Pedcor’s multifamily portfolio is managed by two affiliates: Pedcor Management Corporation and Pedcor Homes Corporation. Each specializes in property management, maintenance and all respects of partner compliance. Our on-site teams are comprised of highly professional individuals with accreditations such as the Certified Property Manager (CPM) and Accredited Residential Manager (ARM) certifications. Pedcor Homes Corporation also specializes in commercial property management and acquisition/rehabilitation efforts for existing value-add multifamily opportunities.
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Many of our sites and staff under Pedcor Management Corporation have been honored with awards and acknowledgements. In recognition of these achievements, we have become an Accredited Management Organization® (AMO) through the Institute of Real Estate Management® (IREM).
Kimberly Losacker, CPM
Division President
Kimberly Losacker, CPM, Division President, earned her B.S. in Psychology/Sociology from DePauw University, Greencastle, Indiana in May 1983 and began her career in Property Management as a Leasing Representative in 1985 in Southern California. She joined Pedcor Management Corporation in 1992. Losacker has the CPM (Certified Property Manager) and ARM (Accredited Residential Manager) designations from the Institute of Real Estate Management (I.R.E.M.) and the H.C.C.P. (Housing Credit Certified Professional) from National Association of Homebuilders. She holds multiple certificates in Fair Housing and LIHTC and specialized in subject matter as required by the municipalities and states where Pedcor Management Corporation does business. For the past several years, she has been on the Executive Council of I.R.E.M. Indianapolis Chapter 24 and is a board member of the Indiana Apartment Association.
Margie Williamson, CPM
Division President
Margie Williamson, CPM, Division President, obtained her B.S. from Indiana University in Bloomington, IN. Her career in property management began in 1988 with a new construction lease up in downtown Indianapolis. In 1989 she joined Pedcor Management Corporation as site manager at a Southside property beginning its tax credit lease up. From there she was promoted to Area Manager covering several different regions within the Pedcor portfolio, with a concentration in managing IRC Section 42 Tax Credit units. From Area Manager she was promoted to EVP covering a larger portfolio, and now holds the position of Division President. She received her CPM designation in 1995 and has served on the Executive Council with the Indianapolis chapter of the Institute of Real Estate Management (IREM). In addition, she currently serves on the board with the Apartment Association of Indiana and holds a Broker’s license in both Indiana and Nebraska.
Gerald K. Pedigo
Chairman
Mr. Pedigo has been involved in residential and commercial real estate development since 1958. He attended Butler University and subsequently was employed in the business of single-family construction and sales.
In 1962, Mr. Pedigo began his own firm while constructing approximately 400 custom homes and expanded his business to include commercial and industrial activities. Beginning in 1966, Mr. Pedigo concentrated on the commercial side of the construction business, forming Gerald K. Pedigo Corporation to provide real estate development services; Pedigo Construction Company, Inc. to provide construction services; and Pedigo and Associates to provide management services. His involvement included all facets of the industry including construction, ownership, marketing/leasing and management. He completed over 100 commercial and office buildings from $100,000 to $8,000,000. He was also a partner in several partnerships that owned and developed commercial and residential properties in Indiana, Florida, and Tennessee.
In 1986, as the tax shelter incentives were being revised, Mr. Pedigo sold the majority of his holdings and concentrated on general construction. In 1987, he joined Bruce Cordingley in forming Pedcor Investments to pursue affordable housing development.
Mr. Pedigo is a Director of Fidelity Federal Bancorp (Evansville, Indiana) and United Fidelity Bank. He is Chairman of Pedcor Investments LLC, Pedcor Financial Bancorp and Pedcor Financial, LLC, the holding company for United Fidelity Bank. He is a member of the Murat Shrine in Indianapolis and various trade associations.
Bruce A. Cordingley
President & CEO
Mr. Cordingley has been involved in commercial and residential development and financing since 1971. He graduated in 1968 from Purdue University (BS-Industrial Management) with Distinction and Honors in Economics. In 1971 he graduated from the Harvard Law School with a Juris Doctor degree. He earned a MA in Economics from Indiana University in 2000, a MS in International Finance in 2004 from the University of Maryland and attended a graduate program in Mathematical Finance at Oxford University in 2000 to 2001.
