|
| |
Penzance Properties is the portfolio manager for the Company. It is responsible for identifying potential acquisitions, for structuring transactions, including debt and equity components, for development and recapitalization of projects and for timely and effective property disposition, all in the service of Penzance's primary objective: |
| |
| |
|
|
To maximize stable, advantageous returns by responding promptly and with flexibility to market conditions, and to investors' needs and interests, efficiently implementing creative strategies and solutions. |
| |
 | |
|
| |
Penzance and its investors have realized a project level IRR of over 43%.
The investments listed are representative of the Penzance portfolio. For more information, and to see an image of the property, please click on the property name. |
| | |
|
|
 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2801 Patapsco Avenue
Baltimore, Maryland |
| Sold |
|
|
13505 Dulles Technology Drive
Herndon, Virginia |
| Sold |
|
|
1215 Connecticut Avenue, N.W.
Washington, D.C. |
| Sold |
|
|
3259 M Street, N.W.
Washington, D.C. |
| Sold |
|
|
1003-1007 Wisconsin Avenue.
Washington, D.C. |
| Sold |
|
|
|
|
|
|
|
|
|