Pedcor Companies
Pedcor Companies
Industry
About Pedcor Companies
Pedcor Companies is a comprehensive real estate firm specializing in the development, construction, property management, and financing of both affordable and market-rate housing communities across the United States.
Established in 1987 by Gerald Pedigo and Bruce Cordingley, the company has been instrumental in creating stable, inclusive, and quality rental housing. Its portfolio exceeds 25,000 apartment units across 21 states.
Locations
Pedcor's housing communities span multiple states including:
- Indiana, Ohio, Michigan, California, Illinois, Kentucky, Missouri
- Nebraska, Tennessee, Alabama, Virginia, Iowa, Minnesota
- North Carolina, South Carolina, Colorado, Texas, Oregon, Florida
Additionally, Pedcor operates offices in:
- Carmel, IN, USA
- Goodlettsville, TN, USA
Vertically Integrated Services
Pedcor maintains a vertically integrated approach encompassing several key services designed to support its housing projects.
- Development: Through subsidiaries like Pedcor Investments, Village Capital Corporation (VCC), Pedcor Housing Corporation (PHC), and Pedcor Community Development Corporation (PCDC), the company pioneers affordable housing projects, including Indiana's first affordable rental housing community. These entities focus on financing, developing, constructing, and rehabilitating both affordable and market-rate apartment units nationwide.
- Construction: Signature Construction, LLC provides in-house construction services. This team of architects, civil engineers, and construction professionals ensures communities are designed and built with durability and energy efficiency, incorporating resident-focused amenities.
- Property Management: Operating under Pedcor Management Corporation and Pedcor Homes Corporation, these teams prioritize high standards of maintenance and resident services, fostering thriving, long-term communities.
- Banking and Finance: United Fidelity Bank, fsb, a Pedcor affiliate, collaborates to create financial tools that facilitate affordable housing development and support traditional community banking activities.
Mixed-Use Community Development
Beyond residential projects, Pedcor has significantly contributed to mixed-use developments, particularly in Carmel, Indiana. Key projects include:
- Carmel City Center: A vibrant hub with retail spaces, restaurants, and entertainment venues, enhancing cultural and social life.
- The Residences at Carmel City Center: Modern, open-concept apartments situated atop Carmel City Center, fostering a dynamic community atmosphere.
- Carmel Old Town Shops: Specialty shops, art galleries, and office suites that provide unique charm and appeal to the area.
- Indiana Design Center: A resource for design professionals and homeowners offering showrooms and expert services for residential and commercial interiors.
Pedcor's dedication to quality and community development is reflected through its diverse portfolio and ongoing projects. The company continues to enhance living standards and economic vitality in the regions it serves.