Ms. Springer co-founded Penzance with Victor Tolkan in 1996. Assets under management currently exceed $1.3 billion with an aggregate transaction volume of $3 billion over the firm’s history in partnership with blue chip institutional investors. In 2017, the firm launched the Penzance DC Real Estate Fund LP, to invest in value add and opportunistic strategies, including development projects, across the region. Penzance DC Real Estate Fund ll LP was launched in the fourth quarter of 2019.

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 decided to attend law school and earned her JD from the University of Virginia School of Law.