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.