Pennybacker Advantage

Launched with and for Family Office and Institutional Investors – Pennybacker was launched in conjunction with family office and institutional investors that desire a captive real estate manager for their real estate allocations. These strategic affiliates successfully backed the formation of several fund sponsors that now collectively manage several billion dollars of assets.

Successful Track Record – Sponsoring over 74 transactions throughout the U.S., the partners at Pennybacker have a proven track record of producing attractive investment returns in the targeted markets.

Established Deal Sourcing – Pennybacker has broad and established deal sourcing through long-standing relationships, extensive operating and development experience, and strategic affiliates. Key relationships include joint venture partners, real estate debt providers, owners, developers, institutional direct real estate investors, family offices, real estate law firms, and public officials.

Team’s Ability to Value Risk and Complexity – Pennybacker’s ability to access off-market and complex deal flow is substantially 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, securities law, investment banking, credit traditional debt and credit, and investor reporting.

Institutional Infrastructure – Pennybacker provides an institutional infrastructure and direct access to the most current property progress and updates, comprehensive quarterly reports, and audited financial reports. We utilize Citi Private Equity Services’ institutional platform for accounting and reporting, a platform traditionally not available to middle-market funds.