Real Estate

Delivering real results

Real estate is our foundation, and we uniquely drive its evolution. From our team to our technology, we apply real-time insights and lessons learned to invest across asset classes and the capital stack. Predictive analytics and broad perspective allow us to pivot business plans, optimize upside, and reduce risk. 

interior photo of a Pennybacker real estate project
real estate icon
interior photo of a Pennybacker real estate project
interior photo of a Pennybacker real estate project

Discover our opportunistic Value strategy

Our opportunistic Value Fund Series is where we got our start. Since 2006, we’ve grown our reputation for repeatable success with a data-driven strategy focused on improving underperforming properties and neighborhoods in key growth markets.

6
closed-end series funds
105
/155
investments realized to made
20+
years of investment experience
As of December 31, 2023

MIXED USE

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MULTIFAMILY

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MIXED USE

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INDUSTRIAL

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Explore our Evergreen Strategy

At Pennybacker, we are constantly looking for ways to create value for our investors. That’s why in late 2021, we added an open-ended fund to serve investors seeking long-term, compounded growth. Evergreen uses differentiated strategies to target attractive, risk-adjusted entry points to deliver long-term outperformance.

1
open-ended fund
6
investments made since inception
2021
inception
As of December 31, 2023

MULTIFAMILY

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RETAIL

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RETAIL

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INDUSTRIAL

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The above transactions are presented to show recent Pennybacker investments made on behalf of our clients. Although these transactions represent the types we may pursue in the future, no representation is made that similar opportunities will be available. Prospective investors may or may not receive interest in the properties pictured.