PCCP

PCCP, LLC is a commercial real estate investment manager that has been providing debt and equity capital in the United States since 1998. It invests across the capital stack, from joint venture equity through senior and mezzanine debt, on behalf of institutional investors.

On the equity side it invests in joint ventures with third-party investors and operators, typically in physical repositioning, rehabilitation and redevelopment, recapitalizing impaired financial structures, discounted purchases of inefficiently marketed or distressed situations, high barrier-to-entry and complex situations, and select development. On the debt side it originates senior and mezzanine loans secured by commercial real estate, funding value-add business plans such as lease-up and stabilization, repositioning, construction, vacant buildings and discounted payoffs or note acquisitions, as well as permanent loans on stabilized property.

PCCP Solutions is a separate advisory business for select institutional investors, acting as an outsourced real estate CFO on portfolio finance, running workout support with banks and counterparties, structuring loans-to-facilitate to enable dispositions, and advising on recapitalizations and disposition strategies. As of June 30, 2025 it reported $3.9 billion in debt raised and $10 billion in capital advisory assets, which it notes are not included in its assets under management.

The firm says it has raised, invested or managed over $48.9 billion of institutional capital, and lists offices in Los Angeles, El Segundo, New York, San Francisco, Atlanta and Seoul. Commitments shown on the site run into the tens of millions per deal, so this is institutional-scale capital rather than a small-balance lender.