Assets Under Management
Years Average Real Estate Experience
What We Do
We identify, acquire, manage and preserve affordable housing in the United States
We manage closed-end funds on behalf of institutional investors seeking to invest in the preservation of affordable rental housing
We invest in true affordable housing that meets the rigorous standard of public welfare investments as defined under the National Bank Act
The PEF Difference
Vision Backed by
Providing affordable housing for families, senior citizens, veterans and individuals who truly need it most.
Results Built on
Building meaningful outcomes with a positive social impact, beyond just returns, as a comprehensive gauge of performance.
Strategy Driven by
Leveraging proprietary analytics to identify markets with favorable economic and real estate fundamentals.
Legacy Fueled by
Supported by 50+ years of distinct connections in affordable housing through our affiliated companies.
In too many communities across the nation, Americans are struggling to afford a place to live. An estimated 20 million renter households—including working families, seniors, and veterans—spend over 30% of their income on rent. Half of these households spend more than 50% of their income on rent.
Source: Pew Research Center, Key facts about housing affordability in the U.S., 23 March 2022