Penzance

Since its founding in 1996, Penzance has managed a gross asset value of more than $3.9 billion in real estate through partnerships with blue-chip institutional investors, separate accounts, and joint ventures, including our flagship discretionary fund series Penzance Real Estate Funds I, II, and III. We are proud of our deep roots in the region and focus our investment efforts on acquisition and development opportunities in multifamily, data center, industrial, and other commercial assets, where we leverage our operating platform and access to asymmetrical situational opportunities to produce outsized returns. Our ability to source more than 50% of our investments off-market is a testament to our deep local relationships, experience, and proprietary sourcing methods which allow us to identify market inefficiencies.