Pembrook Capital Sets Its Sights Outside NYC

NEW YORK CITY-Pembrook Capital Management, LLC, an investment firm that originates commercial real estate debt to finance multifamily, office, retail and industrial properties in high-barrier-to-entry urban markets, has completed several new deals outside of its traditional New York City radius. The company has provided a total of $25.5 million in financing for four new properties in Florida, Ohio, Maryland and California, which Pembrook CEO Stuart Boesky tells GlobeSt.com is a demonstration of the company’s flexibility and investment diversity across the country.

“Roughly half of our portfolio is in New York, but we are obviously lending nationally,” he says, noting that since Pembrook’s origination in 2006, the firm has originated and acquired 44 investments with a total value of approximately $495 million—and is growing.