Our experience
PCCP is an established investment manager for its global investors with offices in New York, San Francisco, Atlanta, and Los Angeles. We invest across the capital stack, from joint venture equity to senior and mezzanine debt, while seeking to identify the best risk-adjusted returns for our investors.
$
29.3
bn
Assets Under Management
1360
Total investments
$
47.8
bn
Raised, invested or managed of institutional capital
28
Years in Business
Assets under management and investments are presented as of December 31, 2025.
Equity Investing
PCCP invests equity capital in joint ventures with third party real estate investors and operators. Investment opportunities typically pursued include physical repositioning, rehabilitation and redevelopment, recapitalizing impaired financial structures, discounted purchases of inefficiently marketed or distressed situations, high barrier-to-entry, complex situations, and select development opportunities.
Debt Financing
PCCP originates senior and mezzanine loans secured by commercial real estate. PCCP loans fund value-add business plans, including loans to lease-up and stabilize assets, loans on properties that are being repositioned in the market, construction loans, loans on vacant buildings, and loans for discounted payoff and discounted note acquisitions. We also originate permanent loans on stabilized properties.
Advisory Services
PCCP works with select institutional investors in an advisory capacity on portfolio finance and asset management of strategic or distressed portfolios and individual assets. As an advisor on portfolio finance, PCCP’s role is similar to that of a real estate CFO to optimize from the top-down how a portfolio is financed to best suit the client’s short and long-term objectives and to assist with the implementation of the strategy. We believe PCCP’s expertise can complement an investor’s existing strategic investment advisory partners. In the capacity of an asset advisor, PCCP relies on its integrated debt and equity investment team to advise clients on strategic or distressed assets including asset financing.
Featured transactions
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Press & Recognition
A chronological view of major press moments — awards, interviews, and editorial coverage. Built for IR conversations and pitch-deck links.
February 2026
AwardPERE2026
Award
PERE
Construction Lender of the Year
"PCCP's debt strategy stood out for disciplined underwriting in a year that saw many lenders retreat from construction risk."
Read full coverage →January 2026
Award · 5 yearsP&I2026
Award
Pensions & Investments
Best Places to Work in Money Management — 5th consecutive year
"Five years running speaks to a culture institutional investors want their managers to have."
Read full coverage →December 2025
InterviewIREI2025
Interview
IREI
Bryan Thornton on the construction-debt outlook
"Construction lending is a relationship business — sponsors don't have time for surprises mid-build."
Watch interview →November 2025
PodcastCrossman2025
Podcast
The Crossman Conversation
Brian Heafey on real estate credit through cycles
"Discipline is what compounds. Returns are what people remember."
Listen to episode →September 2025
InterviewPREA2025
Interview
PREA Quarterly
Brian Heafey on portfolio construction
"We build portfolios the way our LPs would build them — assuming we have to defend every line item."
Read interview →July 2024
RecognitionP&I2024
Award
Pensions & Investments
Best Places to Work — 4th consecutive year
"Top-quartile retention in an industry where talent moves every 24 months."
Read announcement →June 2023
AwardPERE2023
Award
PERE
Industry Figure of the Year — Brian Heafey
"A measured operator with a long memory — exactly the profile this market rewards."
Read full coverage →
