Pender Real — Estate

: Managed by Pender Capital Management, LLC, and structured as an interval fund (Rule 23c-3) aiming to operate as a REIT. Shares : Offers Class A and Class I shares. Investor Information

The is a publicly offered, SEC-registered closed-end interval fund that focuses on generating current income through credit investments secured by commercial real estate. Fund Overview & Objectives pender real estate

: Generally $1,000 for initial and additional investments. : Managed by Pender Capital Management, LLC, and

: Targets the U.S. lower middle market, utilizing senior position collateral, with options for mezzanine and preferred equity investments. Key Investment Details Fund Overview & Objectives : Generally $1,000 for

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: Focuses on generating current income and preserving capital, primarily through short-term bridge loans on transitional commercial real estate.