Randy Plavajka

The Los Angeles lender is making a bet on Class A New York office space, alongside co-living and student housing assets.

New chief executive eyes more $50m-plus and multi-property deals.

Rent compromises, amenities are keeping occupancy afloat with room for mezz opportunities.

Players across the capital stack are building more barriers in deals to counter expense risk.

CEO Brian Good cites multifamily and industrial for competitive opportunities to fill bank gaps.

More liquidity is entering markets while office and retail lose luster.

Pembrook is keeping its focus on apartments, while also considering opportunities in industrial properties and boosting its construction lending.