Pembrook Realty Capital, a comercially-focused real estate investment trust, whose target assets include mortgage-backed securities and real estate debt, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The New York, NY-based company, which was founded in 2006 and booked $13 million in revenues for the 12 months ended March 31, 2011, plans to list on the New York Stock Exchange under the symbol PRC. Deutsche Bank is the lead underwriter on the deal. Terms of the IPO are yet to be announced.
