Pennybacker Capital Approach
ANALYTICAL AND DATA-DRIVEN APPROACH
Pennybacker Capital's investment premises are driven by thorough examination of supply and demand characteristics of distinct regional economies, identifying market condition imbalances that present the opportunity for value-add investments to capitalize upon.
ESTABLISHED INVESTMENT SOURCING
Pennybacker Capital has broad and established investment sourcing through long-standing relationships, extensive operating and development experience, and strategic affiliates. Sources of investment opportunities have included lenders, special servicers, holders of controlling class of CMBS debt instruments, distressed real estate owners, joint venture partners, developers, institutional direct real estate investors, family offices, and real estate law firms.
TEAM'S ABILITY TO VALUE RISK AND COMPLEXITY
Pennybacker Capital’s ability to access situational and complex deal flow is supported by the firm’s strength and experience identifying value, analyzing outcomes, and creating quality in a wide range of scenarios. Our professionals bring experience in real estate investment management, real estate development, asset management, property management, bankruptcy workouts, traditional and distressed real estate debt security valuation, investment banking, and traditional debt and credit underwriting.
Pennybacker Capital takes an operationally-intensive approach to real estate asset management, leasing, operations, and capital improvement implementation. This approach leverages the firm's experience owning and/or operating 100 properties, ensuring each investment receives best-practices application and a focus on quality.
Pennybacker Capital provides an institutional infrastructure and direct cloud-based access to the most current property progress and updates, comprehensive quarterly reports, audited annual reports, and limited partner documentation. The firm utilizes Citi Private Equity Services’ institutional platform for administration, accounting, and reporting.