Penwood was established to provide an opportunity for qualified institutional investors to access domestic supply-restrained real estate markets through focused value-added investment vehicles. Penwood is committed to understanding investor objectives so we can design appropriate investment strategies and provide exceptional client service. As a result, Penwood and its partnerships are structured to maximize alignment of firm, partnership, and investor interests. Penwood is owned and operated by the Principals and co-invests the Principals’ capital in each partnership. Every Penwood sponsored partnership is formed to deliver significant value to the institutional investors through a focused strategy and preferred access to transaction flow from premier operating partners within the target markets.
Because of its experience, understanding, and investment focus on complex value creation investments, Penwood has been able to establish significant relationships with a select group of partners that provide local market operating expertise for development, leasing, property management and disposition services. These strong, mutually beneficial relationships offer the right combination of specialized skills and knowledge that let us capitalize on acquisition and disposition opportunities in a timely manner.
Our operating partners also provide Penwood with initial insight into investment opportunities before they are subject to an open market bidding process. Penwood believes that the pricing advantages of acquiring off-market transactions are very attractive and enable our funds to obtain more favorable pricing.
The Entrepreneurial Advantage
Penwood has established a reputation of responding decisively and promptly to requests from its investors and operating partners. This entrepreneurial attitude in concert with the discipline and rigor of Penwood’s investment and due diligence process is appreciated by our partners. The result is a dynamic team approach that greatly increases our capacity to source attractive investment opportunities, and enhances our credibility as a buyer/seller that can execute transactions efficiently and on time.
This same nimble reaction and response with our operating partners is applied to the relationships we forge with our investors. Proactive, personalized and timely interaction is an important part of our commitment to investors.