Ms. Springer founded Penzance with Victor Tolkan in 1996. Assets under management in partnership with blue chip institutional investors exceed $3.7 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 region.  Fund II was launched in 2020.  She is a member of the Investment, Executive, and ESG Committees.​

Before she founded Penzance, 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 US District Judge Peter Beer (ED, Louisiana).  She was an attorney in the real estate and corporate transactions group at the law firm of Shaw Pittman LLP, now Pillsbury.  She received her JD from the University of Virginia School of Law.​

Ms. Springer has served on the boards of The Field School in Washington, DC, the Children’s Law Center, and the Jordan River Foundation, and as co-chair of the DC Leadership Circle of Women for Women.​