Mr. Fong is responsible for acquiring development opportunities with a focus on multi-family and mixed-use projects.

Prior to joining Penzance, Mr. Fong oversaw acquisitions and development for Hoffman & Associates, where he focused on ground-up, mixed-use developments in the Greater Washington Metro Area. Mr. Fong previously worked for two national publicly traded REITs: Vornado Realty Trust and AvalonBay Communities. During his tenure at Vornado Realty Trust, he worked on multifamily, office, hospitality, and retail developments in Washington, DC and Arlington, VA. At AvalonBay, Mr. Fong worked on the $6.5 billion acquisition of Archstone, focusing on due diligence, valuation, market exposure, and integration.

Mr. Fong is a member of the Leadership Center for Excellence and The DC Real Estate Group.

He received his BBA in Finance from The College of William and Mary.