Company
PB Capital Corporation is the main operating unit of PB (USA) Holdings, Inc., which Deutsche Postbank AG acquired as a 100% subsidiary in September 2001. It is headquartered in New York. PB Capital”s stockholder equity is USD 383 million. The Company currently has 70 employees. Its main areas of activity are Commercial Real Estate Lending and Construction Finance, as well as Credit and Municipal Bond Investments. PB Capital is managed by Kurt Sachs and Jens Kaessner. Further operating units of PB (USA) Holdings are PB Finance (Delaware) Inc. and PB (USA) Realty Corp. in New York.
Philosophy
The company continues to expand it’s business in Real Estate Lending and Construction Finance in large U.S. cities. PB Capital works with high-profile real estate investors and offers complete financing solutions for larger projects. On the corporate lending side, PB Capital is focused on building a large, liquid and diversified portfolio of loans, bonds, credit derivatives, structured credit products and other debt products. PB Capital has an experienced management team familiar with U.S. and German business customs.
Activity
PB Capital strives to reach a balanced mix of real estate loans and corporate debt as well as muni bond investments. The expansion in Real Estate Lending is driven by larger, quality residential and office projects. The main markets are 24/7 cities such as New York, Washington, Los Angeles, Chicago and others. In corporate lending, PB Capital invests in loans, credit derivatives and bonds.
Products
Tender Option Bonds (Municipal Bond Product)
Real Estate Loans and Construction Finance
Structured Credit Products
Syndicated Loans, Credit Derivatives, Bonds and other debt products
