who have a combined 72 years of hands-on real estate experience, credit skills, and sophisticated investment banking expertise.

  • Direct Investment Background: More than $3.5 billion in CRE and investment banking transactions
  • Proven Track Record: This is the fourth investment vehicle founded and operated by management
  • Real Estate Proficiency: Managers have personally repositioned more than $100 million of distressed real estate assets and independently own over 400 income-producing units

MANAGEMENT

CORY JOHNSON : Co-Founder <br/> Chief Executive Officer

CORY JOHNSON

Co-Founder
Chief Executive Officer

CORY JOHNSON

Co-Founder / Chief Executive Officer

Cory Johnson is the Chief Executive Officer of Pender Capital with more than 16 years of experience in real estate acquisition, development, finance, and asset management.

He is responsible for the firm’s overall financial strategy. He has founded three successful real estate funds which employed value-add strategies through asset repositioning, while maintaining attractive risk adjusted returns to investors.

In 2012, Johnson co-founded Latitude Properties LLC, a vertically integrated real estate investment firm focused on the acquisition, rehabilitation, asset management, leasing, and disposition of distressed single-family residences throughout central and southern California. Mr. Johnson oversaw the successful acquisition and stabilization of Latitude’s portfolio.

In 2008, recognizing an opportunity to reposition assets in the Greater Los Angeles residential market, Johnson co-founded and was managing partner of Paladar Capital Investments, LP and Montero Capital LLC, two funds specializing in the acquisition and repositioning of distressed single family residential assets.

In 2006, Johnson served as land acquisition manager for MDC Holdings Inc. and was responsible for acquiring suitable development sites for the nation’s 9th largest homebuilder. From 2002 to 2005 he served as a business development representative for Weyerhaeuser Mortgage Company, a GE Consumer Finance company. During his tenure at GE Consumer Finance, Johnson’s team originated more than $525 million in residential debt.

Johnson earned a bachelor’s degree in economics from the University of California, Santa Barbara.


CORY JOHNSON

Co-Founder
Chief Executive Officer

ZACH MURPHY : Co-Founder <br/> Chief Investment Officer

ZACH MURPHY

Co-Founder
Chief Investment Officer

ZACH MURPHY

Co-Founder / Chief Investment Officer

Mr. Murphy is Chief Investment Officer at Pender Capital. He brings over 16 years of experience in both commercial real estate finance and capital markets.

Prior to joining Pender, Mr. Murphy served as Managing Director/ Senior Vice President for Liberty SBF, a commercial finance company based in Philadelphia, where he was responsible for establishing Liberty’s Western Regional HQ in Los Angeles and directed West Coast originations and operations. Mr. Murphy personally originated over $60 million of commercial loans during the first year of operations on the West Coast.

IIn 2008, Mr. Murphy joined Silver Point Capital, LP in New York, a Goldman Sachs partner fund, where he was responsible for commercial real estate loan originations and insurance-linked securities trading. During his tenure at Silver Point, Mr. Murphy traded more than $500 million in distressed commercial real estate debt, insurance-linked securities, and assets in the capital markets.

From 2004 to 2008, Mr. Murphy served as Senior Vice President/Division Director of Velocity Commercial Capital. During his tenure at Velocity, Mr. Murphy was the company’s highest grossing originator in each consecutive year, responsible for more than $300 million in originations.

Mr. Murphy holds a BA from the University of Arkansas.


ZACH MURPHY

Co-Founder
Chief Investment Officer