TEAM

CORY JOHNSON : Chief Executive Officer

CORY JOHNSON

Chief Executive Officer

CORY JOHNSON

Chief Executive Officer

Cory Johnson serves as Chief Executive Officer of Pender Capital Management, and brings over 18 years of experience in real estate acquisition, development, finance, and asset management.

Mr. Johnson co-founded Pender Capital Management in 2014, and is responsible for the firm’s strategic vision and financial success. The firm is an SEC-registered investment adviser, specialized in U.S. based real estate credit opportunities. Since inception, the firm has funded over $425,000,000 in loans, secured by commercial real property collateral valued at $700,000,0001.

Prior to Pender Capital Management, Mr. Johnson founded several opportunistic real estate funds, which deployed value-add strategies through asset repositioning, while maintaining attractive risk-adjusted returns for investors. In 2012, Mr. Johnson co-founded Latitude Properties, LLC, a vertically integrated real estate investment firm focused on the acquisition, stabilization, and disposition of distressed single-family residences throughout Central and Southern California. In 2008, Mr. Johnson served as Managing Partner and Co-Founder of Paladar Capital Investments, L.P., and Montero Capital, LLC, with each fund specializing in the acquisition and repositioning of distressed single-family residential assets.

From 2006 to 2008, Mr. Johnson served as land acquisition manager for M.D.C. Holdings, Inc., the nation’s 9th largest homebuilder at the time, where he was responsible for acquiring prospective development sites based on suitability requirements.

From 2002 to 2005, Mr. Johnson served as a business development representative for Weyerhaeuser Mortgage Company, a GE Consumer Finance company. During his tenure at GE Consumer Finance, Mr. Johnson’s team originated more than $525 million in residential debt.

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


1. The aforementioned collateral value is based on the value of the property at the time of origination, with funding issued through Pender Capital Asset Based Lending Fund I, L.P., Pender Capital Management’s inaugural fund.

CORY JOHNSON

Chief Executive Officer

ZACH MURPHY : Chief Investment Officer

ZACH MURPHY

Chief Investment Officer

ZACH MURPHY

Chief Investment Officer

Zach Murphy is the Chief Investment Officer at Pender Capital Management, and brings over 18 years of experience in both commercial real estate finance and capital markets.

Mr. Murphy co-founded Pender Capital Management in 2014, and is responsible for the firm’s investment portfolio and strategic growth. The firm is an SEC-registered investment adviser, specialized in U.S. based real estate credit opportunities. Since inception, the firm has funded over $425,000,000 in loans, secured by commercial real property collateral valued at $700,000,0001.

Prior to Pender Capital Management, Mr. Murphy served as Managing Director and Senior Vice Present for Liberty SBF, a commercial real estate finance company, where he was responsible for establishing the presence of the company on the West Coast, along with overseeing and managing originations and operations in the region.

In 2008, Mr. Murphy joined Silver Point Capital, L.P., 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 responsible for more than $300 million in loan originations.

Mr. Murphy earned a bachelor’s degree from the University of Arkansas.


1. The aforementioned collateral value is based on the value of the property at the time of origination, with funding issued through Pender Capital Asset Based Lending Fund I, L.P., Pender Capital Management’s inaugural fund.

ZACH MURPHY

Chief Investment Officer

NEIL BELDOCK : Senior Vice President, Lending

NEIL BELDOCK

Senior Vice President, Lending

NEIL BELDOCK

Senior Vice President, Lending

Neil joined Pender Capital in 2018, and is currently Senior Vice President, Lending. Neil brings nearly 40 years of commercial real estate finance experience, having facilitated transactions totaling over $2.5 billion throughout his career. At Pender, Neil’s responsibilities include the management of all loan lending activities for the firm, from loan submission to funding. Throughout his career, Neil has held various executive and management roles covering loan originations and servicing, loan securitization, and joint venture operations. Neil has held positions at Citigroup, Coast Federal Bank, and Independence Bank of Los Angeles, among others. Neil holds a bachelor’s degree from Long Island University.


NEIL BELDOCK

Senior Vice President, Lending

HANNAH FRANTZ : Senior Vice President, Operations

HANNAH FRANTZ

Senior Vice President, Operations

HANNAH FRANTZ

Senior Vice President, Operations

Hannah joined Pender Capital in 2018, and is currently Senior Vice President, Operations. Hannah brings over 15 years of experience in operations and administration in the real estate and finance industries. Hannah is responsible for managing Pender’s investment-side operations, including transaction management, underwriting, closing, and asset management. Prior to Pender, Hannah has held various roles with Research Affiliates, Howard Hughes Corporation, and Deutsche Bank, among others. Hannah attended the University of Arkansas.


HANNAH FRANTZ

Senior Vice President, Operations

KRISTIN RICK : Senior Vice President, Originations

KRISTIN RICK

Senior Vice President, Originations

KRISTIN RICK

Senior Vice President, Originations

Kristin joined Pender Capital in 2018, and is currently Senior Vice President, Originations. Kristin brings over 14 years of commercial real estate finance, investment, and marketing experience, and is responsible for the firm’s over all business development platform. Prior to joining Pender, Kristin was Vice President of Originations for Farmers & Merchants Bank, and served in various roles at CommerceWest Bank and Strong Capital Management. Kristin holds a bachelor’s degree from the University of Wisconsin-Milwaukee.


KRISTIN RICK

Senior Vice President, Originations

ALEX PETROSIAN : Vice President, Real Estate

ALEX PETROSIAN

Vice President, Real Estate

ALEX PETROSIAN

Vice President, Real Estate

Alex joined Pender Capital in 2018, and is currently Vice President, Real Estate. Alex brings more than 7 years of experience in real estate acquisition, analysis, and structured finance, and is responsible for the firm’s valuations and underwriting teams. Prior to Pender, Alex served as a Senior Associate within Cushman and Wakefield’s Equity, Debt, and Structured Finance department. Alex holds a bachelor’s degree from the California Polytechnic State University ,and is in the process of completing his MBA from the University of Southern California.


ALEX PETROSIAN

Vice President, Real Estate

DANE WALKER : Vice President, Credit

DANE WALKER

Vice President, Credit

DANE WALKER

Vice President, Credit

Dane joined Pender Capital in 2018, and is currently Vice President, Credit. Dane brings more than 6 years of experience in accounting, and is responsible for the firm’s underwriting and credit evaluation. Prior to Pender, Dane was a full-time accountant for an accounting firm. Dane holds a bachelor’s degree from the Louisiana Baptist University and Berklee College of Music.


DANE WALKER

Vice President, Credit

MATT HORWITZ : Vice President, Asset Management

MATT HORWITZ

Vice President, Asset Management

MATT HORWITZ

Vice President, Asset Management

Matt joined Pender Capital in 2020, and is currently Vice President, Asset Management. Matt brings more than 15 years of experience in commercial real estate, finance, and asset management, and oversees the firm’s servicing, special servicing, and asset management divisions. Prior to Pender, Matt served in various management roles with Velocity Commercial Capital for nearly 15 years. Matt holds a bachelor’s degree from the University of California, Los Angeles.


MATT HORWITZ

Vice President, Asset Management