# EDGAR Filing Document

**Accession Number:** 0001929777
**File Stem:** 0001213900-23-019598
**Filing Date:** 2023-3
**Character Count:** 2428
**Document Hash:** 616a5901314f73d3cb7fbdd608c5457d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-019598.hdr.sgml**: 20230411

**ACCESSION NUMBER**: 0001213900-23-019598

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230313

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pender Real Estate Credit Fund
- **CENTRAL INDEX KEY:** 0001929777
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.,
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MLWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 4142992200

**MAIL ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.,
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MLWAUKEE
- **STATE:** WI
- **ZIP:** 53212

Faegre Drinker Biddle & Reath LLP

One Logan Square, Suite 2000

Philadelphia, Pennsylvania 19103

www.faegredrinker.com

March 13, 2023

*Via EDGAR Transmission*

 

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Attention: Karen Rossotto

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| | |
|:---|:---|
| **Re:** | **Pender Real Estate Credit Fund (the "Fund" or "Registrant")**<br> File Nos.: 333-265070; 811-23806** |

---

Dear Ms. Rossotto:

The following responds to the additional comment provided via telephone on March 13, 2023, in connection with the SEC staff's review of a registration statement (the "Registration Statement") filed by the Registrant on Form N-2 under the Investment Company Act of 1940, as amended and Securities Act of 1933.

For your convenience, we have repeated the comment below, and the Fund's response follows your comment. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Registration Statement, unless otherwise indicated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.**  **<u>Comment</u>** : **What does "interest paid on commitment" mean in the Consolidated Schedule of Investments of the Predecessor Fund?** 

**<u>Response</u>**: The Fund respectfully notes that "interest paid on commitment" is not prepaid interest; it is the monthly interest due under the loan documents.

\*\*\*\*\*

We trust that the foregoing is responsive to your comments. Questions and comments concerning this filing may be directed to the undersigned at (215) 988-2959.

Sincerely,

<u>/s/ Joshua B. Deringer</u> 

Joshua B. Deringer