News & Insights
Preservation Equity Fund Advisors Completes Full Realization of Fund I
IRVINE, Calif. – April 7th, 2026 – Preservation Equity Fund Advisors (“PEF Advisors”) today announced the successful recapitalization of Dover Woods, the final asset in WNC California Preservation Equity Fund, L.P. (“Fund I” or the “Fund”), marking the completion of the Fund’s full investment lifecycle and positioning the Fund for dissolution. Dover Woods, a 200-unit […]
PEF Advisors Acquires Pine Berry Senior Apartments in Clearwater, Fla.
The 85-unit property preserves affordable housing for seniors in the Tampa-St. Petersburg-Clearwater, Fla. MSA Clearwater, Fla. – March 12, 2026 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent acquisition of Pine Berry Senior Apartments, an 85-unit apartment […]
Ms. Philis oversees investor relations and capital raising efforts at PEF Advisors. She has over 20 years of experience in investor relations and real estate capital markets, including debt and equity. Prior to joining PEF Advisors, she participated in over $3 billion of capital raised for projects including comingled funds, programmatic joint ventures and individual […]
Mr. Medeiros is responsible for sourcing and closing PEF acquisitions. Prior to joining WNC in 2021, he worked at a national senior housing organization where he served as a director of business development focused on ground up development. Prior to that, Mr. Medeiros spent five years with the affordable housing group of a national real […]
Mr. Drexl is responsible for PEF Advisors’ fund management services including capital call requests, distributions, quarterly reporting, investor reporting, compliance audits, financial statement audits and tax returns. He has eight years of affordable housing experience, specializing in accounting and fund management. Prior to joining PEF Advisors in 2022, Drexl served as the director of fund accounting […]
IRVINE, Calif., Oct. 02, 2025 — Preservation Equity Fund Advisors (PEF Advisors) announced the final close of its latest affordable housing fund, Preservation Equity Fund 3, L.P. At $156 million, this fund is the third in a series of closed-end funds sponsored by PEF Advisors targeting the preservation of affordable housing in high-rent, high-growth markets across the U.S. […]
PEF Advisors Sells Rancho Cordova Apartments in Rancho Cordova, California
The 95-unit apartment complex preserves affordable housing for families in Sacramento County Rancho Cordova, Calif. – August 22, 2025 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent sale of Rancho Cordova Apartments, a 95-unit apartment community located […]
PEF Advisors Acquires Tammy Brook Apartments in Weymouth, MA
The 90-unit property preserves affordable housing south of Boston WEYMOUTH, MA. – November 14, 2024 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent acquisition of Tammy Brook Apartments, a 90-unit apartment community in Weymouth, MA, a suburb […]
PEF Advisors Sells Mill Creek in San Bernardino, California
The 160-unit development preserves affordable housing for families in San Bernardino County San Bernardino, CA – September 11, 2024 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent sale of Mill Creek Apartments, a 160-unit apartment community located […]
PEF Advisors Sells Lexington Green in El Cajon, CA
The 144-unit development preserves affordable housing for families in San Diego County El Cajon, CA – August 28, 2024 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent sale of Lexington Green, a 144-unit apartment community located in […]