Provide high-quality affordable housing solutions in areas of opportunity that cultivate thriving communities and a higher quality of life.
Pedcor Homes Corporation was established in October 1997. Pedcor Homes is a wholly owned subsidiary of International City Bank (located in Long Beach California) which is a part of Pedcor Bancorp. Pedcor Bancorp and Pedcor Homes are headquartered in Carmel, IN, a suburb of Indianapolis.
Pedcor Homes' principle purpose is managing multifamily and commercial properties for the benefit of Bancorp, in addition to select multifamily properties developed and/or acquired by Pedcor Investments, a part of the Pedcor Group of Companies.
Pedcor develops, constructs and manages commercial buildings and affordable and market-rate apartments throughout the United States. The current Pedcor Homes apartment portfolio consists of 50 properties, totaling over 8,500 units located in IN, IL, TN, FL, NC, SC, and GA. The Facilities Services Division of Pedcor Homes provides management services for Pedcor-partnered buildings in Carmel, IN including over 700,000 square feet in retail, restaurant, office and warehouse space.
Pedcor Management Corporation’s purpose is to provide quality management for multi-family real estate developments. Our communities stretch from coast to coast, including Alabama, Colorado, Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, Minnesota, Nebraska, North Carolina, Ohio, Oregon, Texas and Virginia. We strive to be the number one provider of Affordable Housing. Pedcor Management Corporation is an owner held management company and is accredited through the Institute of Real Estate Management® (IREM), winning multiple awards for property management and community design.
Additionally, P.M.C. is committed to continuing education for our employees. Staying abreast of the latest industry information is of the utmost importance so that our communities are competitive in a fast-paced environment. P.M.C. currently boasts employee certifications and designations from IREM (Certified Property Manager® (CPM) and Accredited Residential Manager® (ARM)), the National Apartment Association (National Apartment Leasing Professional, Certified Apartment Manager), the National Association of Home Builders (Housing Credit Certified Professional), the National Center for Housing Management (Certified Occupancy Specialist) and the Occupational Health and Safety Administration (10-hour Certification).
P.M.C. provides the formulation and implementation of marketing strategies, new product delivery absorption, income and expense projections, personnel selection, training and direction, maintenance and formulation of management systems and procedures. In addition, P.M.C. provides site selection feasibility and unit design input and acts as construction liaison for ownership in the area of quality control and interim operations management.