After a two-year affiliation with Bingham Dana & Gould, Boston, Massachusetts, Mr. Cordingley joined Ice Miller Donadio & Ryan, Indianapolis, Indiana, in 1973 as an associate, becoming a partner in the firm’s Real Estate Section in 1980. His legal practice focused on representation of real estate developers in all aspects of the development process (zoning, construction and permanent financing, acquisition, sales, joint ventures, syndications and tax matters).
In 1973, Mr. Cordingley began investing in real estate for his own account through International Enterprises, Inc., which owns and manages apartment communities in Indiana. In 1986, he started the development of the Bridlebourne subdivision in Carmel, Indiana which subsequently became the highest priced residential development in the State of Indiana. In 1987, he joined with Jerry Pedigo in forming Pedcor Investments to develop affordable rental housing. In 1992, Mr. Cordingley formally withdrew from Ice Miller to devote full time his efforts to the development activities of Pedcor Investments.
In addition to President and CEO of Pedcor Investments, Mr. Cordingley is chairman of United Fidelity Bank of Evansville, Indiana. He is President and CEO of Pedcor Financial, LLC, and Pedcor Financial Bancorp, the senior holding companies for United Fidelity Bank. He is also chairman of Fidelity Federal Bancorp and its subsidiaries.
He was a director of Eastside Community Investments, Inc. from 1983 to 1996. Mr. Cordingley was a director of the Indianapolis Economic Development Corporation, a city development corporation, from 1985 to 1988. He was also Commissioner (1983-1986) and President (1984-1986) of the Indianapolis Historic Preservation Commission, a governmental body that regulates historic districts and promotes preservation and a board member of the Riley Area Revitalization Program, a community development corporation from 1982 to 1987.
He is a veteran ending his service from 1968-1976 as a Captain in the US Army.
He is married to Denise, a retired French teacher, and he and Denise have 3 children and 4 grandchildren.
Phillip J. Stoffregen
Executive Vice President & COO
Mr. Stoffregen has been involved in commercial and residential development and financing since 1984. In 1980 he earned a BS in Business Finance and in 1981 an MBA degree in Financial Economics, both from Indiana University, Bloomington, Indiana. In 1984 he graduated magna cum laude from the Indiana University School of Law in Bloomington and joined Ice Miller Donadio and Ryan, Indianapolis, Indiana, as an associate, becoming a partner active in both the Real Estate and Municipal Finance Sections of the firm in 1991. His legal practice focused on taxable/tax-exempt financing and development of single-family/multifamily housing. Mr. Stoffregen served in a bond counsel capacity to the Indiana Housing Finance Authority and other Indiana issuers for various housing related tax-exempt financing programs. He also represented for-profit and not-for-profit multifamily housing developers, lenders and investors, primarily in the area of low-income housing tax credit, financing and development issues.
In 1992, Mr. Stoffregen joined Pedcor Investments, LLC as a partner where he spends most of his time on apartment development, construction and financing activities. Pedcor and its affiliates have developed in excess of 30,000 apartments since 1986, most of which participate in the low-income housing tax credit program. He is currently Executive Vice President and COO of Pedcor Investments, LLC and Executive Vice President for most of the Pedcor upper-tier companies.
Mr. Stoffregen is a Director/Member of the Executive Committee/Executive Vice President of Fidelity Federal Bancorp which is the immediate holding company for United Fidelity Bank, Evansville, Indiana and he is also a Director/Executive Vice President of Pedcor Financial, LLC, which is the top-tier bank holding company for United Fidelity Bank, all of which are owned and controlled by Mr. Stoffregen and his partners in Pedcor.
In 2015, acting as Pedcor’s representative, Mr. Stoffregen joined the Board of Directors for the Affordable Housing Tax Credit Coalition (AHTCC), a national trade organization for affordable rental housing that seeks to preserve, expand and improve the Housing Credit and complementary programs through legislative outreach and education (member of Executive Committee 2021 to present). Mr. Stoffregen served with the Urban Land Institute (ULI), a nationally recognized organization in the fields of development, land use and urban planning, where he was a member of the Affordable/Workforce Housing Council (2012 to 2019). Mr. Stoffregen also served as a director of the Martin Luther King Community Development Corporation (1991 to 2000), and as a founding member of the board of directors for Coburn Place Safehaven, Inc., an Indianapolis not-for-profit operating transitional housing for victims of domestic violence (1996 to 2012), serving stints as Board Chairman for both groups.
