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Pembrook Donates to SW Side School as Part of Outreach Program
Pembrook Capital Management LLC has donated to Louis Pasteur Elementary School, a community elementary school dedicated to maximizing the potential of children in low-income communities on Chicago’s Southwest Side.
Part of Pembrook’s program of donating to public schools in neighborhoods where it does business, the donation to Louis Pasteur is matched to the investment manager’s recently closed $20.3-million first mortgage loan for Icarus Investment Group’s acquisition and renovation of a 23-building portfolio in the area. The portfolio, formerly owned by Cano Properties, consists of 23 Naturally Occurring Affordable Rental Housing (NOAH) properties with 325 residential units.
“Pembrook is honored to give back to the communities we work in, and especially proud to support local education,” said company founder Stuart J. Boesky. “We are determined in continuing to support schools in the communities we invest in, as we believe education is the foundation for long-term success.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Economy
- ◦Financing

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