Will Dyer named Senior Vice President of Loan Operations.
LOS ANGELES, May 19, 2025 /PRNewswire/ — Pender Capital (“Pender”), an investment manager specializing in short-term, senior secured commercial bridge loans, today announced the hiring of Andrew Tran as Chief Financial Officer and Will Dyer as Senior Vice President of Loan Operations.
As CFO, Tran will lead accounting, finance, and operational functions. He brings over 30 years of experience in financial services and alternative investment management, with a strong focus on building internal controls, policies, and risk management frameworks.
Before joining Pender, Tran spent nearly 16 years overseeing finance, accounting, and operations at Coast Asset Management as Chief Financial and Chief Operating Officer. His experience includes consulting for American Honda Finance, serving as Controller at HSBC Securities Canada, and working as an Audit Manager at Deloitte.
Tran is a California-licensed Certified Public Accountant with an MBA from the University of Toronto. He will report to Cory Johnson, CEO of Pender Capital.
“Andrew’s extensive experience in financial services and alternative investment management makes him an invaluable addition to the Pender Capital team,” said Johnson. “As we continue to deliver the best commercial real estate credit-based opportunities with short-term commercial bridge loans, his leadership will be crucial to us as we scale responsibly while maintaining our commitment to investors.”
As Senior Vice President of Loan Operations, Dyer will lead all loan processing and servicing for the firm’s lower middle market portfolio, which includes first-lien loans typically ranging from $10 to $30 million.
Prior to Pender, Dyer was a Principal and Chief Investment Officer for Bay Mountain Capital, a private equity firm focused on real estate lending. He has an MBA from the University of Wisconsin Real Estate and Urban Land Economics program and a BA in Economics from the University of Texas at Austin. He will report to Zach Murphy, Chief Investment Officer.
“We’re thrilled to welcome Will to the Pender team,” said Murphy. “His market relationships and finance expertise will help us maintain strong underwriting as we grow our portfolio.”
About Pender Capital
Pender Capital (“Pender”) is a niche investment manager dedicated solely to commercial real estate credit-based opportunities. Pender offers capital solutions to borrowers investing in or owning properties with equity protection while providing investors with attractive risk-adjusted returns. The firm is owned and operated by a team of seasoned commercial real estate professionals with hands-on real estate experience, credit skills, and sophisticated investment banking expertise. Pender has originated approximately $1.40 billion in commercial real estate credit, representing more than $2.26 billion in asset value as of March 31, 2025. Learn more at https://www.pendercapital.com/.
SOURCE Pender Capital Management, LLC
