Our Strategy: Invest
Penzance is a fully-integrated real estate investment platform demonstrating exceptional returns across DC metro submarkets
Investing directly, and as a general partner with respected institutional capital providers, Penzance is vertically integrated with deep local knowledge and relationships that help to maximize investment returns.
Our local knowledge and collaborative team approach allow us to envision possibilities and leverage asymmetrical information into superior results. Focusing on opportunities in value-add acquisitions and development of multifamily, mixed-use, office, industrial and data center properties in the DC metro area, our commitment to full alignment with our team, communities and investors helps assures that we thrive together.
The Penzance DC Real Estate Fund
A $255 million real estate fund targeting value-add investments in residential and commercial property and mixed-use development throughout the Washington, DC metropolitan region. The fund closed in 2018 with a diverse mix of institutional investors, including endowments, foundations, and family offices.
Using local experience and relationships to source exceptional investment opportunities.
Our acquisitions team utilizes a deep understanding of local economic drivers and long-standing relationships to uncover assets ripe for repositioning where our team can apply their hands-on approach to creating value through renovations, deal structuring, and operational enhancements. Working collaboratively with members of Penzance’s leasing, asset, property, and construction management divisions, our investment professionals formulate business plans with heightened accuracy, ensuring investment targets are achieved through collective buy-in.
A superior track record of investment performance distinguishes us as investment managers with a history of capital preservation and enhancement.
Our capital relationships include blue-chip investors as well as a broad array of lenders providing construction, repositioning, and acquisition financing. We align each asset’s unique investment profile with the optimal source of debt and equity capital to mitigate risk and achieve investment objectives with the goal of producing consistent risk-adjusted returns.