#None #Pender Capital #Andrew Tran #Will Dyer

Pender Capital Expands Leadership Team

Pender Capital, a prominent investment manager focused on short-term, senior secured commercial bridge loans, has recently announced significant additions to its executive leadership team. This strategic move includes the hiring of Andrew Tran as Chief Financial Officer (CFO) and Will Dyer as Senior Vice President of Loan Operations. These appointments are a crucial part of Pender's ongoing commitment to strengthening its operational capabilities and enhancing its investment strategies.

Andrew Tran Joins as CFO

In his role, Andrew Tran will oversee various essential operations, including accounting and finance functions. With an impressive background totaling over 30 years in financial services and alternative investment management, Tran is well-equipped to lead Pender's financial strategy. His previous experience includes a notable tenure at Coast Asset Management, where he served as both CFO and COO, honing his skills in finance, accounting, and operational management.

Before his successful stint at Coast Asset Management, Tran made significant contributions while consulting for American Honda Finance and served as Controller at HSBC Securities Canada. Additionally, he strengthened his expertise as an Audit Manager at Deloitte, giving him a unique perspective in financial oversight and risk management practices. Tran is a California-licensed Certified Public Accountant and holds an MBA from the University of Toronto.

Pender Capital's CEO, Cory Johnson, expressed his enthusiasm for Tran's appointment, stating, _“Andrew's extensive experience in financial services and alternative investment management makes him an invaluable addition to the Pender Capital team.”_ Johnson emphasized the importance of Tran's leadership as the firm continues to scale its operations and provide innovative credit-based opportunities in commercial real estate.

Will Dyer Takes Charge of Loan Operations

Complementing Tran's expertise, Will Dyer joins as Senior Vice President of Loan Operations. Dyer's primary responsibility will be to manage all loan processing and servicing within Pender's lower middle market portfolio, which comprises first-lien loans typically ranging from $10 million to $30 million. His previous role as Principal and Chief Investment Officer at Bay Mountain Capital—a private equity firm specializing in real estate lending—gives him a solid foundation in real estate financing.

Dyer is an alumnus of the University of Wisconsin, where he earned an MBA focused on Real Estate and Urban Land Economics, along with a Bachelor’s degree in Economics from the University of Texas at Austin. He will report directly to Zach Murphy, the Chief Investment Officer at Pender.

Murphy shared his excitement about Dyer joining the team, highlighting that _“His market relationships and finance expertise will help us maintain strong underwriting as we grow our portfolio.”_

Pender Capital's Vision and Objectives

Pender Capital is dedicated to harnessing niche investment opportunities, primarily within the realm of commercial real estate credit. The firm prides itself on offering innovative capital solutions that effectively balance equity protection for borrowers while simultaneously delivering attractive risk-adjusted returns for investors. As of March 31, 2025, Pender Capital has successfully originated approximately $1.40 billion in commercial real estate credit, representing over $2.26 billion in asset value.

The strategic appointments of Tran and Dyer signal Pender Capital's intent to further solidify its standing in the investment management landscape and ensure it is well-prepared to navigate the complexities of real estate financing. With their extensive expertise and strategic oversight, the new leadership team is set to enhance the firm’s operational efficacy and investor confidence as they explore profitable avenues in commercial real estate lending.

For further insights about Pender Capital's services and investment approach, visit Pender Capital's website.