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Stuart J. Boesky, founder and CEO of Pembrook Capital Management Stuart J. Boesky, founder and CEO of Pembrook Capital Management

NEW YORK CITY—Prana Investments received $50 million of preferred equity investment from Pembrook Capital Management. The financing will allow Prana to continue to acquire additional workforce housing in Los Angeles and in New York City. Founded in 1982, Prana invests in rent-regulated multifamily assets in both of those cities, as well as in San Francisco, where the company is based.

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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