Pedcor Homes Corporation (PHC) is a wholly-owned subsidiary of United Fidelity Bank, fsb, formed to develop, finance, and construct affordable housing. PHC also develops and constructs new market rate apartment units and affordable acquisition/rehabilitation projects throughout the United States.
Gerald K. Pedigo
Chairman
Mr. Pedigo has been involved in residential and commercial real estate development since 1958. He attended Butler University and subsequently was employed in the business of single-family construction and sales.
In 1962, Mr. Pedigo began his own firm while constructing approximately 400 custom homes and expanded his business to include commercial and industrial activities. Beginning in 1966, Mr. Pedigo concentrated on the commercial side of the construction business, forming Gerald K. Pedigo Corporation to provide real estate development services; Pedigo Construction Company, Inc. to provide construction services; and Pedigo and Associates to provide management services. His involvement included all facets of the industry including construction, ownership, marketing/leasing and management. He completed over 100 commercial and office buildings from $100,000 to $8,000,000. He was also a partner in several partnerships that owned and developed commercial and residential properties in Indiana, Florida, and Tennessee.
In 1986, as the tax shelter incentives were being revised, Mr. Pedigo sold the majority of his holdings and concentrated on general construction. In 1987, he joined Bruce Cordingley in forming Pedcor Investments to pursue affordable housing development.
Mr. Pedigo is a Director of Fidelity Federal Bancorp (Evansville, Indiana) and United Fidelity Bank. He is Chairman of Pedcor Investments LLC, Pedcor Financial Bancorp and Pedcor Financial, LLC, the holding company for United Fidelity Bank. He is a member of the Murat Shrine in Indianapolis and various trade associations.
Bruce A. Cordingley
President & CEO
Mr. Cordingley has been involved in commercial and residential development and financing since 1971. He graduated in 1968 from Purdue University (BS-Industrial Management) with Distinction and Honors in Economics. In 1971 he graduated from the Harvard Law School with a Juris Doctor degree. He earned a MA in Economics from Indiana University in 2000, a MS in International Finance in 2004 from the University of Maryland and attended a graduate program in Mathematical Finance at Oxford University in 2000 to 2001.
After a two-year affiliation with Bingham Dana & Gould, Boston, Massachusetts, Mr. Cordingley joined Ice Miller Donadio & Ryan, Indianapolis, Indiana, in 1973 as an associate, becoming a partner in the firm’s Real Estate Section in 1980. His legal practice focused on representation of real estate developers in all aspects of the development process (zoning, construction and permanent financing, acquisition, sales, joint ventures, syndications and tax matters).
In 1973, Mr. Cordingley began investing in real estate for his own account through International Enterprises, Inc., which owns and manages apartment communities in Indiana. In 1986, he started the development of the Bridlebourne subdivision in Carmel, Indiana which subsequently became the highest priced residential development in the State of Indiana. In 1987, he joined with Jerry Pedigo in forming Pedcor Investments to develop affordable rental housing. In 1992, Mr. Cordingley formally withdrew from Ice Miller to devote full time his efforts to the development activities of Pedcor Investments.
In addition to President and CEO of Pedcor Investments, Mr. Cordingley is chairman of United Fidelity Bank of Evansville, Indiana. He is President and CEO of Pedcor Financial, LLC, and Pedcor Financial Bancorp, the senior holding companies for United Fidelity Bank. He is also chairman of Fidelity Federal Bancorp and its subsidiaries.
He was a director of Eastside Community Investments, Inc. from 1983 to 1996. Mr. Cordingley was a director of the Indianapolis Economic Development Corporation, a city development corporation, from 1985 to 1988. He was also Commissioner (1983-1986) and President (1984-1986) of the Indianapolis Historic Preservation Commission, a governmental body that regulates historic districts and promotes preservation and a board member of the Riley Area Revitalization Program, a community development corporation from 1982 to 1987.
He is a veteran ending his service from 1968-1976 as a Captain in the US Army.
He is married to Denise, a retired French teacher, and he and Denise have 3 children and 4 grandchildren.
