Ms. Springer founded Penzance with Victor Tolkan in 1996. Assets under management in partnership with blue chip institutional investors exceed $3.9 billion over the firm’s history. In 2017, the firm launched Fund I, to invest in value-add and opportunistic strategies, including development projects, across the Mid-Atlantic. Fund II was launched in 2020. She is a member of the Investment, Executive, and CR Committees.
Ms. Springer served as an economist for the Board of Governors of the Federal Reserve and at Resources for the Future, and as clerk for United States District Judge Peter Beer (ED, Louisiana) before she co-founded the firm. She was an attorney in the real estate and corporate transactions group at the law firm of Shaw Pittman LLP, now Pillsbury. Ms. Springer serves on the Board of Trustees for the Field School in Washington, DC and has served on the boards of the Children’s Law Center and the Jordan River Foundation, and as co-chair of the DC Leadership Circle of Women for Women.
Competitively selected for fellowship in the PhD Economics Program at MIT, Ms. Springer earned her JD from the University of Virginia School of Law.