Phillip J. Stoffregen
Executive Vice President & COO
Mr. Stoffregen has been involved in commercial and residential development and financing since 1984. In 1980 he earned a BS in Business Finance and in 1981 an MBA degree in Financial Economics, both from Indiana University, Bloomington, Indiana. In 1984 he graduated magna cum laude from the Indiana University School of Law in Bloomington and joined Ice Miller Donadio and Ryan, Indianapolis, Indiana, as an associate, becoming a partner active in both the Real Estate and Municipal Finance Sections of the firm in 1991. His legal practice focused on taxable/tax-exempt financing and development of single-family/multifamily housing. Mr. Stoffregen served in a bond counsel capacity to the Indiana Housing Finance Authority and other Indiana issuers for various housing related tax-exempt financing programs. He also represented for-profit and not-for-profit multifamily housing developers, lenders and investors, primarily in the area of low-income housing tax credit, financing and development issues.
In 1992, Mr. Stoffregen joined Pedcor Investments, LLC as a partner where he spends most of his time on apartment development, construction and financing activities. Pedcor and its affiliates have developed in excess of 30,000 apartments since 1986, most of which participate in the low-income housing tax credit program. He is currently Executive Vice President and COO of Pedcor Investments, LLC and Executive Vice President for most of the Pedcor upper-tier companies.
Mr. Stoffregen is a Director/Member of the Executive Committee/Executive Vice President of Fidelity Federal Bancorp which is the immediate holding company for United Fidelity Bank, Evansville, Indiana and he is also a Director/Executive Vice President of Pedcor Financial, LLC, which is the top-tier bank holding company for United Fidelity Bank, all of which are owned and controlled by Mr. Stoffregen and his partners in Pedcor.
In 2015, acting as Pedcor’s representative, Mr. Stoffregen joined the Board of Directors for the Affordable Housing Tax Credit Coalition (AHTCC), a national trade organization for affordable rental housing that seeks to preserve, expand and improve the Housing Credit and complementary programs through legislative outreach and education (member of Executive Committee 2021 to present). Mr. Stoffregen served with the Urban Land Institute (ULI), a nationally recognized organization in the fields of development, land use and urban planning, where he was a member of the Affordable/Workforce Housing Council (2012 to 2019). Mr. Stoffregen also served as a director of the Martin Luther King Community Development Corporation (1991 to 2000), and as a founding member of the board of directors for Coburn Place Safehaven, Inc., an Indianapolis not-for-profit operating transitional housing for victims of domestic violence (1996 to 2012), serving stints as Board Chairman for both groups.
Rick McCool
Executive Vice President & COO
Mr. McCool’s background consists of over forty years of experience in the management, acquisition, disposition, development and construction of a variety of properties, primarily in the multi-family sector along with commercial. In August of 1999, Mr. McCool joined Pedcor Companies as its Asset Manager with the responsibility of acquisition/rehabilitate and management of apartments primarily in the Southern California area. In 2001, Pedcor Homes Corporation was created to manage Multi Housing Family Properties. Since 2001, Pedcor Homes has grown to over 3,900 units, both conventional and tax credit properties, in 4 states with a value of assets in excess of $300,000,000. In 2006, Mr. McCool created a Facility Management division that oversees all of Pedcor’s Commercial Properties in Carmel, Indiana which includes the corporate campus of Pedcor Companies, Old Town Shops, Indiana Design Center along with Carmel City Center. He received his BS degree in Business Administration and a minor in Management from the University of Arizona in 1981. He received his CPM (Certified Property Manager) designation in 1987 and National Compliance Professional Executive in 2001. He is a licensed real estate broker and a member of Metropolitan Indianapolis Board of Realtors. Mr. McCool is also a capital board member for the Residential Property Management Program at Ball State University and previously served on the board of the Apartment Association of Indiana.Pedcor for the People
|Coburn Place
The need for safe and affordable housing is one of the most vital and immediate concerns for survivors of violence and abuse.
It’s why we have been a long-time partner with Coburn Place Safe Haven, an Indianapolis organization driven to empower victims of interpersonal abuse to live as survivors. Pedcor partnered with the City of Indianapolis, Martin Luther King Jr. Community Development Corporation, HUD and others to make Coburn Place a reality at the behest of Mayor Goldsmith to address domestic violence. Our construction and property management teams provided Coburn Place with a rehabilitated facility and a sustainable model to provide stable housing for survivors. Ever since, we have worked with the organization as one of their community partners, giving these survivors yet another opportunity to seek a stable home beyond Coburn in our apartment complexes while they are on their own unique journey to immediate and long-term safety, to emotional and social well-being, to self-sufficiency, and to permanent housing.